FMCG firm Jyothy Laboratories has posted a 78.34% surge in net profit to Rs 29.07 crore for the quarter ended December 31, 2011. In the corresponding quarter last fiscal, the company -- which sells fabric care products under the brand 'Ujala' -- registered a net profit of Rs 16.30 crore.
During the quarter under review, the firm’s net sales stood at Rs 166.31 crore, up 12.05% from Rs 148.42 crore in the corresponding period last fiscal.
The numbers for the past two quarters had taken a hit due to internal restructuring of the company’s distribution system post-Henkel acquisition.
Jyothy Laboratories is engaged in the manufacturing and marketing of FMCG products catering to broadly three segments viz., fabric-care, mosquito repellant and dishwashing. It is predominantly a domestic player, with the presence in the rural as well as urban markets across the country.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2235.50 |
| Godrej Consumer Prod | 1104.25 |
| Dabur India | 442.25 |
| Colgate Palmol. (I) | 2129.80 |
| P&G Hygiene | 9948.35 |
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