Jyothy Laboratories' third quarter earnings are expected to be steady with growth led by Maxo & dishwashing products and profitability is likely to be led by substantial input cost benefits. Profit is seen rising 38 percent year-on-year to Rs 36.6 crore in October-December quarter, according to analysts polled by CNBC-TV18.
Revenue is likely to increase 5.9 percent to Rs 360.5 crore in Q3 compared to Rs 380 crore in same quarter last year.
Analysts see slowdown in the detergents segment while price cuts by competitors may further hamper growth.
Operating profit (earnings before interest, tax, depreciation and amortisation) may jump 35.8 percent year-on-year to Rs 49.3 crore and margin may expand 280 basis points to 12.9 percent in quarter gone by.
Margin may get supported by lower input cost. Gross margin may expand 185 basis points.
Analysts expect near 13 percent growth in soaps and detergents. Key factors to watch out for would be growth in Henko & Maxo and Ujala.
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