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Jyothy Laboratories today posted two-fold increase in net profit to Rs 28.70 crore for the first quarter ended June 30, 2013. Ullas Kamath, Joint Managing Director of the company told CNBC-TV18 that it has given the guidance of 20-25 percent on topline and 15 percent EBITDA margins.
Soaps and detergent maker Jyothy Laboratories expects its topline to rise 25 percent year-on-year in FY2014, as it expands into new geographies and products, Ullas Kamath, Joint MD, said on Friday.
K Ullas Kamath, deputy managing director, Jyothy Laboratories says, he expects the company to grow standalone top-line and bottom-line by 25% for the entire year.
Jyothy Labs is expected to report a growth of 27% year-on-year in its profit after tax of Rs 28 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
An overall slowdown in the macro economy following a sharp rise in interest rates have led to concerns over growth and demand across several sectors in India.
Jyothy Laboratories has announced its FY11 results. He further says, cost cutting measures helped maintain earnings before interest, taxes, depreciation and amortization (EBITDA) margins. The company hopes to improve EBITDA margins in the current year.
PINC Research has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Jyothy Labs March quarter revenue are expected to go up by 6.4% at Rs 208 crore, Year-on- Year, (YoY) basis.
Jyothy Laboratories has announced its results for the quarter ended December 2010. It has reported net profit of Rs 16.89 crore as against Rs 16.84 crore (YoY).