Jyothy Laboratories (JLL) an FMCG company reported 25.68% rise in its Net Profit to Rs.176.2 million for the first quarter ended June 30, 2012 as against Rs.140.2 million in Q1FY12. Net Sales for the quarter rose 70.63% to Rs.2098.6 million from Rs.1229.9 million reported in the corresponding period of last fiscal.
The operating EBIDTA margin for the quarter improved to 11.87% as against 8.84% in the corresponding period of last year. The company reported EPS of Rs 2.19 for Q1FY13 as against Rs 1.74 in the year-ago period.
Jyothy Laboratories Segmental Performance Q4FY12 Vs Q4FY11:
The Soaps & Detergents business, which includes fabric whitener, fabric detergent, surface cleaning products and soaps, witnessed growth of 64.26% to Rs.1501.5 million during the quarter compared to Rs. 914.1 million on June 30th, 2011. Ujala fabric whitener is the market leader with a market share of 73.3%.
Home Care, which includes mosquito coils, scrubber and incense sticks saw the increase in revenues for the quarter by 89.02% to Rs.593.7 million as against Rs. 314.1million during the same period last year.
Commenting on the company’s results, M P Ramachandran – Chairman & Managing Director, Jyothy Laboratories Ltd said, “We are on the right path of growth and the merger of Henkel India Limited with Jyothy is one such step. The integration of Henkel with Jyothy is being completed. Mr. S. Raghunandan, a new CEO is putting in an experienced management team to achieve well designed growth”.