JYOTHY LABS Announces Quarterly Results (2QFY20); Net Profit Up 17.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

JYOTHY LABS Announces Quarterly Results (2QFY20); Net Profit Up 17.4%
Fri, 25 Oct

JYOTHY LABS has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

JYOTHY LABS Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m4,2774,1164,64212.8%8.5%
Other incomeRs m47485512.8%16.7%
TurnoverRs m4,3244,1654,69712.8%8.6%
ExpensesRs m3,5453,4613,85111.3%8.6%
Gross profitRs m73261879128.1%8.1%
DepreciationRs m1391851882.1%35.7%
InterestRs m716159-2.5%-15.9%
Profit before taxRs m56942159842.1%5.1%
TaxRs m11661666.7%-43.3%
Profit after taxRs m45335953248.2%17.4%
Gross profit margin%17.115.017.0
Effective tax rate%20.314.611.0
Net profit margin%10.58.611.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 8.5% on a year-on-year (YoY) basis. The expenses were up by 8.6% YoY during the same period.
  • The company's operating profit increased by 8.1% YoY during the quarter. Consequently, operating profit margins remained same and stood at 17.0% in 2QFY20.
  • Depreciation charges increased by 35.7% and finance costs declined by 15.9% YoY, respectively.
  • Other income increased by 16.7% YoY during the quarter.
  • Net profit for the quarter increased by 17.4% YoY. Net profit margins during the quarter increased from 10.5% in 2QFY19 to 11.3% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 11.3% QoQ during the same period.
  • The company's operating profit increased by 28.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 17.0% in 2QFY20 as against 15.0% in 1QFY19.
  • Net profit for the quarter increased by 48.2% QoQ, while net profit margins increased from 8.6% in 1QFY19 to 11.3% in 2QFY20.

To see how JYOTHY LABS has performed over the last eight quarters,please visit here.

REVEALED: The Secret to potentially Making Rs 18,870, Rs 9,425 and Rs 7,315 in a Single Day...

JYOTHY LABS Share Price Performance

Over the last one year,JYOTHY LABS share price has moved down from Rs 179.7 to Rs 174.1, registering a Loss of Rs 5.6 or around 3.1%.

Meanwhile, the S&P BSE FMCG Index is trading at Rs 12,034.5 (up 0.2%). Over the last one year it has moved up from 11,045.0 to 12,034.5, a gain of 990 points (up 9.0%).

Overall, the S&P BSE SENSEX is up 14.6% over the year.

Current Valuations

At the current price of Rs 174.1, the price to earnings (P/E) ratio of JYOTHY LABS stands at 15.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "JYOTHY LABS Announces Quarterly Results (2QFY20); Net Profit Up 17.4%". Click here!

  

Related Views on News

JYOTHY LABS Announces Quarterly Results (3QFY21); Net Profit Up 22.8% (Quarterly Result Update)

Jan 28, 2021 | Updated on Jan 28, 2021

For the quarter ended December 2020, JYOTHY LABS has posted a net profit of Rs 522 m (up 22.8% YoY). Sales on the other hand came in at Rs 5 bn (up 15.3% YoY). Read on for a complete analysis of JYOTHY LABS's quarterly results.

JYOTHY LABS Announces Quarterly Results (1QFY21); Net Profit Up 40.4% (Quarterly Result Update)

Aug 20, 2020 | Updated on Aug 20, 2020

For the quarter ended June 2020, JYOTHY LABS has posted a net profit of Rs 504 m (up 40.4% YoY). Sales on the other hand came in at Rs 4 bn (up 4.1% YoY). Read on for a complete analysis of JYOTHY LABS's quarterly results.

JYOTHY LABS 2018-19 Annual Report Analysis (Annual Result Update)

Oct 3, 2019 | Updated on Oct 3, 2019

Here's an analysis of the annual report of JYOTHY LABS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of JYOTHY LABS. Also includes updates on the valuation of JYOTHY LABS.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

JYOTHY LABS SHARE PRICE


Mar 8, 2021 (Close)

TRACK JYOTHY LABS

  • Track your investment in JYOTHY LABS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

JYOTHY LABS - GODREJ CONSUMER COMPARISON

COMPARE JYOTHY LABS WITH

MARKET STATS