Patanjali to be 'non-profit' firm, aims to beat HUL next year in sales

Ramdev pointed out that Patanjali has spent over Rs 100 billion by now in charity

Yoga guru Baba Ramdev told Mint newspaper that he intends to  turn Patanjali Ayurved Ltd into a 'non-profitable' firm to enable reinvestment of the firm's profit back to the society.  On Tuesday, the Haridwar-based company also announced its foray into e-commerce for its FMCG items, partnering major players in the space, including Amazon and Flipkart, and targeting over Rs 10 billion (Rs 1,000 crore) this year itself.

Addressing a press conference, Ramdev said: "We believe our partnerships with e-commerce players will help take Patanjali products to more consumers in urban and rural regions in a convenient and efficient manner. We