Jyothy Labs Ltd posted a 28.57 percent decline in consolidated net profit at Rs 38.02 crore for the third quarter ended December 31, 2021, on account of higher expenses.
The company's consolidated total income during the period stood at Rs 542.66 crore as against Rs 482.99 crore in the year-ago quarter.
Jyothy Labs Ltd Managing Director M R Jyothy said the company has been able to grow sales in spite of a challenging higher input price environment resulting in an increase in retail prices which impacts consumers' purchasing power.
The company's fabric care segment clocked revenue of Rs 209.08 crore in the third quarter as against Rs 175.87 crore in the year-ago period.
PM Narendra Modi To Host Roundtable With Tech Leaders At AI Summit In Delhi Today, Set To Address Keynote Speech On AI Vision
Shivaji Maharaj Jayanti: PM Narendra Modi, Devendra Fadnavis & Others Pay Homage To Visionary Warrior King
'Couldn't Agree More': Yuzvendra Chahal Backs Call To Let Varun Chakravarthy Complete His Quota Of Bowling During IND vs NED ICC T20 WC Match
Mumbai Weather Update, Feb 19: City Wakes Up To Clear Skies At 23°C As AQI 143 Signals Poor Air Quality
(With inputs from PTI)
