JHS Svendgaard Laboratories Q3 Result 2024: Date and Time, Share Price and Target

News: JHS Svendgaard Laboratories, a prominent player in the personal products sector, recently released its financial results for the third quarter of 2024. In this article, we’ll delve into the essential details, including the date and time of the announcement, share price movements, and the company’s performance targets.

Financial Highlights

Here are the key financial takeaways from JHS Svendgaard Laboratories’ Q3 2024 results:

1. Revenue: The company reported revenue of ₹166.4 million for Q3 2024, representing a 35% decline compared to the same period in 2023.
2. Net Income: JHS Svendgaard Laboratories achieved a net income of ₹126,000, a significant improvement from the ₹15.3 million loss in Q3 2023.
3. Profit Margin: The profit margin stood at 0.1%, indicating a positive shift from the net loss experienced in the previous year.
4. Earnings Per Share (EPS): The EPS for Q3 2024 was ₹0.002, a notable improvement from the ₹0.24 loss per share in Q3 2023.

Share Price Movement

Despite the positive financial indicators, JHS Svendgaard Laboratories’ shares faced a 12% decline over the past week. Investors should remain cautious and consider potential risks associated with the company.

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About JHS Svendgaard Laboratories :

1. Historical Background :

JHS Svendgaard Laboratories Limited, a leading oral care products manufacturer in India, has a rich history. Let’s delve into its journey:

1. Small Beginnings: The company started as a small-scale enterprise in August 1997 under the name Sunehari Svendgaard Laboratories Limited.
2. Incorporation: Recognizing its potential, the company was officially incorporated as JHS Svendgaard Laboratories Limited on October 8, 2004.

2. What Does JHS Svendgaard Do?

JHS Svendgaard specializes in manufacturing a wide range of oral and dental products. Here’s what they offer:

• Toothbrushes: From basic to innovative designs, JHS Svendgaard produces toothbrushes that cater to various needs.
• Toothpastes: Their toothpaste formulations focus on effective cleaning and maintaining oral health.
• Tongue Cleaners: These essential tools help keep your tongue fresh and clean.
• Whitening Gels: For those seeking a brighter smile, JHS Svendgaard offers whitening gels.

3. Key Highlights :

• Stock Market Presence: JHS Svendgaard is India’s No. 1 BSE & NSE listed company, making it a reliable long-term stock pick.
• Private Label Manufacturer: The company manufactures oral care products for both national and international brands.
• Quality Assurance: JHS Svendgaard ensures high-quality standards in all its products.

As investors, it’s essential to stay informed about JHS Svendgaard Laboratories’ performance. Keep an eye out for further updates, including any qualitative material that may impact the stock price.

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