Now Reading: Patanjali Foods Q1 net profit jumps 87% to Rs 336 crore
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Patanjali Foods Q1 net profit jumps 87% to Rs 336 crore
Patanjali Foods reported an 86.7% rise in consolidated net profit to Rs 336 crore for the quarter ended June 30, compared with Rs 180 crore a year ago, according to results announced…
The Story in Brief
Patanjali Foods reported an 86.7% rise in consolidated net profit to Rs 336 crore for the quarter ended June 30, compared with Rs 180 crore a year ago, according to results announced on August 14. Revenue from operations rose 29.3% to a record Rs 11,337 crore, driven by edible oils and FMCG. The edible oils segment revenue grew 27.3% to Rs 8,505 crore, while the FMCG business, including the Biscuits division, posted a 35.3% jump. The Doodh biscuit brand generated Rs 400 crore in quarterly revenue.
The board declared a third interim dividend of Rs 1.5 per share for FY26 and a first interim dividend of Rs 0.8 per share for FY27, with August 21, 2026, as the record date. EBITDA rose 68.3% to Rs 542 crore, and the margin expanded to 4.8% from 3.7%. CEO Sanjeev Asthana attributed the performance to brand-building and distribution expansion. Acharya Balkrishna was re-appointed chairman.
The Indian Opinion
The narrative that Patanjali Foods' stellar quarter is solely due to its FMCG pivot misses the point, edible oils still contributed 75% of segment revenue, and palm oil volatility is an ongoing risk the company navigated with calibrated pricing. Claiming a 'record' without noting the sequential growth of just 1.6% in revenue would be misleading. The real test is whether this profit margin can hold if commodity prices turn adverse, and whether the Doodh biscuit brand can sustain its Rs 400-crore run rate in the next quarter.
Sources (3): ndtvprofit.com, livemint.com, ndtvprofit.com (2)
This story was synthesised by AI from the 3 sources linked above.
