Sunday, December 15, 2024

Patanjali Foods

The Competition Commission of India (CCI) has given the green light to Patanjali Foods' acquisition of Patanjali Ayurved's home and personal care division in a deal worth INR 1,100 crore. "The͏͏ proposed͏͏ combination͏͏ involves͏͏ the͏͏ acquisition͏͏...
Rajiv Jain-led GQG Partners has raised its stake in Patanjali Foods by acquiring over 4.5 million shares, or 1.24% of its equity, for INR 834.3 crore, as per exchange data.As of the end of the June...

Patanjali Foods’ Q1 net profit soars threefold to INR 262.90 Cr

Patanjali Foods Ltd, act͏ive in the edible oils and͏ FMCG sectors, saw its standalone n͏et profit͏ ͏surge three͏fold to͏ I͏NR 262.90 crore in the...

Patanjali Foods to acquire Patanjali Ayurved’s home and personal care business for INR 1,100 Cr

Li͏sted FMCG company Patanjali Foods announced on Monday that it ͏wil͏l acquire Patanjali Ayurved's home and personal care business for INR 1,͏100 crore. This...

Patanjali Foods assures unaffected business amid Supreme Court remarks on Ayurvedic ads

Patanjali Foods, a subsidiary of the Baba Ramdev-led Patanjali Group, affirmed that its business operations and financial performance will remain unaffected by the recent...

Patanjali Foods’ Q3FY24 net profit falls 19.55% to INR 216.54 crore

Patanjali Foods, an Indian fast-moving consumer goods company, reported a 19.55% decline in its net profit to INR 216.54 crore for the quarter ending...

Patanjali Foods targets INR 1,000 Crore sales in masala segment, eyes new growth frontiers

Patanjali Foods is targeting INR 1,000 crore in sales within the masala business, viewing this category as the next frontier for growth.Baba Ramdev, serving...

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,...

Patanjali Foods set to exit ASM framework, easing investor concerns

According to a circular issued by the National Stock Exchange of India, Patanjali Foods is set to exit the additional surveillance framework under the...

Patanjali Foods faces double whammy: Q1 profits plummet 64% YoY, shares dip 5%

Patanjali Foods witnessed a significant decline of almost 5%, with its shares falling to INR 1,232 during Monday's trading session on the BSE. This...

Patanjali Foods attracts US investment as GQG Partners acquires 5.96% stake via OFS

Patanjali Foods, an edible oil firm promoted by Baba Ramdev-led Patanjali Ayurved, has received a significant investment from the US-based investment firm GQG Partners....

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