Jyothy Lab Q1 profit up 72% to Rs 42.46 crore

Written by PTI | New Delhi | Updated: Aug 13 2014, 21:12pm hrs
Jyothy
Jyothy Laboratories today reported a 72 per cent increase in its net profit at Rs 42.46 crore for the first quarter ended June 30, 2014.

The company had posted a net profit of Rs 24.69 crore during the same period of the previous fiscal, Jyothy Laboratories Ltd (JLL) said in a filing to the BSE.

Net sales of the company rose 16 per cent to Rs 385.14 crore in the first quarter, compared with Rs 332.58 crore in the same period last year.

Commenting on the result, JLL CMD MP Ramachandran said: "Jyothy continues to deliver superior value and strong performance through various measures such as healthy innovation pipeline, aggressive brand investment and focus on improvement of margin."