Jyothy Labs announced Q2FY23 results:
- Q2FY23:
- Net sales at Rs 659 crore, increase by 12.6%
- EBITDA margin at Rs 80.4 crore (12.2% of net sales), an increase by 20.8%
- Net profit at Rs 65.4 crore, increase by 48.6%
MR Jyothy, Managing Director, Jyothy Labs Ltd, said, “We continue to focus on investing in our brands and build wider direct distribution to strengthen our consumer franchise. This has resulted in stronger operating performance and built pathways to capture future growth opportunities.
We have continued to deliver double-digit revenue growth with robust performance for the last few quarters and will focus on relentless execution and are determined to continue to win market shares by building scale in our operations”.