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 […]
Patanjali Foods has unveiled an ambitious growth plan aimed at achieving an operational profit of Rs 5,000 crore and a turnover exceeding Rs 50,000 crore in the next five years. In an interview with the news agency PTI, Ramdev expressed the company’s strong desire to expand its food and FMCG business, as well as its […]
Patanjali Foods Limited has signed a Memorandum of Understanding with the Telangana government to establish a food processing unit in the Nalgonda district. The company was formerly known as Ruchi Soya Industries Limited. The food processing unit will come up at Uppalancha village with a capital investment of Rs 1,050 crore, Patanjali Foods informed stock […]
The promoters of Patanjali Foods on Thursday said they do not foresee any adverse or negative impact on the financial position of the company owing to the instant freeze of promoters’ shareholding by the stock exchanges. Earlier, the stock exchanges had put a freeze on the shares owned by the promoters for not meeting the […]
