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HomeNewsBusinessEarningsJyothy Labs Q4 profit seen up 29% to Rs 27.6 cr: Poll

Jyothy Labs Q4 profit seen up 29% to Rs 27.6 cr: Poll

Jyothy Laboratories's fourth quarter consolidated profit after tax is expected to increase 28.6 percent year-on-year to Rs 27.6 crore, according to a CNBC-TV18 poll.

May 25, 2015 / 10:59 IST
     
     
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    Jyothy Laboratories's fourth quarter consolidated profit after tax is expected to increase 28.6 percent year-on-year to Rs 27.6 crore, according to a CNBC-TV18 poll.

    Low base of Q4FY14 owing to higher advertising & promotion spends and low gross margin may result in a sharp jump in profit.

    Total income from operations is seen rising 13.6 percent to Rs 409 crore during January-March quarter compared to Rs 360 crore in the corresponding quarter of last fiscal, aided by innovations, re-launches, strong growth in core brands and brand activations.

    Growth may be healthy in detergents, Margo and dishwash segments while growth in household insecticides segment may remain sluggish due to weak season in North and East (Jyothy's stronger markets).

    Operating profit may jump 39.5 percent year-on-year to Rs 41.5 crore in March quarter and margin may expand 190 basis points to 10.2 percent, aided by sharp fall in crude and crude-based derivatives.

    first published: May 25, 2015 10:59 am

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