Jyothy Labs Limited, one of the leading Indian FMCG companies, achieved a remarkable sales figure of ₹687 crores, marking a significant 15.1 percent growth compared to the same period last year.
The highlights of the results are impressive EBITDA and Net profit. The EBITDA margin for the quarter stood at an impressive 17.1 percent, a substantial increase from the 10 percent recorded during the same period last year, amounting to a growth of 96.3 percent. Additionally, the net profit also experienced remarkable growth, surging by 101.7 percent compared to the same period last year.
Summary of the Q1 results:
- Net Sales: ₹687 Crores, up by 15.1 percent.
- EBITDA margin: 17.1 percent (₹117.4 Crore) versus 10 percent (₹60 Crores), up by 96.3 percent.
- Net Profit: ₹96.3 Crores from ₹47.7 Crores, up by 101.7 percent.
According to their Managing Director, MR Jyothy, the company’s focus is on providing the best consumer experience through their brands in daily life. It is committed to sustainability initiatives, which have been prioritized to drive long-term growth and profitability.
The stock was locked in the upper circuit as it gained 19.98% and closed at Rs. 290.90 on NSE on Tuesday.