Jyothy Laboratories Ltd (JLL) is an Indian FMCG player with products across Fabric care, Dishwashing, Mosquito repellents & Personal Care. JLL reported 7%YoY growth in revenue in Q2FY19. Adjusting the flood impacts in Kerala (Rs25-30cr) the growth would have been 13-14%YoY. Revenue growth was driven by healthy growth in dish wash (13.9%) and fabric care (10.8%), however insecticide witnessed de-growth of 19.8%. JLL has taken price hike of ~7% in detergent category and had withdrawn some price offers which aided 150bps improvement in gross margin....