BackJyothy Lab Q1 net up 5% at ₹45 crore
The company had posted a net profit of `42.47 crore for the corresponding period of the previous fiscal
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New Delhi: FMCG firm Jyothy Laboratories Ltd on Thursday reported a 4.96% rise in its consolidated net profit at ₹ 44.58 crore for the quarter ended 30 June.
The company had posted a net profit of ₹ 42.47 crore for the corresponding period of the previous fiscal, Jyothy Laboratories said in a BSE filing. Consolidated total income of the company also rose to ₹ 414.34 crore for the quarter under consideration as against ₹ 385.48 crore for the year ago period.
Jyothy laboratories Chairman and Managing Director M P Ramachandran said, “Jyothy has delivered reasonable growth. Softening of commodity prices helped us improving operating margins by 4%."
Shares of Jyothy Laboratories trading at ₹ 307.25 per scrip in the morning trade on BSE, down 0.94%.
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