Friday, 09 February 2024 | PNS | DEHRADUN
Patanjali Foods Limited has announced its unaudited financial results for the quarter and nine month ended December 31, 2023. According to a statement issued by the company, in Q3FY24, the total revenue from operations stood at Rs 7,910.70 crore registering a marginal increase over Q2FY24. The food and FMCG segment achieved the highest quarterly revenue of Rs 2,498.62 crore in Q3FY24 versus Rs 1,523.11 crore in Q3FY23, achieving a growth of 64.05 per cent. The food and FMCG segment accounted for 31.59 per cent of total revenue from operations in the current quarter.
In 9MFY24, the company achieved total revenue from operations of Rs 23,499.69 crore of which food and FMCG segment sales were Rs 6,938.71 crore. The contribution of food and FMCG segment to the total revenue from operations increased to 29.53 per cent in 9MFY24 from 18.66 per cent in 9MFY23. The company achieved EBITDA of Rs 390.63 crore in Q3FY24 with EBITDA from operation margin of 4.94 per cent. In 9MFY24, EBITDA stood at Rs 1,021.82 crore with EBITDA from operations margin of 4.35 per cent. The quarterly PAT was Rs 216.54 crore versus Rs 254.54 crore in Q3FY23 and the PAT margin was 2.74 per cent versus 3.24 per cent in Q2FY24.
