Patanjali Foods profit slumps over 60%
- 11-Aug-2023
India’s Patanjali Foods on Friday reported a 63.6% drop in first-quarter profit as high costs dented margins. The Ruchi Gold oil maker’s net profit after tax fell to 877.5 million rupees ($10.60 million) for the quarter ended June 30, from 2.41 billion rupees a year earlier. Total revenue from operations increased 7.7% to 77.67 billion […]