ResultsEconomic Times
Patanjali Foods reports muted rural demand amid inflation
Positive+33Company event
GreyOak summary
Patanjali Foods reported September quarter revenue of Rs 11,323 crore, up 16% year-on-year, despite muted rural demand due to rising inflation. Food inflation reached 8.94% in October, impacting input costs like wheat and soybean. The company expects festive and winter demand to support growth in the second half of FY27.
What it affects
- Patanjali FoodsPATANJALIPositive +33
Revenue up 16% QoQ; rural demand muted.Rolling sentiment Negative -36
- CPI inflationNegative -23
Food inflation rose to 8.94% in October.Rolling sentiment Negative -61
Source
Read the original at Economic TimesMore Patanjali Foods news
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