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Buy Jyothy Labs Ltd For Target Rs.245 - Geojit Financial Services Ltd Margin improves on declining input cost Jyothy Labs Ltd (JLL) is an Indian FMCG player with products across fabric care, dishwashing, mosquito repellents & personal care. • We upgrade our rating to Buy with a target price of Rs. 245, considering healthy topline growth & expanding margins. • For Q4FY23, revenue grew by 13%YoY (consistent double-digit growth in last 10 quarters), primarily driven by price growth (~9.5%YoY), while volume growth was ~3%YoY (3% in FY23)....
Buy Jyothy Labs Ltd For Target Rs.245 - Geojit Financial Services Ltd
Buy Jyothy Labs Ltd For Target Rs.245 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
11/05/2023 3:06:33 PM
Neutral Jyothy Labs Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd Gross margin surprise positively; focus on increasing distribution reach * Jyothy Laboratories’ (JYL’s) topline growth in 4QFY23 was lower than our estimate, due to a weak volume growth of around ~3.3%. For FY23, volume growth stood at ~3%. Currently, the company’s direct reach stands at 1.1m and the management has underscored its emphasis on broadening reach to drive volume growth * Gross margins surprised positively by improving 420bp YoY and exceeded our expectation...
Neutral Jyothy Labs Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd
Neutral Jyothy Labs Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
4/05/2023 3:50:56 PM
Jyothy Labs Ltd Q4 FY23 Results CONSOLIDATED RESULTS FOR THE QUARTER ENDEDMARCH 31, 2023 CONSISTENT GROWTH WITH FOCUS ON EXECUTION TO BUILD SCALE Mumbai: Jyothy Labs Limited, one of the leading Indian FMCG companies announced today its financial results for the quarter ended March 31, 2023. The Company delivered sales of Rs 617crores, increase of 12.8% growth against the same period last year.  We have focused on top line growth and the Company continues to deliver healthy performance across all categories and...
Jyothy Labs Ltd Q4 FY23 Results
Jyothy Labs Ltd Q4 FY23 Results
Source: PR Agency
3/05/2023 3:27:27 PM
Accumulate Jyothy Labs Limited for target Rs. 247 - Geojit Financial Services Margins are improving on declining input costs Jyothy Labs Ltd (JLL) is an Indian FMCG player with products across fabric care, dishwashing, mosquito repellents & personal care. • We maintain our Accumulate rating with a revised target price of Rs. 247 (from Rs.224), factoring in healthy topline growth & improving margins. • Revenue grew by 14%YoY, largely aided by price growth (~11%YoY), while volume growth was ~2%YoY. • Fabric care continued its strong gro...
Accumulate Jyothy Labs Limited for target Rs. 247 - Geojit Financial Services
Accumulate Jyothy Labs Limited for target Rs. 247 - Geojit Financial Services
Source: Geojit Financial Services Ltd
8/02/2023 5:33:01 PM
Buy Jyothy Labs Ltd For Target Rs.220 - ICICI Securities Volume-led market share gains in most of categories. Reiterate BUY In India, a ‘growth market’, investors tend to (rightly) ignore short-term profit sacrifice, provided the trajectory of volume outperformance / market share gains is clear (as it’s DCF-accretive). Jyothy Labs has gained market shares across most of its categories over last few years (See charts 1-6). We like the management’s strategy of prioritising market share gains / volume growth over short-term ...
Buy Jyothy Labs Ltd For Target Rs.220 - ICICI Securities
Buy Jyothy Labs Ltd For Target Rs.220 - ICICI Securities
Source: ICICI Securities Ltd
26/09/2022 2:17:59 PM
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal Financial Services Material cost pressures continue; gaining market share * Jyothy Laboratories (JYL)’s 1QFY23 revenue was in line with our estimate. Elevated commodity costs kept gross margin under pressure. The adverse impact was reflected in EBITDA margin, which stood at 10.2% (est. 12.5%). * Revenue CAGR has been tepid at 5.5% over the preceding five years ended FY22. Revenue growth is the key for a company with sales of only ~INR22b. The likelihood of a consistent 15% sales growth (essential fo...
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal Financial Services
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
7/09/2022 2:33:20 PM
Jyothy Labs trades higher on the BSE Jyothy Labs is currently trading at Rs. 168.70, up by 1.40 points or 0.84% from its previous closing of Rs. 167.30 on the BSE. The scrip opened at Rs. 167.50 and has touched a high and low of Rs. 169.95 and Rs. 166.50 respectively. So far 17377 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 182.80 on 08-Sep-2021 and a 52 week low of Rs. 130.00 on 25-Feb-2022. Last one week high and low of the scrip stood at Rs....
Jyothy Labs trades higher on the BSE
Jyothy Labs trades higher on the BSE
Source: Accord Fintech
26/07/2022 2:56:59 PM
Neutral Jyothy Labs Ltd For Target Rs.181 - Yes Securities Dish wash and fabric wash were positive while margins to improve from H2FY23, Downgrade to Neutral due to limited upside Our view JYL delivered volume growth of 5% (21.8% ex. HHI) on a base of 16.6% driven by strong performance from Dish wash and Fabric wash. Dish wash posted strong performance aided by consistent double?digit growth in LUPs and premiumization through larger tub packs leading to steady share for Exo in a difficult environment. Ujala Supreme also maintained market share ...
Neutral Jyothy Labs Ltd For Target Rs.181 - Yes Securities
Neutral Jyothy Labs Ltd For Target Rs.181 - Yes Securities
Source: Yes Securities Ltd
26/07/2022 12:46:13 PM
Jyothy Labs surges on reporting 19% rise in Q1 consolidated net profit Jyothy Labs is currently trading at Rs. 168.95, up by 4.70 points or 2.86% from its previous closing of Rs. 164.25 on the BSE. The scrip opened at Rs. 164.20 and has touched a high and low of Rs. 174.75 and Rs. 164.05 respectively. So far 52878 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 182.80 on 08-Sep-2021 and a 52 week low of Rs. 130.00 on 25-Feb-2022. Last one week high and low of the scrip stood at Rs....
Jyothy Labs surges on reporting 19% rise in Q1 consolidated net profit
Jyothy Labs surges on reporting 19% rise in Q1 consolidated net profit
Source: Accord Fintech
25/07/2022 2:24:48 PM
Jyothy Labs zooms as Nalanda India Equity Fund buys additional stake Jyothy Labs is currently trading at Rs. 152.95, up by 5.80 points or 3.94% from its previous closing of Rs. 147.15 on the BSE. The scrip opened at Rs. 149.95 and has touched a high and low of Rs. 154.00 and Rs. 147.70 respectively. So far 28508 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 187.20 on 06-Jul-2021 and a 52 week low of Rs. 130.00 on 25-Feb-2022. Last one week high and low of the scrip stood at Rs....
Jyothy Labs zooms as Nalanda India Equity Fund buys additional stake
Jyothy Labs zooms as Nalanda India Equity Fund buys additional stake
Source: Accord Fintech
17/06/2022 1:43:02 PM
Jyothy Labs surges as Nalanda India Equity Fund buys 62 lakh shares Jyothy Labs is currently trading at Rs. 153.15, up by 2.40 points or 1.59% from its previous closing of Rs. 150.75 on the BSE. The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 154.00 and Rs. 149.00 respectively. So far 77226 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 187.20 on 06-Jul-2021 and a 52 week low of Rs. 130.00 on 25-Feb-2022. Last one week high and low of the scrip stood at Rs....
Jyothy Labs surges as Nalanda India Equity Fund buys 62 lakh shares
Jyothy Labs surges as Nalanda India Equity Fund buys 62 lakh shares
Source: Accord Fintech
25/05/2022 1:43:51 PM
Buy Jyothy Labs Ltd For Target Rs.181 - Yes Securities All efforts on maintaining growth momentum despite margin pressures; maintain BUY on inexpensive valuations Our view JYL delivered lower than expected volume growth of 3.6% on a base of 24% owing to subdued performance from HI and Personal care. Dish wash posted strong performance aided by consistent double‐digit growth in LUPs and premiumization through larger tub packs leading to share gains for Exo. Ujala Supreme and Ujala IDD also gained market share in FY22 led by increased focus o...
Buy Jyothy Labs Ltd For Target Rs.181 - Yes Securities
Buy Jyothy Labs Ltd For Target Rs.181 - Yes Securities
Source: Yes Securities Ltd
25/05/2022 11:10:40 AM
Small Cap : Accumulate Jyothy Labs Ltd For Target Rs.165 - Geojit Financial Healthy volumes, margin pressure in the near-term Jyothy Laboratories Ltd (JLL) is an Indian FMCG player with products across Fabric care, Dishwashing, Mosquito repellents & Personal Care. * We revised down our target to Rs165 (from Rs.190) due to short-term pressure on margins but maintain Accumulate rating given healthy topline growth, and recent correction in stock price. * Q3FY22 revenue grew by 13%YoY (2Yr cagr of 13% from pre-covid period), aided by volume growth (+7% YoY) ...
Small Cap : Accumulate Jyothy Labs Ltd For Target Rs.165 - Geojit Financial
Small Cap : Accumulate Jyothy Labs Ltd For Target Rs.165 - Geojit Financial
Source: Geojit Financial Services Ltd
28/01/2022 3:16:32 PM
Hold Jyothy Laboratories Ltd For Target Rs.150 - ICICI Direct Price hike insufficient to curb margin decline… About the stock: Jyothy labs (JLL) is an FMCG company with a presence in fabric whiteners, detergents, dishwashing products, household insecticides (HI) & personal care products. The company has a leading brand Ujala in fabric whitener with 84.5% market share. It has a sizable dish washing & HI business with mid-teens market share. Large part of the revenue is generated from Kerala & Tamil Nadu. * The company has 23 manu...
Hold Jyothy Laboratories Ltd For Target Rs.150 - ICICI Direct
Hold Jyothy Laboratories Ltd For Target Rs.150 - ICICI Direct
Source: ICICI Direct
27/01/2022 9:28:31 AM
Buy Jyothy Labs Ltd For Target Rs.180 - ICICI Securities Decent execution but (serious) gross margin woes JYL continues to execute well – (1) 7% YoY volume growth (5.1% on 3-year CAGR basis), (2) focus on laying (medium-term) building blocks including expansion of rural distribution. While in the near-term, concerns on margins (gross margin contracted 710bps YoY) mask improving fundamentals, medium-to-long term, in our view, is all about revenue outperformance vs peers. With a better performance, we expect the narrative to also improve ...
Buy Jyothy Labs Ltd For Target Rs.180 - ICICI Securities
Buy Jyothy Labs Ltd For Target Rs.180 - ICICI Securities
Source: ICICI Securities Ltd
25/01/2022 10:13:36 AM
Buy Jyothy Labs Ltd For Target Rs.193 - Yes Securities Growth outlook remains strong but margins to remain under pressure, maintain BUY on undemanding valuations Our view JYL delivered industry leading 7% volume growth driven by strong growth in Dish wash and Household Insecticides segments led by increased mobility and aggressive distribution and marketing initiatives leading to share gains for Maxo LVs, Pril and Exo. While a 2‐yr CAGR growth of 13% for the second consecutive quarter is commendable, a sharp 700bps dip in margins despite a ...
Buy Jyothy Labs Ltd For Target Rs.193 - Yes Securities
Buy Jyothy Labs Ltd For Target Rs.193 - Yes Securities
Source: Yes Securities Ltd
24/01/2022 12:28:26 PM
Buy Jyothy Labs Ltd For Target Rs.200 - ICICI Securities Growth improves, narrative to follow JYL’s robust top-line momentum – double-digit 2-year CAGR (11%) – is clearly under-appreciated by the street. While in the near-term, concerns on margins (gross margin contracted 750bps YoY) mask improving fundamentals, medium-tolong term, in our view, is all about revenue outperformance vs peers (proof can be seen in market share gains in almost every category). What can improve the narrative going forward – (1) sustaining to...
Buy Jyothy Labs Ltd For Target Rs.200 - ICICI Securities
Buy Jyothy Labs Ltd For Target Rs.200 - ICICI Securities
Source: ICICI Securities Ltd
14/12/2021 10:45:50 AM
Buy Jyothy Labs Ltd For Target Rs.200 - Yes Securities Continued momentum on growth and share gains, margins a dampener; but retain BUY on reasonable valuations Our view Key positives were strong revenue growth in Fabric care and Dish wash segment driven by increased mobility and aggressive distribution and marketing initiatives leading to share gains for Ujala and Exo. While a 2‐yr CAGR growth of 11% for the second consecutive quarter is commendable, a sharp 600bps dip in margins despite a 5% price hike and 2% efficiency benefits remains a...
Buy Jyothy Labs Ltd For Target Rs.200 - Yes Securities
Buy Jyothy Labs Ltd For Target Rs.200 - Yes Securities
Source: Yes Securities Ltd
10/11/2021 11:02:46 AM
Buy Jyothy Laboratories Ltd For Target Rs.200 - ICICI Securities Revenue growth (significantly) > peers JYL’s (new) strategy can be interpreted in two ways. Short-term view can focus on gross margin decline (et al.). Medium-to-long term, in our view, is all about revenue outperformance vs peers (proof can be seen in market share gains in almost every category). In 1QFY22, it reported a robust revenue growth of 21% (2- year CAGR of +11.5%) which was broad-based. Gross margin pressure was significant (-290bps), we reckon, this is it! (this is the...
Buy Jyothy Laboratories Ltd For Target Rs.200 - ICICI Securities
Buy Jyothy Laboratories Ltd For Target Rs.200 - ICICI Securities
Source: ICICI Securities
6/09/2021 10:59:14 AM
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal Weak results trend persists; material costs to weigh on margins * Jyothy Laboratories (JYL)’s 1QFY22 sales came in above expectations, despite a higher COVID impact in the company’s largest market, i.e., Kerala. Nevertheless, gross and EBITDA margins were significantly lower than expectations due to a higher material cost impact and higher-thananticipated ad spends. Material cost inflation is unlikely to see any considerable respite, affecting performance in subsequent quarters...
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/09/2021 12:29:19 PM
Hold Jyothy Laboratories Ltd For Target Rs.180 - ICICI Direct Commodity inflation to keep margins under pressure About the stock: Jyothy Labs (JLL) is an FMCG company with a presence in fabric whiteners, detergents, dishwashing products, household insecticides (HI) & personal care category. The company has leading brand Ujala in fabric whitener with 82.6% market share. It has a sizable dish washing & HI business with mid-teens market share. Large part of the revenue is generated from Kerala and Tamil Nadu. * The company has 23 manufacturin...
Hold Jyothy Laboratories Ltd For Target Rs.180 - ICICI Direct
Hold Jyothy Laboratories Ltd For Target Rs.180 - ICICI Direct
Source: ICICI Direct
30/08/2021 10:49:44 AM
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal Weak results trend persists; material costs to weigh on margins * Jyothy Laboratories (JYL)’s 1QFY22 sales came in above expectations, despite a higher COVID impact in the company’s largest market, i.e., Kerala. Nevertheless, gross and EBITDA margins were significantly lower than expectations due to a higher material cost impact and higher-thananticipated ad spends. Material cost inflation is unlikely to see any considerable respite, affecting performance in subsequent quarters...
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal
Neutral Jyothy Laboratories Ltd For Target Rs.168 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/08/2021 9:59:04 AM
Small Cap : Accumulate Jyothy Laboratories Ltd For Target Rs. 190 - Geojit Financial Healthy volumes amidst challenges Jyothy Laboratories Ltd (JLL) is an Indian FMCG player with products across Fabric care, Dishwashing, Mosquito repellents & Personal Care. * We maintain Accumulate rating on JLL with a revised target of Rs190, given healthy performance and improving demand outlook. * For Q1FY22, revenue grew by 21%YoY (6%QoQ), aided by volume growth of ~16%YoY and price hike of ~5%. * Growth was across all segments, Dishwash (22%YoY), Household Insecticides (1...
Small Cap : Accumulate Jyothy Laboratories Ltd For Target Rs. 190 - Geojit Financial
Small Cap : Accumulate Jyothy Laboratories Ltd For Target Rs. 190 - Geojit Financial
Source: Geojit Financial Services Ltd
7/08/2021 9:21:25 AM
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities Key News Jyothy Labs Q1 profit down 20% at Rs 40.20 crore on high input cost Homegrown FMCG firm Jyothy Labs on Thursday reported 19.61 per cent decline in consolidated net profit at Rs 40.20 crore for June quarter 2021- 22 on account of increase in input cost. It had posted a net profit of Rs 50.01 crore in April-June period of the last fiscal year, Jyothy Labs said in a regulatory filing. However, revenue from operations was up 23.94 per cent to Rs 525.40 crore during the period under...
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities
Key News - Jyothy Laboratories Ltd, Reliance Jio, Container Corporation of India Ltd, Union Bank of India Ltd, Indus Towers Ltd, Oberoi Realty Ltd by ARETE Securities
Source: ARETE Securities Ltd
30/07/2021 8:46:41 AM
MTF Stock Pick Buy Jyothy Laboratories Ltd For Target Rs. 200 - HDFC Securities MTF Stock Pick Buy Jyothy Laboratories Ltd For Target Rs. 200 - HDFC Securities  TECHNICAL OBSERVATIONS The attached Daily timeframe chart of Jyoth Labs, which has fell for few sessions after a rise and consolidated and in today’s session it has given a breakout with higher volumes. The stock has also breached above downward sloping trend line We observe a formation of bullish pattern on daily and weekly time frame. The stock is trading above...
MTF Stock Pick Buy Jyothy Laboratories Ltd For Target Rs. 200 - HDFC Securities
MTF Stock Pick Buy Jyothy Laboratories Ltd For Target Rs. 200 - HDFC Securities
Source: HDFC Securities Ltd
27/07/2021 11:30:14 AM
Hold Jyothy Laboratories Ltd For Target Rs.160 - ICICI Direct Trade pipeline rationalisation dents volume growth Jyothy Labs reported 27.2% revenue growth in Q4FY21 led by strong growth in dishwashing, household insecticides & personal care segment. However, the number is still disappointing considering the base quarter saw 24% topline de-growth. The company rationalised trade inventory pipeline by 10 days, impacting sales by 8-10%. Dish washing segment saw 33.2% sales growth led by continued trend of higher home cooking & increased usage of ...
Hold Jyothy Laboratories Ltd For Target Rs.160 - ICICI Direct
Hold Jyothy Laboratories Ltd For Target Rs.160 - ICICI Direct
Source: ICICI Direct
10/06/2021 10:24:40 AM
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal Weak 4QFY21 result, rising material costs could affect margin * JYL delivered a miss on all fronts in its 4QFY21 result. Even if one adjusts for the sales impact of ~8% YoY on account of CRS implementation (shared during the conference call), average growth in the last two-years remains weak (in mid-single digits). * While there has been improvement in net WC days and the company is now net debt free, topline growth is key for a company with sales of only INR19b. The likelihood of 15% s...
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal
Neutral Jyothy Laboratories Ltd For Target Rs.160 - Motilal Oswal
Source: Motilal Oswal Financial Service
9/06/2021 12:10:02 PM
Buy Jyothy Laboratories Ltd For Target Rs.190 - ICICI Securities Facing the challenges well Channel inventory rationalization exacerbated the weakness in some of JYL’s existing categories leading to 2-year CAGR revenue decline of 2% in 4Q (adj. growth up ~3% as it implemented continuous replenishment system which had an ~8% impact on primary sales in 4Q). High margin post-wash business was impacted for most of the year; ex-post-wash FY21 revenue growth was ~6% higher (18%). Focus on rural expansion (adding sub-stockists, driving LUPs), rational...
Buy Jyothy Laboratories Ltd For Target Rs.190 - ICICI Securities
Buy Jyothy Laboratories Ltd For Target Rs.190 - ICICI Securities
Source: ICICI Securities Ltd
9/06/2021 10:22:50 AM
MTF Stock Pick  Buy Jyothy Labs Ltd For Target Rs. 167 - HDFC Securities MTF Stock Pick  Buy Jyothy Labs Ltd For Target Rs. 167 - HDFC Securities  TECHNICAL OBSERVATIONS After showing consolidation in the last few weeks, the stock price (Jyothy Lab) has witnessed a sustainable upside bounce in this week and is trading at the highs. The stock price is currently forming a triangle type pattern and is advancing towards the upper end of a triangle at Rs 160 levels. As per this pattern, one may expect a decisive upside bre...
MTF Stock Pick  Buy Jyothy Labs Ltd For Target Rs. 167 - HDFC Securities
MTF Stock Pick  Buy Jyothy Labs Ltd For Target Rs. 167 - HDFC Securities
Source: HDFC Securities Ltd
26/05/2021 11:59:06 AM
Update On Jyothy Laboratories By Yes Securities Strong share gains and WC improvement, but category headwinds for fabric care still impacting growth and margins View  ‐ The stock is currently trading around 22x FY23E earnings, which is much cheaper than peers, but we don’t see any immediate triggers for the stock to re‐rate. While balance sheet has improved significantly in FY21, we believe a movement towards double‐digit growth would be the key trigger for the stock. And for that to happen, we need to see a strong recover...
Update On Jyothy Laboratories By Yes Securities
Update On Jyothy Laboratories By Yes Securities
Source: Yes Securities Ltd
19/05/2021 9:41:24 AM
Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking Below are Views On Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd During the 4QFY21, Jyothy Labs Ltd (JLL) reported revenue of ~Rs4,95cr (up ~26% YoY) on back of healthy growth in FMCG. On the EBITDA front, the company has reported EBITDA margin at 14.3%, which is up by 300bps yoy due to lower operating costs.  On the bottom-line front, PAT grew by ~3% to Rs27.3cr. Overall 4Q results were in line with expectation on the to...
Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking
Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking
Source: Angel Broking Ltd
19/05/2021 8:54:10 AM
Update On Jyothy Laboratories Ltd By Yes Securities 3Q investor call takeaways Valuations attractive, signs of growth coming back across categories led by increasing investments and innovation * Our view – While valuations remain quite attractive for smaller FMCG players like Jyothy Labs, secular growth across segments has been a challenge. With the company getting aggressive on new launches and A&P in recent times and margins also moving up gradually, revenue and earnings growth rates can pick up vs historical levels, thereb...
Update On Jyothy Laboratories Ltd By Yes Securities
Update On Jyothy Laboratories Ltd By Yes Securities
Source: Yes Securities Ltd
28/01/2021 12:11:20 PM
Jyothy Labs Q3 net profit up 22.76% at Rs 52.22 cr The company reported standalone net profit of Rs 52.22 crore for the quarter ended December 31, 2020 as compared to Rs 42.54 crore in the same period last year, registering a year-on-year growth of 22.76 per cent. Net revenue of the company rose moderately by 15.26 per cent at Rs 469.41 crore in October-December quarter of this fiscal as against Rs 407.25 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 13.86 per cent to Rs 389.61 c...
Jyothy Labs Q3 net profit up 22.76% at Rs 52.22 cr
Jyothy Labs Q3 net profit up 22.76% at Rs 52.22 cr
Source: Dion Global Solutions Ltd
27/01/2021 12:41:19 PM