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.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now
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 (3QFY20); Net Profit Down 12.1% (Quarterly Result Update)

Feb 6, 2020 | Updated on Feb 6, 2020

For the quarter ended December 2019, JYOTHY LABS has posted a net profit of Rs 425 m (down 12.1% YoY). Sales on the other hand came in at Rs 4 bn (down 6.2% 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.

JYOTHY LABS Announces Quarterly Results (1QFY20); Net Profit Up 10.9% (Quarterly Result Update)

Jul 24, 2019 | Updated on Jul 24, 2019

For the quarter ended June 2019, JYOTHY LABS has posted a net profit of Rs 359 m (up 10.9% YoY). Sales on the other hand came in at Rs 4 bn (up 1.6% YoY). Read on for a complete analysis of JYOTHY LABS's quarterly results.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

JYOTHY LABS SHARE PRICE


Apr 7, 2020 (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 - P&G COMPARISON

COMPARE JYOTHY LABS WITH

MARKET STATS