Food and FMCG
Patanjali Foods' Net Profit Plunge By 64% In Q1FY23
Brands Companies Food News

Patanjali Foods’ Net Profit Plunge By 64% In Q1FY23

Patanjali Foods saw a significant decline in its net profit for the first quarter of 2023. The company’s financial results revealed a nearly 64 per cent year-on-year (YoY) plunge in net profit, settling at Rs 878 crore. But despite this setback, the company experienced a growth of almost 8 percent in revenue from operations, reaching […]

Read More
Adani Wilmar Q1 Revenue Declines 12%, Food & FMCG Segment Grows 28%
Brands Companies FMCG Food News

Adani Wilmar Q1 Revenue Declines 12%, Food & FMCG Segment Grows 28%

Adani Wilmar reported a 12 per cent yearly decline in consolidated revenue during April-June 2023 quarter at Rs 12,928 crore. The company said the decline in revenue during the quarter was reflective of a steep decline in edible oil prices. The food and FMCG segment recorded a strong revenue growth of 28 per cent year-to-year […]

Read More