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Jyothy Labs Q3 consolidated net rises by 18.75 pc Jyothy Labs

Jyothy Labs Q3 consolidated net rises by 18.75 pc

India Blooms News Service | @indiablooms | 27 Jan 2021, 04:55 pm

Mumbai/UNI: Jyothy Labs has reported a rise of 18.75 per cent in its consolidated net profit for the quarter ended December 31, 2020 at Rs 55.28 crore as against net profit of Rs 46.55 crores for the quarter ended December 31, 2019.

Total income for the quarter ended December 31, 2020 grew by 13.42 per cent to Rs 482.99 crore as compared with Rs 425.83 crores for the quarter ended December 31, 2019.

Commenting on the financial performance of Q3FY2021, Ms M R Jyothy, Managing Director, Jyothy Labs Limited said “ We are seeing momentum across our business segments.

Our focus on execution, strengthening brands with enhanced media support and geographical expansion has delivered strong sales and profitable growth. With the strength of our product portfolio in collaboration with all our stakeholders, we are confident that we will consistently enhance our market share across the business segments and deliver on our full business potential.”