Jyothy Laboratories Expects 10-12% Volume Expansion In 2019
Jyothy Laboratories Ltd. expects 10-12 percent volume growth next year, said Ullas Kamath, joint managing director of the company.
The company posted a strong set of numbers in the third quarter, with a 49 percent increase in net profit. It expects the momentum to continue with a pickup in select products like Margo and mosquito repellents with the onset of the summer season.
- Net sales up 12.3 percent to Rs 431 crore
- EBITDA up 38.4 percent to 68.8 crore
- EBITDA margins at 16 percent versus 13 percent
- Net Profit up 59 percent to Rs 32.9 crore
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