Jyothy Labs Limited — Updates, 12-11-2024: Press Release

Jyothy Labs Limited reported consolidated sales of Rs. 734 crores for the quarter ending September 30, reflecting a marginal growth of 0.2% in revenue, aided by a 3% increase in volume despite challenging market conditions. The EBITDA margin improved to 18.9%, up 2.3% from the previous year, indicating stronger operational efficiency. For the half-year, total revenue was Rs. 1476 crores, with a volume growth of 7% and an EBITDA margin of 18.4%, rising by 7.6% year-on-year. The company's advertising and promotional expenditure for the quarter stood at 8.3%, demonstrating a commitment to brand visibility amidst softer consumer demand.

In terms of segment performance, the Fabric Care category exhibited stability, while the Dishwashing segment reported a 1.3% revenue increase. The Personal Care segment, however, saw a 4.5% decline, prompting focused initiatives to enhance brand appeal. The company's strategic objectives include strengthening rural distribution networks and innovating product offerings to maintain volume growth across both urban and rural markets. Positive outlook anticipated as brand trust and market share see upward trends.