Home / Business and Economy / Honasa's CBO Resigns Amidst Strong Financial Growth
Honasa's CBO Resigns Amidst Strong Financial Growth
10 May
Summary
- Chief Business Officer Yatish Bhargava resigned from Honasa.
- Bhargava's departure comes less than a year after his appointment.
- Honasa reported a 16.2% revenue increase in Q3 FY26.
Yatish Bhargava, Chief Business Officer at Honasa Consumer, has resigned from his position, citing personal circumstances. His resignation is effective from the close of business on May 15, 2026. Bhargava joined the Mamaearth parent company in June of last year, following a period where the role had been vacant since February 28, 2025.
His departure comes as Honasa Consumer reports robust financial performance. In the third quarter of fiscal year 2026, the company's operating revenue saw a 16.2% increase, reaching Rs 602 crore compared to Rs 518 crore in the same quarter of the previous fiscal year. Profit after tax nearly doubled, rising to Rs 50 crore from Rs 26 crore.
The company anticipates continued growth, guiding for revenue increases in the late twenties for the fourth quarter of fiscal year 2026. Flagship brand Mamaearth is projected to grow in the teens, while newer brands like The Derma Co. and Aqualogica are expected to achieve mid-twenties growth.
