Honasa Consumer, the parent company of Mamaearth, posted a 177% year-on-year increase in net profit for the March quarter at ₹69 crore, compared with ₹25 crore a year earlier. Operating revenue rose 23% YoY to ₹657 crore, supported by growth in younger brands and focus categories. The company also announced its first-ever dividend of ₹3 per share.