Patanjali Foods shares to be in focus on Monday as Q1 net profit jumps 86%; revenue hits record
New Delhi, Aug. 14 -- Patanjali Foods shares will be in focus on Monday's trade after the company reported a strong set of June-quarter numbers, with consolidated net profit jumping 86% year-on-year (YoY) to Rs.335.73 crore, compared with Rs.180.36 crore in the corresponding quarter last year.
The company posted its highest-ever quarterly revenue, with revenue from operations rising 29.3% YoY to Rs.11,337.45 crore, compared with Rs.8,766 crore a year ago, while increasing 1.6% sequentially from Rs.11,155.60 crore in the March quarter.
On the operating front, EBITDA increased 69.1% YoY to around Rs.543.27 crore, compared with Rs.321.15 crore in the year-ago period, while the EBITDA margin improved to 4.8% from 3.7%. Sequentially, EBITDA ...
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