Jyothy Labs Ltd Q4 FY20 consolidated PAT at Rs. 28.80 crore

JYOTHY LABS LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported net sales of Rs.397.60 crores during the period ended March 31, 2020 as compared to Rs.425.83 crores during the period ended December 31, 2019.

The company has posted net profit of Rs.28.80 crores for the period ended March 31, 2020 as against Rs.46.55 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.0.78 for the period ended March 31, 2020 as compared to Rs.1.27 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 397.60 crs	₹ 425.83 crs	-6.63%
Net Profit	₹ 28.80 crs	₹ 46.55 crs	-38.13%
EPS	₹ 0.78	₹ 1.27	-38.58%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported net sales of Rs.397.60 crores during the period ended March 31, 2020 as compared to Rs.527.81 crores during the period ended March 31, 2019.

The company has posted net profit of Rs.28.80 crores for the period ended March 31, 2020 as against Rs.69.03 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.0.78 for the period ended March 31, 2020 as compared to Rs.1.89 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 397.60 crs	₹ 527.81 crs	-24.67%
Net Profit	₹ 28.80 crs	₹ 69.03 crs	-58.28%
EPS	₹ 0.78	₹ 1.89	-58.73%

Financial Results (Year ended FY 2019-20) - YoY Comparison

The company has reported net sales of Rs.1731.17 crores during the 12 months period ended March 31, 2020 as compared to Rs.1841.33 crores during the 12 months period ended March 31, 2019.

The company has posted net profit of Rs.170.27 crores for the 12 months period ended March 31, 2020 as against Rs.205.09 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.4.64 for the 12 months period ended March 31, 2020 as compared to Rs.5.62 for the 12 months period ended March 31, 2019.

Financials	FY2019-20	FY2018-19	% Change
Total Income	₹ 1731.17 crs	₹ 1841.33 crs	-5.98%
Net Profit	₹ 170.27 crs	₹ 205.09 crs	-16.98%
EPS	₹ 4.64	₹5.62	-17.44%

Commenting on the financial performance of Q4 FY2020, Ms. M R Jyothy, Managing Director, Jyothy Labs Limited said "This quarter has brought the onset of an unprecedented global crisis in the form of COVID 19 which has led us to increase our focus on our daily use 'Essential Hygiene Portfolio' as safety, health and hygiene are more critical now than ever. Considering this increased concern for personal hygiene the company launched Neem enriched Handwash and Sanitizer under the brand name 'Margo' which have seen a huge acceptance and demand.

Despite the disruption in operations and sales as a result of the nationwide lockdown since the last fortnight of March 2020, the Company has seen positive sales growth in the month of April and May 2020.

We continue to serve the Indian consumers while scaling up our operations and ensuring health and safety of each of our employees and business partners.

With a strong product portfolio, we are confident we will be able to meet the demands of the consumers and offer them quality products despite all the challenges."

Shares of JYOTHY LABS LTD. was last trading in BSE at Rs.117 as compared to the previous close of Rs. 109.95. The total number of shares traded during the day was 60151 in over 2002 trades.

The stock hit an intraday high of Rs. 120.65 and intraday low of 111. The net turnover during the day was Rs. 6958953.

Source : Equity Bulls

Keywords