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.
