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News in English
Ноябрь
2024

Mamaearth parent dismisses distributors’ claim of Rs 300 crore unsold inventory as ‘misinformation’

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Mamaearth's parent company, Honasa Consumer, refuted claims of excessive unsold inventory, stating their total inventory is significantly lower than alleged. The company acknowledged a challenging quarter due to a strategic shift in distribution, leading to a net loss. Despite this, Honasa Consumer assured investors they are actively managing returns and addressing distributor concerns.



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