Mr. M. P. Ramachandran established Jyothy Labs Limited in Thrissur, Kerala, in 1983. starting off small as a manufacturer of just one product and one unit. The company has expanded tremendously to become a dominant FMCG operator with a presence throughout all of India and a number of well-known brands.
Financial Results:
- MRF Limited reported Total Income for Q4FY23 of ₹ 623 Crores up from ₹ 552 Crore year on year, a rise of 13%.
- Total Expenses for Q4FY23 of ₹ 541 Crores up from ₹ 508 Crores year on year, a rise of 6.5%.
- Consolidated Net Profit of ₹ 59 Crores, up 60% from ₹ 37 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 1.61, up 56% from ₹ 1.03 in the same quarter of the previous year.