ResultsEconomic Times
Patanjali Foods Q2 profit falls 19% YoY to Rs 420 cr
GreyOak summary
Patanjali Foods reported a 19% year-on-year decline in net profit to Rs 420 crore for Q2 FY27, despite a 16% rise in revenue to Rs 11,322 crore. The company attributed the earnings drop to higher expenses driven by inflationary pressures, with retail inflation reaching 5.54% in September. Management noted resilient festive demand and expects continued growth momentum from upcoming wedding seasons.
What it affects
- Patanjali FoodsPATANJALINegative -66
Net profit fell 19% YoYRolling sentiment Negative -50
Source
Read the original at Economic TimesMore Patanjali Foods news
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