Jyothy Labs Navigates Urban Slump with Modest Profit Gain

Jyothy Labs Ltd has reported a 2.4% dip in consolidated net profit for the March quarter of FY25, down to Rs 76.27 crore, according to its latest regulatory filing. This drop comes despite the company's revenue increase of 1% to Rs 666.96 crore for the same period.

The company, which owns popular brands such as Ujala and Pril, also noted that while rural demand showed some improvement, urban consumption remained weak, affecting overall performance. Nonetheless, Jyothy Labs continues to expand its distribution, reaching around 3.6 million outlets, and is witnessing strong growth in modern trade, including e-commerce.

For the financial year ending March 2025, Jyothy Labs reported a marginal uptick in net profit at Rs 370.38 crore. The firm's income increased by 3.26% to Rs 2,902.56 crore, with a notable 6.4% rise in volume, illustrating resilience in a challenging market environment.

(With inputs from agencies.)