Profit

Jyothy Labs Q2 Net Jumps 54% to Over Rs 38 Crore

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Jyothy Labs Q2 Net Jumps 54% to Over Rs 38 Crore
New Delhi: Home and personal care firm Jyothy Laboratories Ltd (JLL) on Tuesday reported 54.3 per cent increase in consolidated net profit at Rs 38.77 crore for the second quarter ended September 30, 2015-16.

It had posted net profit of Rs 25.13 crore in the same period of last financial year, 2014-15.

The company's net sales in the quarter under review stood at Rs 400.73 crore, up 8.9 per cent, as against Rs 367.67 crore during the same period last year, Jyothy said in a BSE filing. 

Jyothy Laboratories Chairman & Managing Director M P Ramachandran said: "Second quarter 2015-16 was a better quarter with the company reporting higher growth in profitability. Most of our power brands outperformed the market and helped further strengthen our position." 

During the quarter, JLL's revenues of soaps and detergent business grew by 7.3 per cent at Rs 294.55 crore while revenue of home care business increased by 16.3 per cent to Rs 92.69 crore. Jyothy's brands include Margo, Henko, Ujala and Exo. 
 

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