Jyothy Labs Limited, a leading FMCG company in India, reported its Q2 FY26 financial results, posting a 16% year-on-year decline in net profit to ₹87.8 crore from ₹104.9 crore in the same period last year. Revenue remained largely steady at ₹736 crore, showing a marginal growth of 0.4%, underpinned by a 2.8% volume increase.
Key Financial Highlights (Q2 FY26 vs Q2 FY25)
| Parameter | Q2 FY25 | Q2 FY26 | Change (YoY) |
| Revenue | ₹733 crore | ₹736 crore | +0.4% |
| Net Profit | ₹104.9 crore | ₹87.8 crore | -16% |
| Operating EBITDA Margin | 18.9% | 16.1% | -2.8 pp |
Segment-Wise Performance
Fabric Care
- Revenue grew 6.1%, driven by liquid detergents, fabric whitener, and enhancers.
- The liquid detergent range more than doubled YoY, boosted by strong demand.
- New premium product ‘Dr. Wool’ was introduced for specialized garment care.
Dishwashing
- Segment value declined 3.8%, impacted by lower prices and promotions.
- Volumes increased 3.4%, with liquid products outperforming bars.
Personal Care
- Revenue fell 4.3%, affected by temporary GST-related disruptions.
- Recovery is expected in the coming quarters.
Household Insecticides
- Segment saw an 8.9% decline, due to weak category demand.
- Products like Maxo Aerosols and Anti-Mosquito Racquets showed early traction, with medium-term profitability improvements planned.
Management Commentary
M.R. Jyothy, Chairperson & MD, described Q2 as a “transition quarter,” affected by GST rate adjustments and short-term supply changes. She emphasized the company’s resilient core business and continued volume growth, highlighting a strong balance sheet with ₹801 crore in cash and zero debt at the end of H1 FY26.
The management remains optimistic about H2 FY26, expecting improved performance supported by stable input costs and a gradual recovery in demand.
Summary
Jyothy Labs Q2 FY26 results reflect a 16% YoY decline in net profit to ₹87.8 crore, while revenue remained stable at ₹736 crore. Operating EBITDA margins fell to 16.1% due to cost pressures. Fabric care showed strong growth, dishwashing volumes improved, and household insecticides and personal care segments are set for recovery. The company ended H1 with robust liquidity and zero debt, positioning itself for a stronger second half of FY26.
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