Jyothy Lab Q1 profit up 72% to Rs 42.46 crore

Tags: Companies
Jyothy Laboratories today reported a 72 per cent increase in its net profit at Rs 42.46 crore for the first quarter ended June 30, 2014.

The company had posted a net profit of Rs 24.69 crore during the same period of the previous fiscal, Jyothy Laboratories Ltd (JLL) said in a filing to the BSE.

Net sales of the company rose 16 per cent to Rs 385.14 crore in the first quarter, compared with Rs 332.58 crore in the same period last year.

Commenting on the result, JLL CMD MP Ramachandran said: "Jyothy continues to deliver superior value and strong performance through various measures such as healthy innovation pipeline, aggressive brand investment and focus on improvement of margin."

During the period under review, the company's soaps and detergent business, which includes brands like Ujala and Henko, posted sales of Rs 304.52 crore, up 18 per cent as against Rs 257.66 crore in the same period a year ago.

The company's home care business, which includes products such as mosquito coils, reported sales of Rs 67.30 crore during the quarter under review, up 15 per cent from Rs 58.65 crore during the year-ago period.

Shares of Jyothy Laboratories were trading at Rs 189.70 apiece on the BSE, up 3.46 per cent from the previous close.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Lower listings rate is proof that the Indian market is maturing

    The bullishness on Dalal Street notwithstanding, the pace at which new companies are being listed on Indian stock exchanges is declining.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Building great cities (and nations)

Fifteen to twenty years’ span is the time when humans ...

Kuruvilla Pandikattu SJ

Defining success differently

Researchers spent four decades studying a group of mathematically talented ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture