Patanjali Foods reports 46 percent profit rise
Patanjali Foods recorded a 46 percent rise in net profit to 524 crore rupees for the fourth quarter. Growth was supported by higher cooking oil volumes and steady consumer demand.
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Strong results from Indian consumer staples firms can affect global commodity demand for edible oils.
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Patanjali Foods recorded a 46 percent rise in net profit to 524 crore rupees for the fourth quarter. Growth was supported by higher cooking oil volumes and steady consumer demand.
Patanjali Foods achieved notable profit growth in its latest results even while facing continued margin compression.