Saturday, May 4 2024 | Time 02:45 Hrs(IST)
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Business Economy


'The Derma Co' reports Rs 500 cr annual revenue rate

New Delhi, Apr 22 (UNI) Honasa Consumer's skincare brand, The Derma Co, said on Monday that it has achieved an annual revenue rate of Rs 500 crore.
"This achievement underscores Honasa Consumers’ capabilities to craft and scale new brands with strategic innovations, delivering exceptional skincare solutions to consumers across India," the company said in a media release.
The company said that its focus on leveraging data for product innovation and responding swiftly to emerging trends continues to be a cornerstone of its strategy.
Commenting on the milestone, Varun Alagh, Co-Founder, Chairman, and Chief Executive Officer of Honasa Consumer Limited, said, “The Derma Co's remarkable achievement of Rs 500 crore annual run rate is a strong testament to our strategic brand-building approach at Honasa Consumer Limited.
Our success is an output of in-depth consumer study of the evolving consumer demands and being able to innovate swiftly to deliver differentiated propositions to our consumers."
UNI NK ARN
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