(^Jff^y_ LABORATORIES LIMITEDCIN - L24240MH1992PLC128651

•UJALA HOUSE', Ramakrishna Mandir Road, Kondivita, Andheri (East), Mumbai - 400 059.a Tel.: 6689 2800 0 Fax: 6689 2805 a e-mail : info@Jyothy.com a www.jyothylaboratories.com UJALA

To,

National Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex,Bandra (East),Mumbai-400051

BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai-400023.

Dear Sirs,

May 16,2018

Scrip Code: JYOTHYLAB

Scrip Code: 532926

Sub: Standalone and Consolidated Audited Financial Results of the Company for thequarter and year ended March 31,2018

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 ("Listing Regulations") and other applicable provisions, if any, we wish toinform you that the Board of Directors of the Company at its meeting held today at 11:30a.m. and concluded at 2:25 p.m. have approved the Audited Financial Results of theCompany on Standalone and Consolidated basis for the quarter and year ended March 31,2018.

Accordingly, we are enclosing herewith the following:

a) Audited Standalone and Consolidated Financial Results of the Company for the quarterand year ended March 31, 2018;

b) Auditors Report issued by M/s. B S R & Co. LLP, Statutory Auditors of the Companyon the Audited Standalone and Consolidated Financial Results of the Company for thequarter and year ended March 31, 2018;and

c) Press Release by the Company in respect of its performance during the quarter and yearended March 31,2018.

The report of M/s. B S R & Co. LLP, Statutory Auditors of the Company, is with theunmodified opinion with respect to the Audited Financial Results (Standalone andConsolidated) for the year ended March 31, 2018.

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^^f- LABORATORIES LIMITEDCIN - L24240MHig92PLC128651

•UJALA HOUSE', Ramakrishna Mandir Road, Kondivita, Andheri (East), Mumbai - 400 059.a Tel.: 6689 2800 d Fax: 6689 2805 0 e-mail : info@jyothy.com 0 www.jyothylaboratories.com . UJALA

Kindly take the above on your record and disseminate the same for information of investors.

Thanking you,

Yours faithfully,

For Jyothy Labor^atpries Limited ^^

-pw^ y^Shreyas Trivedi ^^r-"^^Head - Legal & Company Secretary "~—'

End.: As above

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Notes :6 Statement of Assets and Liabilities :-

JYOTHY LABORATORIES LIMITEDSTATEMENT OF STANDALONE/CONSOLIDATED AUDITED FINANCIAL RESULTS

Amount (Rs in lacs)

Particulars

Standalone

As at March31,2018

As at March

31,2017

Consolidated

As at March31,2018

As at March

31,2017Audited Audited Audited Audited

Assets

Non-Current Assets

Property, plant and equipmentCapital work in progressGoodwill

Other Intangible assetsFinancial assets

Investment in subsidiaries

Other investments

Trade receivables

Loans

Other financial assets

Deferred tax assets (net)Income Tax assets ( net )Other non-current assets

Current assets

Inventories

Financial assets

Investments

Trade receivables

Cash and cash equivalentOther bank balances

Loans

Other financial assets

Other current assets

Assets held for sale

Total Assets

25,8821,527

10,28812,758

71613,447

67075934

6,283955

9,20682,525

18,696

10,39315,6085,5007,220

7865,101

6863,372

1,45,897

28,228803

10,28815,649

66513,348

569698605

7,0212,354

10,75190,979

19,521

1,40811,1953,4136,133

2593,033

6845,030

1,36,009

29,7791,531

78,633658

367087655

9,0241,1729,217

1,31,618

18,835

11,31516,0756,2937,374

181786

5,35168

66,278

1,97,896

30,572877

78,633497

3569902637

11,1482,574

10,7871,37,199

19,637

2,84611,7124,0126,332

79259

3,16668

48,111

1,85,310

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t- <-50 ^-t '^r

jyOTHY LABORATORIES LIMITEDSTATEMENT OF STANDALONE/CONSOLIDATED AUDITED FINANCIAL RESULTS

Particulars

Standalone

As at March

31,2018As at March

31,2017

Consolidated

As at March

31,2018As at March

31,2017Audited Audited Audited Audited

EquityEquity Share CapitalOther EquityEquity attributable to owners ofJyothy Laboratories LimitedNon-controlling interestsTotal equityLiabilitiesNon-Current liabilities

Financial Liabilities

BorrowingsProvisions

Other non-current liabilities

Current liabilities

Financial Liabilities

BorrowingsTrade payablesOther financial liabilities

Provisions

Other current liabilities

Current Tax liabilities (net)

Total liabilities

Total equity and liabilities

1,81866,528

1,81763,548

1,8181,12,604

1,8171,07,084

68,346 65,365 1,14,422(1,395)

1,08,901(665)

68,346

2,652425

65,365

2,140

1,13,027

3772,780

425

1,08,236

5522,296

3,077

27,68016,71621,0403,1985,288

552

2,140

4,91914,48141,2723,1014,432

299

3,582

27,68017,20327,2353,2945,323

552

2,848

4,91914,89946,4253,2194,465

29974,474 68,504 81,287 74,226

77,551

1,45,897

70,644

1,36,009

84,869

1,97,896

77,074

1,85,310

7 Previous period / year's figures have been regrouped/rearranged wherever necessary.

IPlace: Mumbai

|Date: May 16, 2018

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BS R&Co. LLPChartered Accountants

5th Floor, Lodha Excelus,Apollo Mills CompoundN. M. Joshi Marg, MahalaxmiMumbai - 400 011India

Telephone +91 (22) 4345 5300Fax +91 (22) 4345 5399

Independent Auditor's Report on Standalone Financial Results ofJyothyLaboratories Limited Pursuant to the Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015

To the Board of Directors ofJyothy Laboratories Limited

We have audited the accompanying annual standalone financial results of Jyothy LaboratoriesLimited for the year ended 31 March 2018 ('the Statement), attached herewith, being submitted bythe company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board ofIndia (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations').Attention is drawn to the fact that the figures for the quarter ended 31 March 2018 and thecorresponding quarter ended in the previous year as reported in these standalone financial results arethe balancing figures between audited figures in respect of the full fmancial year and the publishedyear to date figures upto the end of the third quarter of the relevant fmancial year. Also the figuresup to the end of the third quarter had only been reviewed and not subjected to audit.

These standalone financial results have been prepared on the basis of the annual standalone fmancialstatements and reviewed quarterly standalone financial results upto the end of the third quarter whichare the responsibility of the Company's management. Our responsibility is to express an opinion onthese financial results based on our audit of the annual standalone financial statements which havebeen prepared in accordance with the recognition and measurement principles laid down in theCompanies (Indian Accounting Standards) Rules, 2015 as per Section 133 of the Companies Act,2013 and other accounting principles generally accepted in India and in compliance with Regulation33 of the Listing Regulations.

We conducted our audit in accordance with the auditing standards generally accepted in India. Thosestandards require that we plan and perform the audit to obtain reasonable assurance about whetherthe fmancial results are free of material misstatement(s). An audit includes examining, on a test basis,evidence supporting the amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe that oiir auditprovides a reasonable basis for our opinion.

Without qualifying our report and as more fully described in Note 2 of the standalone financialresults, we draw attention to managerial remuneration paid/provided by the Company for the yearended 31 March 2017 in excess of limits prescribed under the Companies Act, 2013. As informed tous, the Company has filed revised application with the Central Government for approval of suchexcess remuneration. Pending approval, no adjustments are considered necessary in these standalonefinancial results. Our conclusion is not modified in respect of this matter.

The standalone fmancial results for the quarter and year ended 31 March 2017 included in theStatement were audited by the predecessor auditor, whose audit report dated 18 May 2017 expressedan unmodified opinion on those standalone financial results.

BSR & Co (a partnership firm withRegistration No. BA61223) converted intoBS R & Co. LLP (a Limited Liability, Partnershipwith LLP Registration No. AAB-8181)with effect from October 14, 2013

Registered Office:5th Floor, Lodha Excelus

Apollo Mills CompoundN. M. Joshi Marg, MahalaxmiMumbai-400 011. India

BS R&Co. LLP

Independent Auditor's Report on Standalone Financial Results ofJyothyLaboratories Limited Pursuant to the Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015 (Continued)

Jyothy Laboratories Limited

In our opinion and to the best of our information and according to the explanations given to us, thesestandalone financial results:

(i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulationsin this regard; and

(ii) give a true and fair view of the net profit and other comprehensive income and other financialinformation for the year ended 31 March 2018.

ForB S R & Co. LLP

Firm's Registration No. 101248W/W-100022

\

^^-Mumbai16 May 2018

Sreeja MararPartner

Membership No: 111410

BS R&Co. LLPChartered Accountants

5th Floor, Lodha Excelus,

Apollo Mills CompoundN. M. Joshi Marg, MahalaxmiMumbai-400011India

Telephone +91 (22) 4345 5300Fax +91 (22) 4345 5399

Independent Auditor's Report on Consolidated Financial Results ofJyothy Laboratories Limited Pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015

To the Board of Directors ofJyothy Laboratories Limited

We have audited the annual consolidated financial results of Jyothy Laboratories Limited('the Company') for the year ended 31 March 2018 ('the Statement') attached herewith, beingsubmitted by the company pursuant to the requirement of Regulation 33 of the Securities andExchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015('Listing Regulations'). Attention is drawn to the fact that the figures for the quarter ended 31 March2018 and the corresponding quarter ended in the previous year as reported in these consolidatedfinancial results are the balancing figures between consolidated audited figures in respect of the fullfinancial year and the published year to date consolidated figures upto the end of the third quarter ofthe relevant financial year. Also the figures up to the end of the third quarter had only been reviewedand not subjected to audit.

These consolidated annual financial results have been prepared from consolidated annual financialstatements and reviewed quarterly consolidated financial results upto the end of the third quarterwhich are the responsibility of the Company's management. Our responsibility is to express anopmion on these consolidated financial results based on our audit of such consolidated annualfinancial statements, which have been prepared in accordance with the recognition and measurementprinciples laid down in the Companies (Indian Accounting Standards) Rules, 2015 as per Section133 of the Companies Act, 2013 and other accounting principles generally accepted in India and incompliance with Regulation 33 of the Listing Regulations.

We conducted our audit in accordance with the auditing standards generally accepted in India. Thosestandards require that we plan and perform the audit to obtain reasonable assurance about whetherthe financial results are free of material misstatement. An audit includes examining, on a test basis,evidence supporting the amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe that our auditprovides a reasonable basis for our opinion.

We did not audit the financial statements of four subsidiaries included in the consolidated annualfinancial results, whose annual financial statements reflect total assets of Rs 2,022 Lacs as at31 March 2018 as well as the total revenue ofRs 1,736 Lacs for the year ended 31 March 2018.These annual financial statements and other fmancial information have been audited by otherauditors whose reports have been furnished to us, and our opinion on the consolidated annualfinancial results, to the extent they have been derived from such annual financial statements is basedsolely on the reports of such other auditors. Our opinion is not modified in respect of this matter.

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BS R &Co (a partnership firm withRegistration No. BA61223) converted intoB S R &Co. LLP (a Limited Liability, Partnershipwith LLP Registration No. AAB-8181)with affect from October 14, 2013

Registered Office:5th Floor, Lodha ExcelusApollo Mills CompoundN. M. Joshi Marg, MahalaxmiMumbai - 400 011. India

BS R&Co. LLP

Independent Auditor's Report on Consolidated Financial Results ofJyothy Laboratories Limited Pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015

Jyothy Laboratories LimitedWithout qualifying our report and as more fully described in Note 2 of the consolidated fmancialresults, we draw attention to managerial remuneration paid/provided by the Company for the yearended 31 March 2017 in excess of limits prescribed under the Companies Act, 2013. As informed tous, the Company has filed revised application with the Central Government for approval of suchexcess remuneration. Pending approval, no adjustments are considered necessary in theseconsolidated fmancial results. Our conclusion is not modified in respect of this matter.

The consolidated financial results for the quarter and year ended 31 March 2017 included in theStatement were audited by the predecessor auditor, whose audit report dated 18 May 2017 expressedan unmodified opinion on those consolidated financial results.

In our opinion and to the best of our information and according to the explanations given to us andbased on consideration of reports of other auditors on separate financial statements and otherinformation of the subsidiaries and joint venture as aforesaid, these consolidated annual fmancialresults:

(i) include the annual financial results of the following entities:

1. Jyothy Fabricare Services Limited

2. Jyothy Kallol Bangladesh Limited

3. Snoways Laundrers and Drycleaners Private Limited

4. Four Seasons Drycleanmg Company Private Limited

5.JFSL-ILL(IV)

(ii) have been presented in accordance with the requirements of Regulation 33 of the ListingRegulations in this regard; and

(iii) give a true and fair view of the consolidated net profit and other comprehensive income andother financial information for the year ended 31 March 2018.

ForB S R & Co. LLPChartered Accountants

Firm's Registration No: 101248W/ W- 100022

Sreeja MararPartner

Membership No: 111419

Mumbai16 May 2018

For immediate release

LABORATORIES LIMITED

Jyothy Laboratories Ltd Q4FY18 v/s Q4FY17 (Consolidated)

Net Sales at Rs. 516.8 crore v/s Rs. 441 crore (GST Comparable), up by 17.2%

PBT at Rs. 107 crore v/s Rs. 44.6 crore, up by 140%

Net profit at Rs. 76 crore v/s Rs. 107.4 crore.

Board Approved Bonus shares in the ratio of 1:1

Editor Synopsis

Q4FY18 v/s Q4FY17

o Net Revenue at Rs. 516.8 crore v/s Rs. 441 crore (GST comparable), up by

17.2%

o Operating EBIDTA margin at 17.1% v/s 13.8% (On GST Adjusted sales)

o PBT at Rs 107 crore v/s Rs 44.6 crore, up by 140% (Current period

includes Rs 37 crore on profit on sale of land)

o Net Profit at Rs. 76 crore v/s Rs. 107.4 crore, down by 29.3% due to tax

reversal on setoff losses of JCPML (Erstwhile Henkel Marketing India

Ltd.) with JLL in FY2017.

o Basic EPS (Non annualized) at Rs. 4.18 v/s Rs. 5.91

FY18 v/s FY17

o Net Revenue at Rs. 1,763.8 crore v/s Rs. 1,656.3 crore (GST comparable), up

by 6.5%

o Operating EBIDTA margin at 15.4% v/s 15.5% (On GST Adjusted sales)

o PBT at Rs 240.7 crore v/s Rs 178.7 crore, up by 34.8% (current period includes

Rs 37 crore on profit on sale of land)

o Net Profit at Rs. 178.9 crore v/s Rs. 204.2 crore, down by 12.2% due to tax

reversal on setoff losses of JCPML (Erstwhile Henkel Marketing India

Ltd) with JLL in FY2017.

o Basic EPS at Rs. 9.84 v/sRs. 11.24

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Mumbai, May 16, 2018: Jyothy Laboratories Ltd (JLL), the Indian FMCG company, today reported a Net

Revenue of Rs. 516.8 crore for the quarter ended March 31,2018 v/s Rs. 441 crore (GST comparable), up

by 17.2%. During the same period, the Net Profit stood at Rs. 76 crore v/s Rs. 107.4 crore, down by

29.3% due to tax reversal on setoff losses ofJCPML (Erstwhile Henkel Marketing India) with JLL

in FY2017.

The Operating EBIDTA margin for the quarter stood at 17.1% as against 13.8% (On GST Adjusted sales) in

Q4FY17. Profit before Tax at Rs 107 crore vs Rs 44.6 crore, up by 140% (current period includes

Rs 37 crore on profit on sale of land). The company reported Basic EPS of Rs. 4.18 as against Rs. 5.91

in the corresponding quarter of last year.

For the year ended March 31, 2018, JLL reported Net Revenue of Rs. 1,763.8 crore as against GST

comparable Net Revenue of Rs. 1,656.3 crore of previous fiscal, up by 6.5%. Net Profit for the year stood

at Rs. 178.9 crore compared to Rs. 204.2 crore of previous fiscal; down by 12.2% due to tax reversal on

setoff losses of JCPML (Erstwhile Henkel Marketing India) with JLL in FY2017.

The Operating EBIDTA margin for the year ended March 31, 2018 was at 15.4% as against 15.5% (On GST

Adjusted sales) in FY17. Profit before Tax at Rs 240.7 crore v/s Rs 178.7 crore, up by 34.8% (current year

includes Rs 37 crore on profit on sale of land). The company reported EPS of Rs. 9.84 for the period as

against Rs. 11.24 in the corresponding period last year.

The Board of Directors recommended issue of Bonus shares to the members of the Company by

capitalization of the securities premium in the ratio of 1 (One) bonus equity shares of Re 1 each fully

paid for every 1 (one) existing equity shares of Re 1 fully paid up, held by the members as on record date

to be fixed later for the same.

The Board of Directors has also recommended dividend of Re 0.5 per equity share of Re 1 each for the

financial year 2017-18 on the proposed expanded capital base (on account of bonus issue).

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Consolidated Segmental Performance

• Fabric Care: Includes Fabric Whitener, Fabric Enhancer, Bar Soap, Detergent Powder

o Net Revenue for the quarter stood at Rs. 194.1 crore as against GST comparable Net

Revenue of Rs. 170.8 crore in Q4FY17, growth of 13.6%. Segment Results for the same

period stood at Rs. 51.4 crore over Rs. 41.5 crore.

o Revenues for FY18 stood at Rs. 723.3 crore, up 4.0% compared to Rs. 695 crore in FY17.

Segment Results for the same period were recorded at Rs. 165.2 crore as against Rs. 154.2

crore.

Dishwashing: Includes Dish Wash Scrubber and Scrubber Steel, Dish Wash Bar, Liquid and Powder

o Revenues for the quarter stood at Rs. 143 crore as against GST comparable Net Revenue of

Rs.118 crore, growth of 21.3%. Segment Results for the same period were recorded at Rs.

26.3 crore, as against Rs. 13.2 crore in Q4FY17.

o Revenues for FY18 stood at Rs. 529.1 crore, up 9.0% as against Rs. 485.4 crore in FY17.

Segment Results for the same period stood at Rs. 74.5 crore over Rs. 64.7 crore.

Household Insecticides: Includes Mosquito Repellent Coil, Liquid and Card

o Revenues for the quarter stood at Rs. 111.6 crore as against GST comparable Net Revenue

Rs. 102.6 crore, growth of 8.7%. Segment Results for the same period were recorded at

Rs. 7.5 crore, as against Rs. 1.95 crore in Q4FY17.

o Revenues for FY18 stood at Rs. 243.9 crore as against Rs. 244.2 crore in FY17. Segment

Results for the same period stood at Rs. 3.8 crore over Rs. 4.1 crore.

Personal Care: Includes Body Soap, Face Wash, Toothpaste, Deo Classic, Talcum Powder, After

Shave, Moisturizer

o Revenues for the quarter stood at Rs. 49.3 crore up 56.2% as against GST comparable Net

Revenue Rs. 31.6 crore. Segment Results for the same period were recorded at Rs. 3.5 crore,

as against Rs. 6.6 crore in Q4FY17.

o Revenues for FY18 stood at Rs. 189.9 crore, up 23.1% as against Rs. 154.2 crore in FY17.

Segment Results for the same period stood at Rs. 28 crore over Rs. 30.2 crore.',^^

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Commenting on the performance, Mr. M P Ramachandran - Chairman & Managing Director, Jyothy

Laboratories Ltd said, "The FMCG sector witnessed uncertainties due to GST and the Demonetization

effect. Although, the sector had mixed reactions, we at Jyothy Laboratories were sure of its long term

benefits to the sector and the company. Though the first quarter of the year under review was very

negative. Second, third & fourth quarters have shown excellent progress and hope to continue the

progress in the coming quarter also.

"The significant growth that the company has achieved in the previous quarter has assured us that we

are taking necessary steps. The rural and urban demand is expected to grow due to many factors such as

predicted good monsoon & initial signs have already kicked in. We will continue to invest on our

individual brands and focus upon providing the best quality across categories without compromising

margins as stated before," Mr Ramachandran added.

ABOUT JYOTHY LABORATORIES:

Jyothy Laboratories Ltd, a fast moving consumer goods Company was founded in 1983 by Mr. M P

Ramachandran. Over the years the company has evolved from a single product proprietary firm into a

multi brand, BSE & NSE listed company involved in the manufacturing and marketing of products in

fabric care, mosquito repellant, surface cleaning, personal care and incense sticks.

The company boasts of 10 brands in its kitty including Ujala, Maxo, Exo, Henko, Pril, Margo, Neem,

Chek and Mr. White that are well-known and established brands in their respective categories.

The company is also engaged into service sector in organized laundry to provide "World class laundry at

affordable price at your doorstep" through its subsidiary 'Jyothy Fabricare Services Limited'.

For more information, please contact:

Sarah Rajan

Adfactors PR

M:+91 9920495218

E-mail: sarah.kadiryeju@adfactorspr.com

Priya Mishra

Adfactors PR

M:+91 9769994866

E-mail: priva.mishra@adfactorspr.com

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