On Tuesday Patanjali Foods declared their Quarter 4 results. Company has reported a 21.76 percent decline in net profit at Rs 206 crore for the quarter ended 31 March, 2024 on back of sluggish demand dragging overall sales down in its mainstay edible oils business amid a surge in expenses.The topline increased by 4.43% & the profit decreased by 21.76% YoY. As compared to the previous quarter the revenue grew by 3.93% and the profit decreased by 4.72%.
Currently the Patanjali Foods has a market cap of ₹48326.31 Cr and 52wk high/low of ₹1713.8 & ₹931.2 respectively.
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