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Net sales drive Jyothi Laborateries Q1 growth, net profits up 78.2% at Rs. 45.9 cr

13-August-2016
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Net sales drive Jyothi Laborateries Q1 growth, net profits up 78.2% at Rs. 45.9 cr

Jyothy Laboratories Ltd (JLL), Indian FMCG Company, has reported a Net Sales of Rs. 439.9 crore for the quarter ended June 30th, 2016 up 8.9% as against Rs. 403.9 crore for the corresponding quarter last year. During the same period, the Net Profit stood at Rs. 45.9 crore, as against Rs. 25.8 crore; up 78.2%.

The Operating EBIDTA margin for the quarter was recorded at 18.4% as against 17.1% reported in Q1FY16. The company reported EPS of Rs. 2.53 as against Rs. 1.42 in the corresponding quarter of last year.

Segmental Performance:

·         Fabric Care: Includes Fabric Whitener, Fabric Enhancer, Bar Soap, Detergent Powder

Revenues for the quarter ended June 30th 2016 stood at Rs. 204.5 crore, up 10.7% compared to Rs. 184.7 crore in Q1FY16. Segment Results for the same period stood at Rs. 47.3 crore over Rs. 35.9 crore reporting a rise of 31.6%.

·         Dishwashing: Includes Dish Wash Scrubber and Scrubber Steel, Dish Wash Bar, Liquid and Powder

Revenues for the quarter ended June 30th 2016 stood at Rs. 128.1 crore up 9.9% as against Rs. 116.6 crore. Segment Results for the same period were recorded at Rs. 21.6 crore, as against Rs. 14.7 crore in Q1FY16 posting a growth of 46.9%.

·         Household Insecticides: Includes Mosquito Repellent Coil, Liquid and Card

Revenues for the quarter ended June 30th 2016 stood at Rs. 34.0 crore as against Rs. 38.3 crore. Segment Results for the same period were recorded at Rs. (0.9) crore, as against Rs. (2.6) crore in Q1FY16.

·         Personal Care: Includes Body Soap, Face Wash, Toothpaste, Deo Classic, Talcum Powder, After Shave, Moisturiser

Revenues for the quarter ended June 30th 2016 stood at Rs. 55.2 crore up 14.1% as against Rs. 48.4 crore. Segment Results for the same period were recorded at Rs. 10.8 crore, as against Rs. 10.9 crore in Q1FY16.·      

Commenting on the performance, M P Ramachandran – Chairman & Managing Director, Jyothy Laboratories Ltd said, “FY17 began on a good note. Though majority of our business segments grew ahead of industry the household insecticide business was impacted due to extended summer. Good monsoon across most of the country will see a revival of demand in consumer good.

“With our continued efforts of differentiated positioning, we are confident of capturing greater consumer mindshare which will help us grow ahead of the market.” He further added

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