Sluggish Recovery in Volumes Post Demonetisation in Q4FY17 and Household Insecticides Yet to Improve: Jyothy Laboratories Ltd (JLL) has delivered reasonable volume growth of 5.1% in Q4FY17, compared to 13.7% volume growth in Q4FY16. The company hasreported total income from operations at Rs.4661 Mn during this quarter, clocking 3.8% growth YoY compared to Rs.4490 Mn in Q4FY16. The companys EBITDAmargins improved QoQ by 29 bps to reach 13.0% during the quarter compared to 12.7% during Q3FY17 on the back of reduction in employee cost.