Shares of Honasa Consumer slid 4% to ₹448.25 after a block transaction that moved 1.4 crore shares—4.4% of the float—at an average of ₹450 per share, valuing the deal at ₹643.4 crore.
In the June quarter, net profit more than doubled to ₹90.2 crore from ₹41.3 crore a year earlier, while revenue climbed 27% to ₹756 crore, and EBITDA margin expanded from 7.68% to 14.57%.
EBITDA rose to ₹110.1 crore from ₹45.7 crore, underscoring a sharp margin improvement that supports the company’s profitability trajectory.
The block deal involved institutional investors Peak XV Partners Investments VI, Sequoia Capital Global Growth Fund III and Redwood Trust, each holding 14.8%, 3.44% and less than 1% respectively; all shares are locked for 45 days post‑transaction.
With no guidance disclosed for the next quarter, traders will monitor liquidity dynamics and potential price swings as the lock‑in period expires, while the company’s 60% YTD rally indicates growing investor confidence.