Patanjali’s fourth-quarter profit declined by 22% to ₹ 206 crore: Annual income increased by 4%, company’s shares gave 40% return in one year.

Patanjali Foods Limited’s profit in the fourth quarter (January-March) of FY24 declined 22% year-on-year (YoY) to ₹206 crore. The company’s net profit in the same quarter a year ago was ₹264 crore. Patanjali has released its fourth quarter and annual results today i.e. on 14th May. Income increased by 4% on an annual basis. Revenue from the operations of the food processing company has increased by 4% on an annual basis. Revenue from operations stood at ₹8,221 crore in Q4FY24. Revenue in the same quarter a year ago i.e. fourth quarter of FY23 was ₹7,910 crore. The company’s profit decreased by 13.65% in the financial year 2024. The company’s profit decreased by 13.65% to ₹ 765 crore in the entire financial year 2024. The profit in FY 2023 was ₹886 crore. Revenue in FY 2024 stood at ₹ 31,721 crore, while the company’s revenue from operations increased to ₹ 31,721 crore in FY 2024. Revenue in FY 2023 was ₹31,524 crore. That means revenue has increased by 0.62%. Patanjali gave 40.30% return in the last one year. Before the results, Patanjali shares closed 0.46% higher at ₹ 1,337. It has given 40.30% returns in the last one year. The market cap of the company is Rs 48.29 thousand crore. Consolidated profit means the performance of the entire group. The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas, in the consolidated financial report, the entire company is reported.

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