Jyothy Labs: Due to strong Q1 results, shares reached a 52-week high

The share price of Jyothy Labs reached a 52-week high of Rs 312.15 on July 26, gaining 7% the day after the company released positive financial results for the quarter ending in June 2023.

Jyothy Labs announced a consolidated net profit of Rs 96.25 crore on July 25 for the quarter ended in June, an increase of 101.6% from the Rs 47.73 crore reported a year earlier.

The company announced that its consolidated income from operations increased by 15% year over year (YoY), from Rs. 597.20 crore to Rs. 687.10 crore.

According to the company's investor presentation, operating EBITDA is now at 17.1% (Rs 117.4 crore), up from 10% (Rs 59.8 crore) in the same time previous year. This represents a rise of 96.3%.

Source: Media Reports

Top stories
Company

Delta Corp Q1 PAT Declines 68% YoY to Rs 22 crore in FY25

4 mins read . 13 Jul 2024 . 09:30 AM

Company

Zydus Life Gets USFDA Nod for Heart Failure Drug

3 mins read . 13 Jul 2024 . 09:23 AM

Company

RVNL Spurts 10% on Bagging Multiple Orders Worth Rs 390 Cr

4 mins read . 13 Jul 2024 . 09:18 AM

Related Blogs
blog-logo

Share Market

blog-logo

12 mins read . 12 Jul 2024

Ritesh Agarwal: The OYO Founder’s Success Story

  • 0 people read
blog-logo

Share Market

blog-logo

15 mins read . 08 Jul 2024

Best Oil & Gas Stocks in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions