Patanjali Foods reported a 200% YoY rise in net profit to Rs 262.9cr in Q1 FY25, despite a 7.6% decline in net sales.
Patanjali Foods, an Indian FMCG company, reported a 200% YoY rise in net profit to Rs 262.9cr in Q1 FY25, despite a 7.6% decline in net sales to Rs 7,173cr. The edible oil segment sales reached Rs 5,330.33cr, with branded edible oil sales accounting for 79.54%. Profitability was attributed to stable edible oil prices and strong food and FMCG portfolio performance. Patanjali Foods also saw a boost from new-age channels like e-commerce and quick commerce.
July 19, 2024
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