The Derma Co achieves Rs 500 crore annual revenue rate

The Derma Co, a skincare brand from Honasa Consumer Ltd has achieved an annual revenue rate (ARR) of Rs 500 crore ($62 million).

The brand sold over 1 crore units in the last fiscal across categories like face serums, hydrating sunscreens, sunscreen stick, acne patches among others.

Commenting on the growth, Varun Alagh, co-founder of Honasa Consumer Limited in a statement said, “The Derma Co.’s remarkable achievement of Rs 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 continue our quest towards fuelling our innovations and offer brands that serve the evolving consumer demands,” he added.

The Derma Co retails its products across leading e-commerce marketplaces and select modern trade partner outlets across India.