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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Jyothy Labs to expand Exo into broader dishwash franchise after Henkel brands exit portfolio
PTI · 2026-06-21 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Home-grown FMCG firm Jyothy Labs, which is "cautiously optimistic" about growth in FY27, is expanding Exo into a broader dishwash franchise, as German consumer goods major Henkel AG & Co. KGaA exited its licensing arrangement for Pril and Fa brands in India.

As part of the licence agreements, Jyothy Labs held the rights for manufacturing, distribution, marketing and sale of products under the brands, Pril and Fa.

Jyothy Labs will continue to focus on premiumisation, innovation, brand investments and distribution expansion despite persistent inflationary pressures and geopolitical uncertainties, Chairperson and Managing Director M R Jyothy said in an address to shareholders in its latest annual report.

Jyothy said Henkel has communicated its decision not to renew licence agreements related to the Pril and Fa brands beyond May 31, 2026. The company is building Exo into a broader dishwash franchise.

"Exo has for many years been a trusted name in dishwash, with deep strength in the bar segment and an established presence in dishwash liquid. Building on this foundation, Exo will now be developed as an owned brand platform across formats," she said.

The company said the newly launched Exo variants in dishwash bar and liquid formats are receiving encouraging consumer response and are expected to support volume-led sales growth, premiumisation, and market share gains.

Jyothy Labs has major "power brands" such as Ujala, Exo, Maxo, Henko and Margo.

Looking ahead, Jyothy said the company remains "cautiously optimistic" on growth, although crude-linked input costs and geopolitical uncertainties could keep inflation elevated and impact consumer spending.

"The external environment remains challenging and uncertain. Crude-linked input costs and geopolitical uncertainty may keep inflation elevated and affect overall consumer spending. Rural demand may also remain sensitive to farm incomes and monsoon outcomes," she said.

However, the company will continue executing its growth strategy centred on scaling up recent product launches, strengthening premium offerings and driving volume-led growth through innovation and distribution expansion.

Jyothy Labs reported a 3.5 per cent growth in revenue in FY26, while volumes rose 6 per cent despite a challenging macroeconomic environment marked by elevated input costs and uneven urban demand.

The company also witnessed strong traction in e-commerce and quick commerce channels, which grew 26 per cent during the year. It added around one lakh retail outlets, taking its direct reach to more than 1.4 million outlets across India.

Published on June 21, 2026