×
341
Fashion Jobs
NIKE
India Logistics Partner Management Manager
Permanent · Bengaluru
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Chatra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager (up)
Permanent · Mirzapur
FINO PAYMENTS BANK
Territory Sales Manager - Merchant & Distributor Onboarding - wb
Permanent · Cooch Behar
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
MUTHOOT FINCORP LTD
Area Manager - Chennai
Permanent · Chennai
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Katihar
VIJAY SYSTEMS ENGINEERS PVT LTD ( UMBERGOAN)
Production Manager
Permanent · Vapi
VIDVAS HR SOLUTIONS PRIVATE LIMITED
sr Manager - Production . Only Leather Bags Exp - Chennai
Permanent · Chennai
SHREE SADGURU MASALA & SPICES IND PVT LTD
Regional Sales Manager
Permanent · Navi Mumbai
MAGNATEK ENTERPRISES
Looking For Area Sales Manager
Permanent · Chennai
BANDHAN LIFE SCIENCE PRIVATE LIMITED
Area Sales Manager
Permanent · Kolkata
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Ludhiana
FIRST SOLUTION
Agency Development Manager/Recruitment Development Manager(Insurance)
Permanent · Pune
NCL INDUSTRIES LIMITED (BISON PANEL)
Area Sales Manager - Hyderabad (Boards Division)
Permanent · Hyderabad
LN GLOBAL CAREER SERVICES LLP
Required Regional Sales Manager For Pharmaceutical Company
Permanent · Chennai
LN GLOBAL CAREER SERVICES LLP
Required Zonal Sales Manager For Pharmaceutical Company
Permanent · Chennai
LEVI'S
Group Product Manager
Permanent · Bengaluru
AVENUE SUPERMARTS LIMITED
Excellent Opportunity With Dmart _ Production Managers
Permanent · Chikmagalur
ENOAH I SOLUTION INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Bengaluru
KISHOR EXPORTS
Garment Technician
Permanent · Agra
Published
Oct 30, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jyothy Labs to focus on expansion, premiumisation to boost margins

Published
Oct 30, 2019

FMCG major Jyothy Laboratories Ltd as part of its growth strategy amidst the ongoing slowdown has decided to expand its retail reach and focus on premiumisation to boost sales.
 

Jyothy Labs to focus on expansion, premiumisation to boost margins - Jyothy Labs


The company will be expanding its retail reach especially in the rural areas and focus on premiumisation of its products in the urban areas to improve its profitability and margins.
 
Jyothy Labs is hoping for a revival during the second half of the fiscal year after poor results in the first half. The company expects strong growth in the next two quarters and has also increased its advertising budget by three percent to create more demand.

“The company has increased its retail reach in both rural and urban areas to a million outlets, up from the reach of 8 lakh outlets it had three months ago,” Ullas Kamath, joint managing director at Jyothy Labs, told BusinessLine.
 
“Sixty percent of Jyothy Labs’ business accrues from the urban market and the rest 40 percent from the rural market. The only way you can improve the margin profile is by putting more products in the premium segment,” he added.
 
Jyothy Laboratories Ltd had reported a profit of Rs 54 crore ($7.7 million) for the second quarter with sales revenue of Rs 475 crore.

Copyright © 2021 FashionNetwork.com All rights reserved.