Explore Business Standard
FMCG firm Jyothy Labs Ltd on Wednesday reported a decline of 16.36 per cent in its consolidated net profit to Rs 87.76 crore in the September quarter of FY26. It had posted a consolidated net profit of Rs 104.93 crore in the July-September quarter a year ago, according to a regulatory filing by Jyothy Labs, which owns brands such as Ujala, Pril, Margo and Exo. Jyothy Labs' revenue from operations was up marginally at Rs 736.06 crore in the September quarter of FY26. It was at Rs 733.07 crore in the corresponding quarter a year ago. This "reflects a 0.4 per cent year-on-year growth in value and 2.8 per cent growth in volume", said Jyothy Labs in its earnings statement. Its operating EBITDA margin stood at 16.1 per cent, helped by a disciplined cost management despite external headwinds. Total expenses of Jyothy Labs were at Rs 634.35 crore in the September quarter of FY26. "General trade continued to remain under pressure. Modern trade, including e-commerce and quick commerce, ...
The fast moving consumer goods (FMCG) sector is expected to see a 'significant growth' in FY24 with rural demand showing improvement and inflation beginning to moderate, said Jyothy Labs in its latest annual report. The urban demand continues to remain steady, the report said. Growth is "fuelled" by large packs as there is a distinct trend of consumers upgrading to medium and high-value packs for its various key FMCG categories, said Jyothy Labs, maker of branded products like Ujala, Henko, Margo, Exo and Pril. "In this pack size transition has been observed in beverages, personal care, and branded product categories. Now that input prices have exhibited a downward trend and end-consumers have sufficient purchasing power, FMCG businesses are likely to experience an increase in the volume of demand and consequently volume-led growth this year," it said. The urban demand is steady now and the rural market is "increasingly exhibiting signs of normalcy" helped by easing inflation and .
Nalanda India Equity Fund Ltd on Monday bought FMCG company Jyothy Laboratories' shares worth Rs 96 crore through an open market transaction. According to bulk deal data available with BSE, Nalanda India Equity Fund Ltd purchased 62,00,000 shares at an average price of Rs 154.98 apiece, taking the transaction size to Rs 96.08 crore. Meanwhile, Emblem FII sold 60,89,056 shares at an average price of Rs 155 per piece. The scrip of Jyothy Labs closed 4.40 per cent higher at Rs 151.75 on BSE. In a separate transaction, Authum Investment & Infrastructure Ltd offloaded 10 lakh shares of snack food company ADF Foods for Rs 70 crore via an open market transaction. According to bulk deal data available with BSE, Authum Investment & Infrastructure Ltd sold 10,00,000 shares of ADF Foods at an average price of Rs 700.07 per piece, aggregating to Rs 70 crore. Sixth Sense India Opportunities III picked up 9,20,000 shares at an average price of Rs 700.67 per scrip. The shares of ADF Foods ...