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GQG Partners raises stake in Patanjali Foods by 1.24% for Rs 835 cr

GQG Partners raises stake in Patanjali Foods by 1.24% for Rs 835 cr

Sep 14, 2024, at 06:50 am

Mumbai: Billionaire Rajiv Jain-backed GQG Partners increased its stake in Patanjali Foods by acquiring a 1.24% holding from promoter group entity Patanjali Ayurved Ltd for approximately Rs 835 crore in an open market transaction on Friday, media reports said.

Patanjali Foods Q1FY25 net profit soars 200% YoY to Rs 263 cr

Patanjali Foods Q1FY25 net profit soars 200% YoY to Rs 263 cr

Jul 20, 2024, at 02:57 am

Mumbai: Indian fast-moving consumer goods (FMCG) company, Patanjali Foods, reported a massive 200 percent rise in net profit YoY to Rs 262.9 crore in the first quarter ending June 30, 2024, media reported.

Patanjali Foods Q4FY24 profit drops 22% to Rs 206 cr due to weak demand

Patanjali Foods Q4FY24 profit drops 22% to Rs 206 cr due to weak demand

May 15, 2024, at 06:00 am

Mumbai: Patanjali Foods, co-founded by Yoga guru Baba Ramdev and Acharya Balkrishna, reported a 22% drop in fourth-quarter profit on Tuesday, mainly due to weak demand that hurt overall sales in its core edible oils business and rising expenses.

Patanjali Foods Q1FY24 PAT drops 64%

Patanjali Foods Q1FY24 PAT drops 64%

Aug 12, 2023, at 04:55 am

Mumbai: Patanjali Foods Ltd reported a 64 percent drop in its net profit, amounting to Rs 87.75 crore during the first quarter of the current fiscal year the net profit for the same period in the previous year was Rs 241.25 crore.