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Jyothy Labs

FMCG cos to witness low topline growth in Q3, volume growth to remain soft

Also, during the year, companies resorted to cutting prices of their products as commodity prices softened, thus also having restricted the growth in revenue in the quarter

FMCG cos to witness low topline growth in Q3, volume growth to remain soft
Updated On : 04 Jan 2024 | 1:07 PM IST

Jyothy Labs' Q2 profit up 59.1% at Rs 103.98 cr on strong revenue growth

FMCG maker Jyothy Labs Ltd on Tuesday reported a 59.1 per cent jump on consolidated net profit at Rs 103.98 crore for the second quarter ended September 30, on the back of strong revenue growth. The company, which has brands like Ujala, Maxo, Exo, Henko, Pril, Margo, had posted a consolidated net profit of Rs 65.35 crore in the second quarter of the last fiscal year, Jyothy Labs said in a regulatory filing. Consolidated revenue from operations stood at Rs 732.34 crore in the quarter under review, as compared to Rs 659.2 crore in the year-ago period, it added. Total expenses in the second quarter were higher at Rs 610.45 crore, as against Rs 595.26 crore in the same period a year ago. "The demand across our product portfolio has been stable. The inflationary environment has been a constant pressure on the consumption of FMCG products," Jyothy Labs Managing Director M R Jyothy said. However, she said, "given our business potential, we continue to expand our distribution footprint ac

Jyothy Labs' Q2 profit up 59.1% at Rs 103.98 cr on strong revenue growth
Updated On : 07 Nov 2023 | 2:46 PM IST

Jyothy Labs soars 14% on heavy volumes, zooms 91% in 3 months; here's why

The average trading volumes jumped over five-fold, with a combined 6.37 million shares representing 1.7% of total equity of Jyothy Labs changing hands on the NSE and BSE till 02:58 PM.

Jyothy Labs soars 14% on heavy volumes, zooms 91% in 3 months; here's why
Updated On : 03 Oct 2023 | 3:15 PM IST

FMCG firm Jyothy Labs logs net profit jump to Rs 96.25 cr in June quarter

FMCG firm Jyothy Labs Ltd on Tuesday reported an over two-fold increase in its consolidated net profit at Rs 96.25 crore in the June quarter, led by stable demand and moderation in input costs. It had posted a consolidated net profit of Rs 47.73 crore in the April-June quarter a year ago, according to a regulatory filing by Jyothy Labs, which owns brands such as Ujala, Pril, Margo and Exo. Jyothy Labs' revenue from operations rose 15.05 per cent to Rs 687.10 crore during the period under review as against Rs 597.20 crore a year ago. "We have observed relatively stable demand across our product portfolio. With moderating input costs, our EBITDA margin for the quarter stood at 17.1 per cent versus 10 per cent in the same period last year, thereby an increase of 96.3 per cent," a company's earnings statement said. It further said: "Our Net Profit also grew by 101.7 per cent over the same period last year." Its total expenses were at Rs 582.75 crore, up 5.24 per cent in Q4/FY24 as aga

FMCG firm Jyothy Labs logs net profit jump to Rs 96.25 cr in June quarter
Updated On : 25 Jul 2023 | 6:37 PM IST

FMCG industry to witness 'significant growth' in FY24: Jyothy Labs

The fast moving consumer goods (FMCG) sector is expected to see a 'significant growth' in FY24 with rural demand showing improvement and inflation beginning to moderate, said Jyothy Labs in its latest annual report. The urban demand continues to remain steady, the report said. Growth is "fuelled" by large packs as there is a distinct trend of consumers upgrading to medium and high-value packs for its various key FMCG categories, said Jyothy Labs, maker of branded products like Ujala, Henko, Margo, Exo and Pril. "In this pack size transition has been observed in beverages, personal care, and branded product categories. Now that input prices have exhibited a downward trend and end-consumers have sufficient purchasing power, FMCG businesses are likely to experience an increase in the volume of demand and consequently volume-led growth this year," it said. The urban demand is steady now and the rural market is "increasingly exhibiting signs of normalcy" helped by easing inflation and .

FMCG industry to witness 'significant growth' in FY24: Jyothy Labs
Updated On : 10 Jul 2023 | 5:13 PM IST

Jyothy Labs consolidated profit jumps 77% to Rs 67.39 cr in Dec quarter

FMCG firm Jyothy Labs Ltd has posted a 77.25 per cent jump in its consolidated net profit at Rs 67.39 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 38.02 crore in the same period last fiscal, it said in a regulatory filing. Consolidated revenue from operations was at Rs 612.67 crore during the quarter under review as compared to Rs 539.03 crore in the year-ago period, it added. "The business has been resilient in spite of high commodity inflation impacting the consumption across categories. We have been focussed only on execution to drive higher operating revenues and manage margins in the inflationary environment," it said. The company said it has focussed on a strategy to build scale and gain market share backed by enhanced distribution, including reaching out to newer geographies, increase brand visibility and product innovation initiatives. "We continue to drive execution-led growth to build scale. This will deliver

Jyothy Labs consolidated profit jumps 77% to Rs 67.39 cr in Dec quarter
Updated On : 27 Jan 2023 | 1:42 PM IST

Jyothy Labs Q3 net profit jumps 77.25% to Rs 674 crore, revenue rises

FMCG firm Jyothy Labs Ltd on Wednesday reported a 77.25 per cent jump in its consolidated net profit at Rs 673.9 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 380.2 crore in the same period last fiscal, it said in a regulatory filing. Consolidated revenue from operations were at Rs 6,126.7 crore during the quarter under review as compared to Rs 5,390.3 crore in the year-ago period, it added. "The business has been resilient in spite of high commodity inflation impacting the consumption across categories. We have been focussed only on execution to drive higher operating revenues and manage margins in the inflationary environment," it said. The company said it has focussed on a strategy to build scale and gain market share backed by enhanced distribution, including reaching out to newer geographies, increase brand visibility and product innovation initiatives. "We continue to drive execution-led growth to build scale. This

Jyothy Labs Q3 net profit jumps 77.25% to Rs 674 crore, revenue rises
Updated On : 25 Jan 2023 | 10:21 PM IST

Jyothy Labs rallies 9%, hits 4-year high in weak market

Notwithstanding the lockdowns due to the second wave of Covid-19 pandemic, the FMCG sector grew by 36.9 per cent in the April-June quarter of 2021.

Jyothy Labs rallies 9%, hits 4-year high in weak market
Updated On : 22 Dec 2022 | 12:41 PM IST

Jyothy Labs Q1 net profits up by 18.7% to Rs 47.73 cr; sales up 13.7%

Home-grown FMCG firm Jyothy Labs on Monday reported an 18.73 per cent rise in its consolidated net profit at Rs 47.73 crore in the first quarter ended June 30, 2022

Jyothy Labs Q1 net profits up by 18.7% to Rs 47.73 cr; sales up 13.7%
Updated On : 25 Jul 2022 | 1:43 PM IST

Jyothy Labs Q1 profit down 20% at Rs 40.20 crore on high input cost

Homegrown FMCG firm Jyothy Labs on Thursday reported 19.61 per cent decline in consolidated net profit at Rs 40.20 crore for June quarter 2021-22 on account of increase in input cost

Jyothy Labs Q1 profit down 20% at Rs 40.20 crore on high input cost
Updated On : 29 Jul 2021 | 8:20 PM IST

Soap manufacturers keep off price hikes for now amid coronavirus spread

Jyothy Labs' Managing Director MR Jyothy said better hygiene habits were the need of the hour

Soap manufacturers keep off price hikes for now amid coronavirus spread
Updated On : 21 Mar 2020 | 1:11 AM IST

Daughter M R Jyothy steps out of the shadows to become MD at Jyothy Labs

Independent director R Lakshminarayanan will take over as chairman of the board

Daughter M R Jyothy steps out of the shadows to become MD at Jyothy Labs
Updated On : 11 May 2019 | 11:01 PM IST

Home insecticides business takes sheen off Jyothy Labs' Q4

Weak show of the household insecticides business (under thebrand name Maxo), which forms about a fourth of Jyothy Laboratories' (JyothyLabs') revenue, pulled down overall growth in the March quarter (Q4).Consequently, the company's consolidated revenue grew 4.2 per cent year-on-year(y-o-y) to ~446 crore, missing the Bloomberg consensus estimate of ~478 crore. While peer Godrej Consumer Products (GCPL), too, witnessedsome pressure on its household insecticides revenues in Q4, this business grewfour per cent; but for Jyothy Labs, the household insecticides' revenues fellsix per cent y-o-y in Q4, indicating it could have lost market share, unlikeGCPL which maintained its leadership position. While the company believeshousehold insecticides could improve in case of a normal monsoon, the Streetwill keep a close watch on it given the competitive intensity and its highcontribution to Jyothy Labs' top line.Other than the flattish growth in the smaller segment oflaundry services, Jyothy Labs'

Home insecticides business takes sheen off Jyothy Labs' Q4
Updated On : 18 May 2017 | 11:54 PM IST

Jyothy Labs: Note ban, cost pressures pull down Q3 show

Weaker margins and slower revenue growth could lead to earnings downgrade

Jyothy Labs: Note ban, cost pressures pull down Q3 show
Updated On : 21 Jan 2017 | 4:15 AM IST

Jyothy Laboratories' Q2 net profit up 61%

Net sales of jumped by a marginal 6.64% to Rs 433.49 crore as against Rs 406.50 crore in same quarter

Jyothy Laboratories' Q2 net profit up 61%
Updated On : 25 Oct 2016 | 8:32 PM IST

Jyothy Lab, Biocon, Delta Corp, Accelya Kale hit record highs

KPR Mill, Vakrangee, Aegis Logistics, Bodal Chemicals, IG Petro, Gujarat Alkalies, RPG Life and Surya Roshni too hit their respective record highs on BSE.

Jyothy Lab, Biocon, Delta Corp, Accelya Kale hit record highs
Updated On : 20 Sep 2016 | 3:19 PM IST

Jyothy Labs' Q1 net rises 78% to Rs 46 cr

Net sales rise 9% at Rs 440 cr

Jyothy Labs' Q1 net rises 78% to Rs 46 cr
Updated On : 15 Aug 2016 | 1:09 AM IST