Jyothy Labs Limited reported a consolidated net profit of Rs 87.4 crore for the quarter ended December 31, 2024 (Q3 FY25), marking a 4% year-on-year (YoY) decline compared to Rs 90.9 crore in the same period last year. The drop in profit reflects margin pressures from input costs despite healthy volume growth.
Key financial highlights for Q3 FY25 (Consolidated):
- Net sales: Rs 704 crore, up 4% YoY from Rs 677 crore in Q3 FY24.
- Volume growth: 8% YoY, reflecting strong demand across key product categories.
- EBITDA margin: 16.4%, down from 17.5% in Q3 FY24, due to higher costs.
- Profit after tax: Rs 87.4 crore, compared to Rs 90.9 crore YoY.
Segment-wise performance:
- Fabric Care: Net revenue increased by 9.3% YoY, driven by the expansion of liquid detergents under Mr. White and Morelight brands.
- Dishwashing: Achieved a 3.6% YoY revenue growth due to sustained brand promotions and marketing efforts.
- Personal Care: Revenue decreased by 3.7% YoY, despite the introduction of new products like Jovia beauty soap.
- Household Insecticides: Revenue declined by 24.8% YoY due to seasonal headwinds affecting mosquito repellent demand.
Outlook and strategic focus:
Ms. M. R. Jyothy, Chairperson and Managing Director, highlighted that the company’s 7.2% volume growth over the nine-month period reflects its resilience. The company remains focused on brand visibility, rural expansion, and strategic innovations across its product categories. Upcoming initiatives in mass-market products and strengthened distribution networks are expected to sustain growth momentum.