Q2FY15v/s Q2FY14 o Net Sales at Rs 367.67 crore v/s Rs 316.53 crore, up 16.2% o Net Profit at Rs 25.14 crore v/s Rs 13.24 crore, up 89.9% o Operating EBIDTA margin at 10.7% v/s 12.1% o EPS at Rs 1.39 v/s Rs 0.80
H1FY15 v/s H1FY14 o Net Sales at Rs 752.81 crore v/s Rs 649.11 crore, up 16.0% o Net Profit at Rs 67.60 crore v/s Rs 37.93 crore, up 78.2% o Operating EBIDTA margin at 12.1% v/s 13.3% o EPS at Rs 3.73 v/s Rs 2.28
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Mumbai, November 5th, 2014: Jyothy Laboratories Ltd (JLL), Indian FMCG Company, today reported a Net Sales of Rs 367.67 crore for the quarter ended September 30th, 2014 as against Rs 316.53 crore for the corresponding period last year; a rise of 16.2%. During the same period, the company reported a Net Profit of Rs 25.14 crore, as against Rs 13.24 crore; up by 89.9%.
The Operating EBIDTA margin for the quarter was at 10.7% as against 12.1% reported in Q2FY14. The company reported EPS of Rs 1.39 as against Rs 0.80 in the corresponding quarter last year.
For the six months period, JLL reported Net Sales of Rs 752.81 crore compared to Rs 649.11 crore in H1FY14; a rise of 16.0%. Net Profit for H1FY15 stood at Rs 67.60 crore compared to Rs 37.93 crore; up 78.2% compared to the corresponding period of FY14.
The EBIDTA margin for the six months period ended September 30th, 2014 was at 12.1% as against 13.3% reported in H1FY14. The company reported EPS of Rs 3.73 as against Rs 2.28 in H1FY14.
Segmental Performance (Q2FY15 v/s Q2FY14) (Consolidated)
- Revenues of Soaps and Detergent business, which includes brands like Ujala, Henko, Exo, Pril, Margo, Mr. White and Chek stood at Rs 274.53 crore in Q2 FY15 compared to Rs. 228.92 crore in Q2 FY14 up by 19.9%
- Home Care, which includes mosquito repellant Maxo, Incense sticks and Exo scrubber, witnessed revenues to the tune of Rs 79.70 crore in Q2 FY15 as against Rs 77.56 crore during the same period last year, up 2.8%.
Key brand initiatives
- Henko detergent in premium segment successfully gaining momentum
- Pril liquid has been added with a new variant Kraft gel
- Margo Face Wash launched on an all-India level
Commenting on the performance, Mr. M P Ramachandran – Chairman & Managing Director, Jyothy Laboratories Ltd said, “We have witnessed a strong traction across the new Henko launches. Our on-ground tie ups and better placement of the products is expected to capture the target markets. We foresee a further uptick in demand on account of word-of-mouth and an increased awareness of the product.”
“The company continues to invest in its power brands and is confident to gain consumer’s mindshare with differentiated positioning and value products”, Mr. Ramachandran added.
ABOUT JYOTHY LABORATORIES:
Jyothy Laboratories Ltd, a fast moving consumer goods Company was founded in 1983 by Mr. M P Ramachandran. Over the years the company has evolved from a single product proprietary firm into a multi brand, BSE & NSE listed company involved in the manufacturing and marketing of products in fabric care, mosquito repellant, surface cleaning, personal care and incense sticks.
The company boasts of 10 brands in its kitty including Ujala, Maxo, Exo, Henko, Pril, Margo, Neem, Fa, Mr. White and Chek that are well-known and established brands in their respective categories.
The Company is also engaged into service sector in organized laundry to provide “World class laundry at affordable price at your doorstep” through its subsidiary ‘Jyothy Fabricare Services Limited’.