ADVERTISEMENT

Jyothy Laboratories Forecasts 12-15 Percent Revenue Growth In FY19

Jyothy Laboratories also expects its margins at 16-17 percent in FY19, its Joint Managing Director Ullas Kamath said.

A woman looks at bottles of “Ujala Supreme fabric whiteners”, made by Jyothy Laboratories Ltd.(Photographer: Abhijit Bhatlekar/Bloomberg News) 
A woman looks at bottles of “Ujala Supreme fabric whiteners”, made by Jyothy Laboratories Ltd.(Photographer: Abhijit Bhatlekar/Bloomberg News) 

Jyothy Laboratories Ltd. expects its revenue to grow by about 12-15 percent during the current fiscal, its Joint Managing Director Ullas Kamath said.

The Bengaluru-based household products maker expects its margins to range between 16-17 percent in 2018-19, Kamath told BloombergQuint in an interaction.

The maker of ‘Ujala Liquid Blue’ fabric whitener said it may hike the prices of its products in October or November as most of the company’s forward bookings will last till September.