Jyothy Labs Sees Q2 Profit Rise, Plans Growth in Rural Markets

13 Nov 2024 , 10:21 AM

Jyothy Labs Ltd released its Q2 FY25 results on Monday, where the consolidated profit after tax (PAT) increased slightly by 1% YoY to ₹105 Crore, compared to ₹104 Crore in the same quarter last year. Operating EBITDA grew by 2.3% YoY, reaching ₹138.5 Crore, up from ₹135.4 Crore in the previous year’s Q2.

EBITDA margin rose to 18.9% in Q2 FY25, from 18.5% in Q2 FY24, with gross margin improving to 50.2% from 49.2% YoY. Revenue from operations remained steady at ₹733.8 Crore, a minimal 0.2% increase over the ₹732.3 Crore reported in Q2 FY24.

Jyothy Labs maintained strong market resilience despite muted consumer demand and seasonal factors, as per the company’s statement on Nov. 12. Advertising and promotional expenses rose to 8.3% of revenue, marking a 6.4% increase YoY as part of the brand visibility strategy.

Looking ahead, the company plans to expand its rural distribution and direct retail footprint, aiming for volume growth across both urban and rural markets. Chairperson and MD M R Jyothy highlighted a focus on distribution and innovation to support growth in key segments.