Jyothy Labs Limited — Important, 11-04-2025: Closure of operations

Jyothy Labs Limited is set to cease its Laundry Service Operations at the Kankaria site in Ahmedabad, Gujarat, following the conclusion of its Build-Own-Operate-Transfer (BOOT) contract with Western Railway. The contract, originally awarded to Jyothy Fabricare Services Limited and later assimilated into Jyothy Labs, will officially end on April 30, 2025. This unit contributed a turnover of Rs. 15.16 crore, a minor fraction of the company's consolidated turnover of Rs. 2,756.93 crore. The closure reflects the end of a decade-long partnership with Western Railway, which, while a low contributor to overall revenue, may have implications for operations. Investors should monitor how this operational shift aligns with the company’s broader strategic outlook.