Jyothy Labs Q4 Profit Slips 2.4%

Homegrown FMCG player Jyothy Labs on Monday reported a 2.4% dip in consolidated net profit for the quarter ended March 2025 (Q4 FY25), as rising input and operating costs outpaced revenue gains.

The company posted a net profit of ₹76.25 crore, down from ₹78.15 crore in the same quarter last fiscal (Q4 FY24), according to its stock exchange filing. 

Despite a marginal revenue increase of just over 1% from  ₹659.99 crore in Q4 FY24 to ₹666.96 crore in Q4 FY25 — higher expenses across raw materials, employee costs, finance charges, and depreciation weighed on the bottom line.

Costs of material consumed surged to ₹311.71 crore, up from ₹295.63 crore in the year-ago period. For the full financial year FY25, material costs stood at ₹1359.66 crore, compared to ₹1242.60 crore in FY24. 

Employee benefits expense rose to ₹78.28 crore in Q4, from ₹72.56 crore in Q4 FY24 — an increase of 7.89%. Finance cost climbed 31.75% to ₹1.66 crore, compared to ₹1.26 crore a year earlier. 

Depreciation and amortisation expenses also rose by 13.14%, reaching ₹14.55 crore from ₹12.86 crore. 

In contrast, advertisement and sales promotion expenses provided some relief, declining 10.61% to  ₹53.41 crore, down from ₹59.75 crore last financial year. 

Still, total expenses in Q4 increased slightly by 0.97%, reaching ₹571.23 crore, up from ₹565.73 crore. 

The company also booked a loss of ₹4.30 crore on a consolidated basis under ‘Exceptional Items,’ stemming from the sale of its entire equity stake in Jyothy Kallol Bangladesh Limited for ₹2.10 crore. 

The standalone loss was  ₹3.70 crore, the company said in its exchange filing. Jyothy Labs’ board recommended a final dividend of ₹3.50 per equity share for FY25.

The AGM date and record date for dividend eligibility will be announced separately. 

—IANS

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