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

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.