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JYOTHYLAB — Jyothy Labs News Story

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India's Jyothy Labs falls after quarterly profit drop

BUZZ-India's Jyothy Labs falls after quarterly profit drop

** Shares of Jyothy Labs JYOI.NS fall 4.8% to 194.10 rupees

** Co's Q1 net profit fell 50.8% Y/Y to 476.4 mln rupees ($5 mln)

** Q1 revenue rose 3% Y/Y, while total expenses jumped 12.9%

** Co said operating EBITDA margin stood at 8.4%, impacted by elevated commodity inflation and sustained volatility in crude-linked input costs

** Trading vols nearly 4x the 30-day average at 2.2 mln shares so far

** YTD, JYOI down ~31%


($1 = 95.4100 Indian rupees)


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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