Jyothy Laboratories has reported a 59.34 per cent increase in consolidated net profit at Rs 32.92 crore for the quarter ended December 31. The FMCG firm had posted a net profit of Rs 20.66 crore during the same period previous fiscal, Jyothy Laboratories said in a regulatory filing today.
Revenue from operations during the quarter under review stood Rs 431.21 crore against Rs 398.26 crore in the year- ago period.
“Our overall performance during the quarter was in line with out expectations. We are confident of uptick in demand, both from urban and rural markets in the coming quarters,” Jyothy Labs Chairman and MD M P Ramachandran said.
Jyothy Laboratories stock ended the session down by 2.13 per cent at Rs 360.50 on the BSE.