JHS Svendgaard Q3 net jumps 138.88%, revenue up 89.45%

For the Quarter

• Net sales increased by 89.45% to Rs. 313.01 million
• PAT increased by 138.88% to Rs. 33.18 million
• EPS increased by 136.08% to Rs. 2.29

For the 9M ending

• Net sales increased by 168.43% to Rs. 965.41 million
• PAT increased by 263.93% to Rs. 104.74 million
• EPS increased by 234.56% to Rs. 7.26

India’s largest manufacturer of Toothbrushes with an installed capacity of 270 Million toothbrushes per annum, JHS Svendgaard Laboratories Ltd, today reported a robust increase in quarterly profit & remarkable increase in revenue numbers with an 89.45% rise in revenue and an enormous 138.88% jump in the net profit for the quarter ended December 31, 2010.

While the company saw its net profit touching Rs. 33.18 million for 3rd Quarter, the net sales increased by nearly 89.45 per cent to Rs 313.01 million in the reporting quarter.

The Managing Director, Mr. Nikhil Nanda, JHS Svendgaard Laboratories Ltd. commenting on the performance said, “We are extremely happy with the results. Yet again, we have come out with good numbers. There is a significant demand environment across our industry verticals which has helped us grow our revenue and profit base. We thank our shareholders for their continuous support and hope to receive the same in future as well.”

About JHS Svendgaard Laboratories Ltd
JHS Svendgaard Laboratories Ltd, the largest manufacturer of Toothbrushes with an installed capacity of 270 Million toothbrushes per annum is India’s only integrated facility providing solutions for outsourcing of Oral care products including toothbrushes, Toothpaste, Mouthwash. JHS has over the years emerged as a preferred supplier for its existing and potential new customers for the various advantages it offers to its customers.

JHS started its business in the year 1997 by manufacturing toothbrushes. Realizing the vast growth potential for the oral care market in India, coupled with a ready open market globally, JHS ventured in uprising  Dental care service sector through its subsidiary, JHS Svendgaard Dental care Limited, in October 2007, with the purpose to set up state-of-art dental clinics in brand name of “T 32 Dental Spa” across the country. The two initial centers of T 32 were inaugurated in South Delhi followed by a Rajouri Garden centre and the Noida center and the chain is expanding with more upcoming clinics in Delhi NCR in initial phases followed by its spread across the country.