Saturday, July 11, 2026

Jyothy Labs Q1 results: Profit dips, margins hit by rising costs, intense competition

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Jyothy Labs Ltd on Tuesday reported a 5% fall in first-quarter net profit to ₹96.8 crore, hurt by lower margins.Revenue rose 1.3% to ₹751.2 crore, supported by 3.6% volume growth.

Earnings before interest, taxes, depreciation and amortisation fell 7% to ₹124 crore, with the operating margin narrowing to 16.5% from 18% a year earlier.

The company said growth was driven by stronger sales in modern trade, e-commerce and quick commerce channels, while urban general trade remained soft. Rising input costs from geopolitical disruptions and heightened competition weighed on value growth.Fabric Care revenue rose 3.3%, led by increased demand for liquid detergents and supported by the launch of Ujala Young & Fresh, backed by a Keerthy Suresh marketing campaign.

Dishwashing volumes improved, with Pril liquid posting double-digit growth and Exo bars also rising, though value growth was muted due to price competition and higher grammage offers.Personal Care revenue inched up 0.7%, with new beauty soap Jovia gaining traction alongside continued demand for Margo-Neem Natural.

Household Insecticides revenue fell 9.7% on weaker coil sales, though liquid vaporisers held steady and now account for half the portfolio. New launches in aerosols and racquets have shown early promise.

Founded in 1983, Jyothy Labs is an Indian fast-moving consumer goods (FMCG) company with a multi-brand portfolio spanning fabric care, dishwashing, personal care, and household insecticides.

Its well-known brands include Ujala, Henko, Mr. White, Morelight (fabric care), Pril and Exo (dishwashing), Margo and Jovia (personal care), and Maxo (household insecticides).

Jyothy Labs shares were trading 2% higher at a price of 333.00 on the BSE today. In the last 1 month alone, the stock has lost 6% of its value. It is down nearly 17% year-to-date.

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