New Delhi: There has been a steady rise in the profit and revenue of Indian FMCG company Patanjali Foods. This is the reason why Baba Ramdev’s company is competing with the big FMCG companies successfully. If we see fourth quarter figures, then there has been a jump of 74 percent in the profit of the company.
At the same time, there has also been an increase in the revenue of the company. The interesting thing is that the company has not only released the figures of the fourth quarter, but also revealed the data of entire financial year which has shown an increase in the company’s revenue. Earlier, the shares of the company had seen a rise of about one and a half percent.
Increase in profit and revenue in the fourth quarter
Patanjali Foods Limited reported a standalone net profit of Rs 358.53 crore for the January-March quarter of the previous financial year (2024-25) , marking a 74% surge from the Rs 206.31 crore net profit in the same quarter of the 2023-24 financial year. In a notification to the stock exchange on Thursday, the company also stated that its total income for the fourth quarter stood at Rs 9,744.73 crore, compared to Rs 8,348.02 crore in the same quarter of 2023-24.
Total profit in entire financial year
If we talk about financial year 2024-25, then there has been a tremendous rise in the profit of the company. Looking at the figures, the net profit of the company increased to Rs 1,301.34 crore, which was Rs 765.15 crore in the financial year 2023-24. If we talk about revenue, then the total income of the company increased to Rs 34,289.40 crore in the financial year 2024-25, which was Rs 31,961.62 crore in the financial year 2023-24.
Rise in company shares
On Thursday, Patanjali shares saw a rise in the stock market. If we look at the data, the company’s stock closed at Rs 1811.35 with a gain of 1.41 percent i.e. Rs 25.20 per share. While the company’s stock reached a high of Rs 1824 during the day. However, the company’s stock opened at Rs 1795.95. The 52-week high of Patanjali Foods stock is 2,030, which was seen on September 4, 2024. At present, the company’s valuation is Rs 65,603.03 crore.
Patanjali Foods Limited reported a standalone net profit of Rs 358.53 crore for the January-March quarter of the previous financial year (2024-25) , marking a 74% surge from the Rs 206.31 crore net profit in the same quarter of the 2023-24 financial year. Business Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
