Patanjali Q1 Results: Net profit triples to Rs.  262.9 crores

Patanjali Q1 Results: Net profit triples to Rs. 262.9 crores

New Delhi: Fast-moving consumer goods (FMCG) brand Patanjali Foods in the same quarter last year posted Rs. 87.8 crore in the quarter ended June 2024, net profit tripled to Rs. 262.9 crore was recorded.

7,767.1 crore in the first quarter of fiscal 2025, down 7.6% year-on-year to Rs. 7,173.1 crores. Earnings before interest, tax, depreciation and amortization (EBITDA) more than doubled year-on-year. 453.08 crore.

Export revenue of the company is Rs. 53.33 crore, which caters to 22 countries.

Profits were driven by reduced volatility in edible oil prices and stable performance in the FMCG portfolio.

The edible oil segment this quarter posted Rs. 5,330.33 crore in sales, compared to Rs. 5890.73 crores.

The food and FMCG segment grew by Rs. 1,953.55 crore posted flat revenue, contributing 26.77% to the total revenue generated from operations.

The board of directors has approved the acquisition of the home and personal care business of Patanjali Ayurveda Limited (PAL) on a dilutive sales basis on 1St July 2024 Rs. 1,100 crore, subject to regulatory approval.

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