Jyothy Labs Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 02:25 am EST
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Jyothy Labs Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 7,323.4 million compared to INR 6,592 million a year ago. Revenue was INR 7,455.7 million compared to INR 6,645.4 million a year ago. Net income was INR 1,041.5 million compared to INR 646.4 million a year ago. Basic earnings per share from continuing operations was INR 2.84 compared to INR 1.76 a year ago. Diluted earnings per share from continuing operations was INR 2.84 compared to INR 1.76 a year ago.
For the six months, sales was INR 14,194.4 million compared to INR 12,564 million a year ago. Revenue was INR 14,496.1 million compared to INR 12,749.7 million a year ago. Net income was INR 2,004 million compared to INR 1,130.9 million a year ago. Basic earnings per share from continuing operations was INR 5.46 compared to INR 3.08 a year ago. Diluted earnings per share from continuing operations was INR 5.46 compared to INR 3.08 a year ago.
Jyothy Labs Limited is a fast-moving consumer goods (FMCG) company. The Company is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care, and household insecticide products, and also provides laundry and dry-cleaning services. The Company's segments include Fabric Care, Dishwashing, Household Insecticides, Personal Care, and Others. The Fabric Care segment includes fabric whitener, fabric enhancer, detergent powder, detergent liquid and bar soap. The Dishwashing segment includes dish wash bar, gel, liquid, dish wash scrubber, dishwash steel scrubber and dishwash powder. The Household Insecticides segment includes mosquito repellent coils, liquids, and insect repellent sticks. The Personal Care segment includes body soap, Insecticides toothpaste, deodorants, talcum powder, after shave and hand wash. The Others segment includes laundry services, incense sticks, toilet cleaner and floor cleaner. Jyothy Kallol Bangladesh Limited is its subsidiary.