Edible Oil
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Despite lower revenue, Patanjali Foods reports surging Q2 profits
On Wednesday, Patanjali Foods announced a profit for the second quarter that more than doubled. This surge was driven by a decline in expenses,...
India and Brazil strengthen trade ties with MoU for soybean oil imports
The Solvent Extractor's Association of India (SEA) and the Brazilian Association of Vegetable Oil Industries (ABIOVE) have entered into a memorandum of understanding (MoU)...
Bootstrapped agritech startup Agriall sets new industry standard with $4M turnover in just 3 months
Agriall, a self-financed agritech startup, has demonstrated remarkable entrepreneurial acumen by establishing a new industry standard. Within a mere three months, they achieved an...
Sunpure diversifies offerings with the introduction of Sunpure Multigrain Atta
Sunpure, South India's leading edible oil brand, is delighted to unveil Sunpure Multigrain Atta. In alignment with the United Nations' declaration of 2023 as...
India marks a 19% decline in edible oil imports due to soaring palm oil inventory
India's edible oil imports experienced a 19% decline in September compared to the previous month's record high. This drop was primarily attributed to a...
Godrej Agrovet to invest INR 300 Crore in integrated palm oil complex in Telangana
Godrej Agrovet Ltd (GAVL) on Saturday unveiled its ambitious plan to develop an integrated palm oil complex in Telangana. This project involves a substantial...
MK Agrotech appoints Sridhar Vaidyanathan as new COO to drive growth
MK Agrotech, the parent company of the esteemed edible oil brand Sunpure, has officially named Sridhar Vaidyanathan as their newly appointed Chief Operating Officer,...
FMCG giants predict stable edible oil prices amid festive season, warn of El Nino impact next year
Executives from top fast-moving consumer goods (FMCG) companies have reassured that edible oil prices are unlikely to surge during the upcoming festive season, despite...
Patanjali Foods Q1 performance: Net profit drops 64% YoY to INR 878 Crore, sales show 8% growth
Patanjali Foods on Friday experienced a nearly 64% year-on-year (YoY) dip in net profit for the quarter ending in June 2023, totaling INR 878...
India’s edible oil imports hit record high in July, surging to 1.76 million metric tonnes
India's edible oil imports reached a new pinnacle in July, surging to a record-breaking 1.76 million metric tonnes. This substantial rise can be attributed...
Emami Agrotech brings relief to consumers – Slashes MRP of popular edible oils amidst global price drop
In a recent media release on Thursday, Emami Agrotech, the edible oil and food-manufacturing division of the Emami Group, announced that it has consistently...
Edible oil brand Sunpure forays into mustard oil segment, aims for INR 25 Crore revenue
Edible oil brand, Sunpure, has taken a significant step forward by venturing into the Mustard oil segment. With ambitious plans, the company aims to...