Honasa Consumer’s The Derma Co. hits Rs 500 crore annual revenue run rate

Delhi: The Derma Co., skincare brand from Honasa Consumer announced that it has achieved an annual revenue rate of Rs 500 crore. 

In a statement, the company said that the brand has sold over 1 crore units in the last fiscal.

“The brand has consistently been featured among the top 3 bestsellers ranks across leading e-commerce platforms, demonstrating its differentiated proposition and high consumer acceptance,” the statement read. 

Varun Alagh, Co-Founder, Chairman and Chief Executive Officer of Honasa Consumer, said, “The Derma Co.'s remarkable achievement of INR 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. This focus on excellence has helped us set new benchmarks across the active ingredient-based skincare segment. At Honasa, we are committed to continuing our quest towards fueling our innovations and offering brands that serve the evolving consumer demands.”