# Jyothy Labs margin halves on crude costs, Henkel exit 2026-08-12T19:55:09+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets Jyothy Labs' operating margin nearly halved to 8.4% in the April-June quarter, from 16.5% a year earlier, as raw material costs surged on the West Asia war and German partner Henkel AG ended a 15-year licensing deal for Pril and Fa brands in May. The Ujala maker's net profit fell to Rs 47.6 crore from Rs 96.8 crore. Revenue rose 3% to Rs 773 crore. Excluding Pril and Fa, value growth was 8.1% and volume growth 5.3%. Chairperson M.R. Jyothy said price hikes were not enough to offset inflation, with relief expected only from October. The company expects double-digit growth in FY27, excluding Pril. JM Financial downgraded the stock to Reduce with a target of Rs 205. ## Coverage - livemint.com - thehindubusinessline.com Tags: crude oil prices, Henkel exit, Jyothy Labs, margin fall, Q1 results Canonical: https://indianopinion.org/jyothy-labs-margin-halves-on-west-asia-crisis-and-henkel-exit/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/jyothy-labs-margin-halves-on-west-asia-crisis-and-henkel-exit/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.