Mumbai, January 31, 2025 – Jyothy Labs Limited (NSE: JYOTHYLAB, BSE: 532926) announced its unaudited financial results for the quarter and nine months ended December 31, 2024, showcasing a solid performance with steady revenue growth and profitability.
Key Financial Highlights (Standalone & Consolidated)
(All figures in ₹ Lakh)| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 70,371 | 73,307 | 67,679 | 2,17,796 | 2,09,478 | 2,75,403 |
| Total Income | 71,753 | 74,561 | 68,736 | 2,21,801 | 2,13,550 | 2,80,770 |
| EBITDA (Est.) | 12,959 | 14,948 | 12,918 | 42,349 | 40,921 | 52,887 |
| Profit Before Tax (PBT) | 11,383 | 13,559 | 11,517 | 38,192 | 37,165 | 47,892 |
| Net Profit (PAT) | 8,741 | 10,493 | 9,090 | 29,417 | 29,169 | 36,989 |
| Earnings Per Share (₹) | 2.38 | 2.86 | 2.48 | 8.01 | 7.94 | 10.07 |
- Revenue from operations for Q3 FY25 stood at ₹70,371 lakh, reflecting a 4.0% YoY growth.
- Profit Before Tax (PBT) reached ₹11,383 lakh, registering a 7.5% YoY increase.
- Net Profit (PAT) came in at ₹8,741 lakh, slightly lower than the previous quarter but up -3.8% YoY.
Segment-Wise Performance
(All figures in ₹ Lakh)| Segment | Q3 FY25 Revenue | Q3 FY24 Revenue | YoY Growth (%) |
|---|---|---|---|
| Fabric Care | 32,213 | 29,478 | 9.3% |
| Dishwashing | 24,459 | 23,605 | 3.6% |
| Household Insecticides | 3,442 | 4,574 | -24.7% |
| Personal Care | 6,967 | 7,229 | -3.6% |
| Others | 3,364 | 2,864 | 17.4% |
- Fabric Care, the company's largest segment, saw a 9.3% YoY growth to ₹32,213 lakh.
- Dishwashing segment revenue increased by 3.6% YoY, reflecting sustained market demand.
- Household Insecticides continued to underperform, declining by 24.7% YoY, signaling market challenges.
- Personal Care dipped 3.6% YoY, impacted by sluggish consumer demand.
- The "Others" segment, which includes laundry services and home cleaning products, grew 17.4% YoY, showcasing strong demand in niche categories.
Management Commentary
M.R. Jyothy, Chairperson & Managing Director, commented:"We continue to drive sustainable growth, with our Fabric Care and Dishwashing segments leading the way. While challenges remain in Household Insecticides, we are committed to innovation and market expansion. Our focus on operational efficiencies and premiumization strategies will continue to enhance profitability."
Strategic Outlook & Growth Plans
- New Product Launches: Expanding premium offerings in Fabric Care & Personal Care.
- Market Expansion: Strengthening rural distribution and e-commerce presence.
- Cost Optimization: Focus on raw material procurement efficiency and supply chain optimization.
- Digital Transformation: Enhancing customer engagement via digital marketing.
Stock Impact: The company's steady earnings and segmental resilience could drive positive investor sentiment in the upcoming trading sessions.