{"id":878306,"date":"2024-11-19T09:44:42","date_gmt":"2024-11-19T04:14:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=878306"},"modified":"2024-11-19T09:44:42","modified_gmt":"2024-11-19T04:14:42","slug":"honasa-consumer-shares-crash-20-to-52-week-low-after-reporting-yoy-loss-in-q2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/19\/honasa-consumer-shares-crash-20-to-52-week-low-after-reporting-yoy-loss-in-q2\/","title":{"rendered":"Honasa Consumer shares crash 20% to 52-week low after reporting YoY loss in Q2"},"content":{"rendered":"<p>Shares of Mamaearth&#8217;s parent company, Honasa Consumer, were locked in the 20% lower circuit limit, at Rs 297.25\u2014its 52-week low\u2014after the company announced its Q2FY25 earnings on Thursday, after market hours. The company reported a consolidated net loss of Rs 19 crore, compared to a profit after tax (PAT) of Rs 29 crore in the year-ago period, due to a one-time inventory correction amid a shift in its distribution model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Mamaearth&#8217;s parent company, Honasa Consumer, were locked in the 20% lower circuit limit, at Rs 297.25\u2014its 52-week low\u2014after the company announced its Q2FY25 earnings on Thursday, after market hours. The company reported a consolidated net loss of Rs 19 crore, compared to a profit after tax (PAT) of Rs 29 crore in the year-ago period, due to a one-time inventory correction amid a shift in its distribution model.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-878306","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/878306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=878306"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/878306\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=878306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=878306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=878306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}