Patanjali Foods Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 25, 2023 at 12:49 pm
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Patanjali Foods Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 79,266.4 million compared to INR 62,804.61 million a year ago. Revenue was INR 79,637.54 million compared to INR 63,011.99 million a year ago. Net income was INR 2,691.88 million compared to INR 2,340.72 million a year ago. Basic earnings per share from continuing operations was INR 7.46 compared to INR 7.91 a year ago. Diluted earnings per share from continuing operations was INR 7.46 compared to INR 7.91 a year ago.
For the nine months, sales was INR 236,517.32 million compared to INR 175,416.51 million a year ago. Revenue was INR 238,585 million compared to INR 176,081.85 million a year ago. Net income was INR 6,227.33 million compared to INR 5,718.78 million a year ago. Basic earnings per share from continuing operations was INR 17.25 compared to INR 19.34 a year ago. Diluted earnings per share from continuing operations was INR 17.25 compared to INR 19.34 a year ago.
Patanjali Foods Limited is an India-based company, which is engaged in edible oil business oil palm plantation company. The Companyâs segments include Edible oils, Food & FNCG, and Wind Turbine Power Generation. The Edible oils segment includes crude oils, refined oils, vanaspati, bakery fats, seed extractions and other. The Food & FMCG segment includes various types of food products, nutraceuticals, biscuits, noodles, breakfast, cereals, textured soya protein, and other related products. The Wind Turbine Power Generation segment is engaged in electricity generation from windmills. The Companyâs product categories include Biscuit Division, Ruchi Sunlight Oil, Mahakosh Oil, Sunrich Oil, Ruchi Gold Oil, Nutrela Oil, Nutrela Soya Foods, Nutrela New Products, Ruchi Star Soyabean Oil, Vanaspati, Bakery Fats, and Nutraceutical Division. The Companyâs subsidiaries include Contemporary Agro Private Limited and Rishikrishi Farming Private Limited.
PATANJALI FOODS LIMITED 
