Jyothy Laboratories Q3 net jumps 63% to Rs 27 cr

Homegrown FMCG firm Jyothy Laboratories Ltd today reported a 63.11% increase in its standalone net profit to Rs 27.37 crore for the third quarter ended December 31, 2013.

The company had posted a standalone net profit of Rs 16.78 crore during the same period of the previous fiscal, Jyothy Laboratories Ltd (JLL) said in a statement.

Net sales of the company stood at Rs 296.98 crore for the quarter as compared with Rs 234.20 crore in the year-ago period.

Commenting on the results, Jyothy Laboratories CMD M P Ramachandran said: "Increase of geographical footprints of our seven power brands has helped us grow at fast pace. We have strategically concentrated on investing in our brands through advertising campaigns and brand extension which is paying off well."

He further said Jyothy Laboratories would continue to expand its product portfolio.

Jyothy Laboratories markets various brands, including Ujala, Maxo, Exo, pril, Margo, Fa, Mr White and Henko.

Shares of Jyothy Laboratories were trading at Rs 197.45 per scrip on the BSE, up 1.10% 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E-mail ID will not be published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

  • Banks must learn from past mistakes to promote financial inclusion

    Prime minister Narendra Modi launched a massive financial inclusion programme yesterday titled “pradhan mantri jan dhan yojana’ (PMJDY), that will

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

Urs Schöttli

West Asia turmoil worries east Asia

From Beijing to Jakarta, from Manila to Tokyo, east Asian ...

Parvez Imam

Sowing the seeds of love for hatred

No wonder we have a whole lot of talking going ...

Dharmendra Khandal

Time to protect our endangered wildlife species

After 65 million years of existence, the earth’s biodiversity is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture