Jyothy Lab Q1 net up 5% at Rs 45 cr

FMCG firm Jyothy Laboratories today reported a 4.96 per cent rise in its consolidated net profit at Rs 44.58 crore for the quarter ended June 30.

The company had posted a net profit of Rs 42.47 crore for the corresponding period of the previous fiscal, Jyothy Laboratories said in a BSE filing.

Consolidated total income of the company also rose to Rs 414.34 crore for the quarter under consideration as against Rs 385.48 crore for the year ago period.

Jyothy laboratories Chairman and Managing Director M P Ramachandran said: "Jyothy has delivered reasonable growth. Softening of commodity prices helped us improving operating margins by 4 per cent.

Shares of Jyothy Laboratories trading at Rs 307.25 per scrip in the morning trade on BSE, down 0.94 per cent.