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Jyothy Lab Q1 net up two-fold to Rs 29 cr

The company had posted a net profit of Rs 14.10 crore in the same period of previous fiscal

Press Trust of India New Delhi
FMCG firm Jyothy Laboratories today posted two-fold increase in net profit to Rs 28.70 crore for the first quarter ended June 30, 2013.
     
The company had posted a net profit of Rs 14.10 crore in the same period of previous fiscal.
     
Net sales of the company rose to Rs 318.18 crore during the first quarter, as against Rs 281.21 crore during the same period a year ago, Jyothy Laboratories Ltd said in a filing to the BSE.
     
Jyothy Laboratories markets various brands, including Ujala, Maxo, Exo and Henko.
     
 
Shares of the company were trading at Rs 168.05 apiece on BSE in afternoon trade, up 4.25% from the previous close. 

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First Published: Aug 12 2013 | 1:13 PM IST

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