Patanjali Foods Ltd Share: Patanjali Foods Limited, a manufacturer of edible oil and daily use items, saw its net profit triple to Rs 262.90 crore in the April-June quarter of the current financial year. Its net profit in the same quarter a year ago was Rs 87.75 crore. However, there has been a decline in the company’s income. Despite this, there has been an increase in net profit.
On Friday, the company’s shares closed at the level of Rs 1591.15 with a decline of 0.74 percent in BSE.
How is the company’s performance in the stock market?
The performance of Patanjali Foods shares during the last one year has not been very spectacular. In the last one year, this stock has been successful in giving returns of only 25.3 percent. At the same time, people holding the stock for one month have made a profit of 13.5 percent. The company’s high in BSE is Rs 1,769.15 and 52 week low level is Rs 1,170.10. The market cap of Patanjali Foods is Rs 57,598.81 crore.
Has the company been continuously paying dividends?
The company last traded as an ex-dividend stock in March 2024. Then the company had given a dividend of Rs 6 on one share. At the same time, in 2023 the company had given a dividend of Rs 6.
What is in the information given by Patanjali to the stock markets?
The company said on Friday that despite lower income, its profit has increased in the first quarter of this financial year. Total income declined to Rs 7,202.35 crore in the April-June quarter of this financial year. It was Rs 7,810.50 crore in the same quarter a year ago.
What work does the company do?
Promoted by Baba Ramdev-led Patanjali Ayurveda, the company is present in the edible oil, food and daily use goods and wind power generation sectors. It markets its products through brands like Patanjali, Ruchi Gold, Mahakosh, Nutrila, etc.
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