Shares of Mamaearth’s parent company, Honasa Consumer Ltd, experienced a notable increase of 4.47% on Monday, reaching a high of Rs 403.55. This uptick in stock value follows the announcement that The Derma Co, a prominent skincare brand under Honasa, has achieved an impressive annual revenue rate (ARR) of Rs 500 crore.
The Derma Co’s ARR represents a significant growth from the Rs 350 crore…
