A near-200 basis points expansion in gross margins and a decline in ad spends to 33.5% of topline from 39.5% last year contributed to the better EBITDA performance for Honasa Consumer, the parent company of MamaEarth.
A near-200 basis points expansion in gross margins and a decline in ad spends to 33.5% of topline from 39.5% last year contributed to the better EBITDA performance for Honasa Consumer, the parent company of MamaEarth.