Jyothy Labs Ltd has reported a 5% drop in first-quarter net profit to ₹96.8 crore, with weaker margins taking the shine off modest revenue gains. The company’s revenue edged up 1.3% to ₹751.2 crore, helped by a 3.6% rise in sales volumes.
Earnings before interest, taxes, depreciation and amortisation fell 7% to ₹124 crore, while operating margins narrowed to 16.5% from 18% a year earlier. The company linked the pressure to rising input costs from geopolitical disruptions and tougher competition, which slowed value growth.
Growth leaned on stronger sales from modern trade, e-commerce and quick commerce channels, while urban general trade stayed soft. Fabric care revenue climbed 3.3%, powered by higher demand for liquid detergents and the launch of Ujala Young & Fresh, supported by a Keerthy Suresh campaign.
Dishwashing volumes improved, with Pril liquid seeing double-digit growth and Exo bars also on the rise. However, value growth in this segment was muted due to price competition and higher grammage offers.
Personal care revenue inched up 0.7%, with beauty soap Jovia gaining early traction and demand holding steady for Margo-Neem Natural. Household insecticides revenue fell 9.7% as coil sales weakened, though liquid vaporisers – now making up half the portfolio – held steady. New products in aerosols and racquets have shown early signs of promise.
Founded in 1983, Jyothy Labs has built a multi-brand portfolio across fabric care, dishwashing, personal care and household insecticides. Its well-known brands include Ujala, Henko, Mr White, Morelight, Pril, Exo, Margo, Jovia and Maxo.
Over the past month, the stock has slipped 6%, and it is down nearly 17% so far this year
