New Delhi: Homegrown FMCG firm Jyothy Laboratories Ltd today reported a 63.11 per cent increase in its standalone net profit to Rs.27.37 crore for the third quarter ended December 31, 2013.
The company had posted a standalone net profit of Rs. 16.78 crore during the same period of the previous fiscal, Jyothy Laboratories Ltd (JLL) said in a statement.
Net sales of the company stood at Rs. 296.98 crore for the quarter as compared with Rs. 234.20 crore in the year-ago period.
Commenting on the results, Jyothy Laboratories CMD M P Ramachandran said: "Increase of geographical footprints of our seven power brands has helped us grow at fast pace. We have strategically concentrated on investing in our brands through advertising campaigns and brand extension which is paying off well."
He further said Jyothy Laboratories would continue to expand its product portfolio.
Jyothy Laboratories markets various brands, including Ujala, Maxo, Exo, pril, Margo, Fa, Mr White and Henko.
Shares of Jyothy Laboratories were trading at Rs. 197.45 per scrip on the BSE, up 1.10 per cent from the previous close.
The company had posted a standalone net profit of Rs. 16.78 crore during the same period of the previous fiscal, Jyothy Laboratories Ltd (JLL) said in a statement.
Net sales of the company stood at Rs. 296.98 crore for the quarter as compared with Rs. 234.20 crore in the year-ago period.
Commenting on the results, Jyothy Laboratories CMD M P Ramachandran said: "Increase of geographical footprints of our seven power brands has helped us grow at fast pace. We have strategically concentrated on investing in our brands through advertising campaigns and brand extension which is paying off well."
He further said Jyothy Laboratories would continue to expand its product portfolio.
Jyothy Laboratories markets various brands, including Ujala, Maxo, Exo, pril, Margo, Fa, Mr White and Henko.
Shares of Jyothy Laboratories were trading at Rs. 197.45 per scrip on the BSE, up 1.10 per cent from the previous close.
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