Jyothy Labs Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 31, 2024 at 02:25 am EST
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Jyothy Labs Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 6,775 million compared to INR 6,126.7 million a year ago. Revenue was INR 6,880.9 million compared to INR 6,279.3 million a year ago. Net income was INR 908.9 million compared to INR 673.9 million a year ago. Basic earnings per share from continuing operations was INR 2.48 compared to INR 1.84 a year ago. Diluted earnings per share from continuing operations was INR 2.48 compared to INR 1.84 a year ago.
For the nine months, sales was INR 20,969.4 million compared to INR 18,690.7 million a year ago. Revenue was INR 21,377 million compared to INR 19,029 million a year ago. Net income was INR 2,912.9 million compared to INR 1,804.8 million a year ago. Basic earnings per share from continuing operations was INR 7.93 compared to INR 4.91 a year ago. Diluted earnings per share from continuing operations was INR 7.93 compared to INR 4.91 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.