New Delhi
Patanjali Foods Limited, which manufactures edible oil and daily use items, has seen its net profit triple to Rs 262.90 crore in the April-June quarter of the current financial year. Its net profit was Rs 87.75 crore in the same quarter a year ago. However, the company's income has seen a decline. Despite this, there has been an increase in net profit. The company's shares closed at Rs 1591.15 with a decline of 0.74 percent on BSE.
How is the company's performance in the stock market?
The performance of Patanjali Foods shares has not been very good during the last one year. In the last one year, this stock has been able to give a return of only 25.3 percent. On the other hand, people who have held the stock for a month have made a profit of 13.5 percent. The company's highest level in BSE is Rs 1,769.15 and 52 week low level is Rs 1,170.10. The market cap of Patanjali Foods is Rs 57,598.81 crore.
Has the company been paying dividends consistently?
The company last traded as an ex-dividend stock in March 2024. Then the company had given a dividend of Rs 6 per share. At the same time, in 2023, the company had given a dividend of Rs 6.
What is in the information given by Patanjali to the stock markets?
The company said on Friday that despite lower income, its profit has increased in the first quarter of this financial year. Total income declined to Rs 7,202.35 crore in the April-June quarter of this financial year. It was Rs 7,810.50 crore in the same quarter a year ago.
What work does the company do?
Promoted by Baba Ramdev-led Patanjali Ayurveda, the company is present in edible oil, food and daily use items and wind power generation sectors. It markets its products through brands such as Patanjali, Ruchi Gold, Mahakosh, Nutrila, etc.