November 22, 2024 20:22 (IST)
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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

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's Ruchi Soya raises Rs 1,290 crore from anchor investors

Patanjali's Ruchi Soya raises Rs 1,290 crore from anchor investors

Patanjali-backed FMCG company Ruchi Soya Industries raised Rs 1,290 crore from 46 anchor investors on March 23, a day before its follow-on public offering (FPO).