Jyothy Laboratories Limited (BSE:Jyothylab:532926), a mid sized fast moving consumer goods (FMCG) company, With popular brands like UJALA, MAXO and EXO has recorded higher growth in gross sales and profit before tax during the nine months period ended March 31, 2008.

The company’s gross sales were reported higher at Rs 3424.69 million during the nine months period ended March 31, 2008, as against the gross sales of Rs 3295.10 million in the same period of the previous year. The profit before tax improved at Rs 470.63 million during the nine months period ended March 31, 2008, as compared to Rs 445.41 million during the nine months period ended March 31, 2007.

During the quarter ended March 31, 2008, the gross sales and profit before exceptional items and tax were posted at Rs 1323.76 million and Rs 131.23 million respectively. These were lower than the gross sales of Rs 1405.47 million and Rs 138.63 million in the same quarter of the previous year. The Sales during the quarter were impacted in case of seasonal products like mosquito repellents due to extended winter experienced in North and East India.

Jyothy Laboratories Limited is a mid sized FMCG company which owns the popular household brand UJALA, MAXO, EXO, etc has launched its new product Stiff and Shine a fabric conditioner nationally. Jyothy enjoys a commendable market share of 73.9% in fabric whitener, 20.6% in mosquito repellent and 19.7% in dishwash segments.

The Company has 21 manufacturing facilities at 14 locations pan India with a wide distribution reach. Its sales staff of over 1,500 people services approximately 2,500 distributors. The Company has demonstrated its innovative abilities by constantly introducing new products.

Sourced From: Adfactors Public Relations Pvt Ltd

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