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Patanjali stabilises biz after a year of faltering sales; revenue up 2.4%

The top line growth for Patanjali that once used to grow by leaps and bounds - between 2012-13 and 2016-17 - has come down since

Patanjali
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Arnab Dutta New Delhi
After a year of faltering sales, Patanjali Ayurved has managed to address the slide. 

The ayurveda major clocked Rs 8,330 crore turnover for 2018-19, 2.4 per cent higher than Rs 8,136 crore it had posted in 2017-18, according to its fillings with the Registrar of Companies. While the company did not reveal its profit or loss for the period, according to its fillings, food and beverages was the largest category — accounting for 62.23 per cent or Rs 5,184 crore of its total sales.

Chemical-based products, pharmaceuticals, medicinal chemicals and botanical products — primarily representing its personal care range — contributed 34.99