Jyothy Labs Reports 1.35% Revenue Growth in Q1, Net Profit at Rs 96.79 Crore
Jyothy Laboratories announced Q1 financial results with revenue from operations at Rs 751.21 crore, up 1.35% YoY. Net profit decreased 4.95% to Rs 96.79 crore. Total income rose to Rs 770.65 crore. EPS stood at Rs 2.64. Fabric Care was the top revenue generator at Rs 332.77 crore, followed by Dishwashing at Rs 248.19 crore. The company recently divested its stake in Jyothy Kallol Bangladesh Limited for Rs 2.10 crore.

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Jyothy Laboratories , a leading fast-moving consumer goods (FMCG) company, has announced its financial results for the first quarter. The company reported a modest growth in revenue and a slight dip in net profit compared to the same period last year.
Financial Highlights
- Revenue from operations stood at Rs 751.21 crore, up 1.35% from Rs 741.18 crore in the previous year's quarter
- Net profit reached Rs 96.79 crore, down 4.95% from Rs 101.83 crore in the corresponding quarter
- Total income increased to Rs 770.65 crore from Rs 754.87 crore year-over-year
- Basic and diluted earnings per share (EPS) were Rs 2.64, compared to Rs 2.77 in the same quarter last year
Segment-wise Performance
Jyothy Labs' performance across its various business segments for the quarter was as follows:
Segment | Revenue (Rs in crore) |
---|---|
Fabric Care | 332.77 |
Dishwashing | 248.19 |
Personal Care | 93.93 |
Household Insecticides | 45.47 |
Others | 30.85 |
The fabric care segment emerged as the top revenue generator, followed by dishwashing products. The personal care segment also showed strong performance, while household insecticides contributed a smaller portion to the overall revenue.
Operational Highlights
The company's Board of Directors approved the unaudited financial results for the quarter ended June 30, at a meeting held on August 12. The meeting, which began at 10:40 a.m. and concluded at 12:55 p.m., also included a review by the Audit Committee.
Strategic Developments
Earlier this year, Jyothy Labs divested its entire equity stake in its subsidiary, Jyothy Kallol Bangladesh Limited (JKBL). The sale, approved by the Board of Directors on March 25, was made to Kallol Enterprise Limited for an aggregate consideration of Rs 2.10 crore. This divestment resulted in a one-time loss of Rs 3.70 crore, which was recorded as an exceptional item in the previous quarter's financial statement.
Management Commentary
Ms. M. R. Jyothy, Chairperson and Managing Director of Jyothy Labs Limited, has been authorized by the Board of Directors to sign the financial results for the quarter ended June 30. While specific comments from the management were not provided in the available data, the company's performance reflects its resilience in a challenging market environment.
Conclusion
Jyothy Labs has demonstrated a stable performance in the first quarter, with a slight increase in revenue despite facing potential headwinds in the FMCG sector. The company's diverse product portfolio, spanning fabric care, dishwashing, personal care, and household insecticides, continues to contribute to its overall growth strategy. As Jyothy Labs moves forward, investors and market watchers will be keen to observe how the company navigates the evolving consumer goods landscape and leverages its strengths across various segments.
Historical Stock Returns for Jyothy Laboratories
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.02% | -0.21% | -3.80% | -1.96% | -40.01% | +117.25% |