New Delhi, May 4 (PTI) FMCG company Jyothy Labs Ltd on Monday reported a decline of 12.3 per cent year-on-year in net profit to Rs 67.52 crore in the March quarter of FY26.
The company, which owns brands such as Ujala, Pril, Margo and Exo, had posted a net profit of Rs 770 crore in the January-March quarter a year ago, according to a regulatory filing.
Jyothy Labs’ revenue from operations increased 7.72 per cent to Rs 717.41 crore in the March quarter of FY26, compared to Rs 666 crore in the year-ago period.
The revenue growth was driven by a “10.8 per cent volume growth year-on-year”, said Jyothy Labs in an earnings statement.
However, operating EBITDA margin stood at 13.5 per cent, due to lower sales realisation and inflation in input prices,
the company informed the stock exchanges.
Total expenses of Jyothy Labs were at Rs 637.7 crore in the March quarter, up 11.8 per cent year-on-year.
Its total revenue was up 7.6 per cent to Rs 733.20 crore in the March quarter.
In the entire FY26, Jyothy Labs reported a profit of Rs 333.19 crore, down 10.23 per cent. Total income rose 3.87 per cent to Rs 3,011.85 crore during the financial year ended March 2026.
FY26 was marked by uneven demand and elevated input costs, particularly in the latter part of the year due to developments in West Asia, the company said.
“Despite these headwinds, the company delivered consistent volume growth across the year, supported by calibrated grammage actions and a gradual recovery in consumption, especially in the second half,” it added.
Additionally, GST rate reduction helped stimulate demand, particularly in the personal care segment from the third quarter onwards.
“Rural demand remained relatively stable through most of the year, while urban demand showed improvement following GST rate changes,” it said, adding that organised channels, including modern trade, e-commerce, and quick commerce, continued to grow faster and increase their share of sales.
About the outlook, Chairperson and Managing Director M R Jyothy said the company remains ‘cautious’ as input costs rose sharply towards the end of the year, driven by crude-linked inflation and developments in West Asia.
Calibrated pricing actions have been taken, though the full impact is yet to flow through. As a result, margins may remain under pressure in the near term, she said.
“Demand is gradually stabilising, though its trajectory in the coming months remains contingent on broader macro environmental factors,” said Jyothy.
Shares of Jyothy Labs Ltd on Monday settled at Rs 268.85 apiece on BSE, up 1.22 per cent from the previous close. PTI KRH HVA
