Patanjali Foods Q2 Net Profit Falls 19% to Rs 420 Crore Despite Revenue Growth

New Delhi: Patanjali Foods Limited on Saturday reported a nearly 19 per cent year-on-year decline in consolidated profit after tax (PAT) to Rs 419.77 crore for the second quarter of FY27, compared to Rs 516.70 crore in the corresponding period last year.

However, the company's revenue from operations increased 15.55 per cent to Rs 11,322.58 crore during the July-September quarter, against Rs 9,798.84 crore in Q2 FY26.

Total income also rose to Rs 11,406.5 crore from Rs 9,850 crore in the year-ago period.

Commenting on the performance, Patanjali Foods CEO Sanjeev Asthana said the quarter reflected the resilience of the company's integrated business model, spanning branded edible oils, upstream oil palm plantations and its expanding FMCG portfolio.

He also attributed some of the shift in festive demand to the timing of festivals this year. Navratri began in October, compared to September last year, while Pitru Paksha in September led to the postponement of some festive purchases, affecting the timing of demand and revenue across quarters.

Shares of Patanjali Foods closed more than 2 per cent lower at Rs 421 apiece on the BSE on Friday. The stock has touched a 52-week high of Rs 595.20 and a low of Rs 328.05.

The company's shares have remained under pressure over the longer term, declining around 6 per cent in six months, 23.93 per cent year-to-date and nearly 30 per cent over one year. The stock underperformed both the Sensex and the BSE FMCG index across these periods. Over two years, it has lost more than 31 per cent.

In another development, the FMCG company received an order from the Madhya Pradesh Food and Drug Administration (FDA) in October directing the recall of a batch of cow ghee after a sample was found to be unsafe under food safety regulations.

According to the company's exchange filing, the sample failed to meet the standards prescribed under the Food Safety and Standards (Food Products Standards and Food Additives and Contaminants, Toxins and Residues) Regulations, 2011.

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