Honasa Consumer's shares surged by 20% to INR 330.50 apiece on the BSE intraday trading session on May 23, ending the day 19.8% higher.
The company's revenue rose to INR 533.6 Cr in Q4 FY25, but the bottom line declined by 18% to INR 25 Cr compared to the same period last year.
Honasa reported growth in offline distribution, billing 1.2 Lakh unique outlets during the year, almost completing its transition to a new direct distribution model.
The stock's recent uptrend follows a period of setbacks due to omnichannel expansion, regulatory issues, and market volatility, with a recent court ruling in favor of Honasa.