Jyothy Labs margin halves on West Asia crisis, Henkel exit

Jyothy Labs is a company that makes everyday products like detergents, dishwashing liquid and soap.

Recently, the company started making much less money from its main business.

Two things caused this.

First, a conflict in West Asia pushed oil prices very high, making the ingredients for its products expensive.

Second, a German company called Henkel stopped letting Jyothy sell its Pril and Fa brands, ending a partnership that had lasted 15 years.

The company's leader said the higher costs will not go away immediately.

Jyothy is now launching new products, like a dishwashing liquid called Exo, to make up for what it lost.

The company is also going to court about the Henkel decision.

Jyothy says it hopes to grow again soon, but several financial experts were not impressed with the results.