Jyothy Labs Q2 Results: Stock falls after profit declines 16%, margins contract

Shares of Jyothy Laboratories Ltd. fell dropped nearly 2% on Wednesday, November 12, after it reported a 16% drop in its net profit for the September quarter, compared to the same period last year.

Jyothy Laboratories reported a net profit of ₹88 crore in the September quarter, down 16.2% from ₹105 crore it reported during the same period last year.

Revenue remained largely flat, rising 0.4% year-on-year to ₹736 crore from ₹733 crore, while the company’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) contracted by 14.5% to ₹118 crore from ₹138.5 crore in the same quarter last year. 

Jyothy Labs’ margin contracted by 290 basis points on a year-on-year basis to 16.1% from 19% during the base quarter. 

Jyothy Labs is an Indian fast-moving consumer goods (FMCG) company founded in 1983. It holds a multi-brand portfolio comprising fabric care, dishwashing, personal care and household insecticides.

Fabric care revenue rose by 6% to ₹335.47 crore from ₹316.11 crore in the September quarter last year, while the dishwashing segment revenue dipped 4% on year-on-year basis, falling to ₹244.37 crore from ₹253.96 crore during the base quarter.

Additionally, revenue of the company's household insecticides segment fell 9% to ₹41.10 crore from ₹45.10 crore in September quarter last year and the personal care segments witnessed a 13% drop in revenue to ₹81.93 crore year-on-year basis from ₹85.60 crore in the base quarter. 

Shares of Jyothy Laboratories are trading 1% lower after the earnings announcement, recovering from the lows of the day at ₹310.1. The stock is down 23% so far in 2025.