Business Standard

Patanjali Ayurved far from glory days even as revenue and profit rise

While the company's operating revenue grew 6%, net profit jumped 22% in FY2020

Patanjali
Premium

Patanjali Ayurved rakes in over 80 per cent of the Patanjali Group’s total revenue

Arnab DuttaPTI
Indigenous fast-moving consumer goods (FMCG) major Patanjali Ayurved has reported 22 per cent growth in its net profit for 2019-20 (FY20).

According to the financial data accessed by business intelligence platform Tofler, the group’s flagship entity reported Rs 423 crore net profit for the year, compared to Rs 349 crore it had posted in 2018-19 (FY19).

Patanjali Ayurved, that rakes in over 80 per cent of Patanjali Group’s total revenue, said in its annual filings with the Registrar of Companies that its operating revenue grew 6 per cent to Rs 9,023 crore in FY20.

The firm’s top-line growth remained higher

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 13 2020 | 7:16 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com