Hot Pursuit     25-Jul-23
Jyothy Labs hits all time high after Q1 PAT soars 99% YoY
Jyothy Labs rallied 17.67% to Rs 285.05 after the company's consolidated net profit jumped 98.74% to Rs 96.29 crore in Q1 FY24 as compared with Rs 48.45 crore in Q1 FY23.
Revenue from operations increased 15.05% to Rs 687.10 crore in Q1 FY24 as compared with Rs 597.20 crore in corresponding quarter last year.

Profit before tax surged 113.84% to Rs 121.29 crore in Q1 FY24 as against Rs 56.72 crore in Q1 FY23.

Total expenses rose 5.24% YoY to Rs 582.75 crore in Q1 FY24. Advertisement & sales promotion expenses stood at Rs 50.41 crore (up 11.92% YoY), employee benefit expenses stood at Rs 75.89 crore ( up 18.71% YoY).

Operating EBITDA stood at Rs 117.4 crore in Q1 FY24, registering the growth of 96.3% as compared with Rs 59.8 crore recorded in same quarter last year.

Revenue from Fabric Care stood at Rs 296.58 crore in Q1 FY24 (up 18.1% YoY). Dishwashing sales stood at Rs 231.52 crore in Q1 FY24 (up 10.61% YoY). Household Insecticides was at Rs 49.35 crore in Q1 FY24 (up 10.08% YoY). Personal care sales stood at Rs 84.10 crore in Q1 FY24 (up 21.11% YoY).

Jyothy Labs is a multi brand FMCG company, involved in the manufacturing and marketing of products in fabric care, dishwash, mosquito repellent and personal care.

The scrip hit all time high at Rs 289.25 in intraday today.

Previous News
  Jyothy Labs consolidated net profit declines 11.52% in the December 2019 quarter
 ( Results - Announcements 05-Feb-20   15:04 )
  Volumes spurt at Jyothy Labs Ltd counter
 ( Hot Pursuit - 29-Jul-19   14:30 )
  Jyothy Laboratories consolidated net profit rises 778.58% in the March 2017 quarter
 ( Results - Announcements 18-May-17   16:06 )
  Jyothy Labs rises after good Q1 outcome
 ( Hot Pursuit - 23-Jul-19   12:41 )
  Board of Jyothy Labs recommends Final Dividend
 ( Corporate News - 15-May-24   16:17 )
  Jyothy Labs opens new detergent manufacturing unit in Pithampur
 ( Corporate News - 22-Apr-23   14:43 )
  Volumes spurt at Jyothy Labs Ltd counter
 ( Hot Pursuit - 23-Jul-19   14:30 )
  Jyothy Labs declines after Q3 PAT slides 12% YoY
 ( Hot Pursuit - 05-Feb-20   14:01 )
  Jyothy Laboratories fixes record date for interim dividend
 ( Market Beat - Reports 04-Mar-16   18:21 )
  Jyothy Laboratories net profit declines 18.74% in the September 2011 quarter
 ( Results - Announcements 09-Nov-11   17:33 )
  Jyothy Laboratories standalone net profit rises 561.07% in the March 2017 quarter
 ( Results - Announcements 18-May-17   16:06 )
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