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Patanjali Foods Q2 Results: Net profit falls 19% YoY to Rs 420 crore, revenue rises 16%

The FMCG company’s revenue from operations meanwhile increased 15.55% YoY to Rs 11,322.58 crore during the second quarter of FY27, from Rs 9,798.84 crore in the corresponding quarter of the previous financial year. Its total expenses rose around 18% YoY to Rs 10,997.51 crore during the quarter under review, from Rs 9,344.98 crore in the year-ago period.

Patanjali Foods reported a 19% decrease in net profit for Q2 2027, compared to the same period last year. Revenue from operations, however, rose by 15.55% year-on-year to Rs 11,322.58 crore. Total expenses increased by approximately 18% YoY to Rs 10,997.51 crore. The company attributed the profit decline to inflationary pressures, with retail inflation reaching its highest level since 2026.

Rural markets experienced sharper price pressures due to a deficient monsoon and El Niño conditions. Despite challenges, the company's demand environment remained supportive during the festive season. Patanjali Foods' edible oils business saw a 22% YoY increase in revenue, while FMCG business grew marginally. CEO Sanjeev Asthana attributed the performance to the company's integrated business model and resilient segments. The company expects growth momentum to continue in the upcoming festive and wedding seasons.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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