INDIAN NEWS & TIMES

Monday, January 30, 2023

Jyothy Labs Limited, one of the leading Indian FMCG companies announced today its financial results for the quarter ended September 30, 2022. The Company delivered sales of Rs 659 crores, increase of 12.6% growth against the same period last year.

The growth has been impacted with high inflationary pressure on the households, however inspite of volatile environment, our strategy to focus on strengthening our consumer franchise has resulted in double digit value growth for the quarter as well as on a 2 year CAGR basis.

With consumer first mind-set, the company continued to create customised product offerings and penetrate markets in both rural and urban areas.

We have witnessed stable growth across all channels aided by ourexpanded distribution platform and focussing on sales of our existing product portfolio in newer geographies and sale of smaller SKU’s which has helped us to mitigate the slowing consumption environment.

We will continue to focus on technology led distribution, increase our brands visibility and improve productivity in all spheres of business to maintain healthy balance between higher volume growth, market share and margins.