Mamaearth

EBITDA margin expanded from 7.7% to 14.6% from Q1 FY26 to Q1 FY27 — stronger pricing and cost control drive higher operating profits

Like-for-like revenue eased from ₹682 Cr to ₹595 Cr from Q4 FY26 to Q1 FY27 — existing store sales face seasonal normalization

Net revenue grew from ₹595 Cr to ₹756 Cr from Q1 FY26 to Q1 FY27 — consistent top-line momentum across product lines

Retail outlet count dropped from 2,70,000 to 3 from Q3 FY26 to Q1 FY27 — channel reporting or distribution strategy has shifted significantly

Underlying volume growth accelerated from 10.5% to 30.5% from Q1 FY26 to Q1 FY27 — sustained consumer demand supports scale

Employee benefit expense as a share of revenue fell from 10.1% to 8.8% from Q1 FY26 to Q1 FY27 — payroll costs are managed efficiently as sales rise

Advertisement expense as a share of revenue dropped from 34.6% to 31.8% from Q1 FY26 to Q1 FY27 — marketing spend is generating more sales per rupee