Jyothy Laboratories Q2 net profit up 47 pc at Rs 46 cr

FMCG firm Jyothy Laboratories today reported a 46.93 per cent increase in its consolidated net profit at Rs 45.71 crore for the September quarter.
The company had posted a net profit of Rs 31.11 crore during the same period of the previous fiscal, Jyothy Laboratories said in a regulatory filing.
Total income during the quarter under review stood at Rs 433.83 crore as against Rs 435.01 crore in the year-ago period.
"The quarter was quite satisfactory in terms of sales performance and increase in market share across all brand categories," Jyothy Laboratories Chairman and Managing Director M P Ramachandran said.

Revenue from personal care segment grew 46.7 per cent at Rs 50.7 crore as against Rs 34.6 crore in the year-ago period, the company said.
On the outlook, Ramachandran said: "We hope that increased ad spend and concentration on marketing activities will help us to achieve a better share of voice ensuring further growth across categories."
The stock was trading 12.44 per cent down at Rs 342 apiece on BSE today.