Patanjali Foods’ Profit Falls 19% to 419.8 Crore Rupees Despite Revenue Growth
Key Facts
Patanjali Foods’ standalone net profit fell to 419.8 crore rupees in the quarter ended September 30, 2026, from 516.7 crore rupees a year earlier, according to a results summary published by MarketsMojo. The decline came despite a 15.6% year-on-year increase in standalone revenue to 11,322.6 crore rupees. Pre-tax profit fell 19% to 409 crore rupees, from 505.1 crore rupees in the corresponding period. Net profit included a tax credit of 115.3 crore rupees related to a previous year, an item that highlights the effect of tax settlements when reading net profit. The figures relate to the company’s standalone results, not its consolidated results.
Quarter-on-quarter, revenue was broadly stable, at 11,322.6 crore rupees in the second quarter compared with 11,337.5 crore rupees in the first quarter of fiscal 2027. Pre-tax profit fell from 453.3 crore rupees in the first quarter to 409 crore rupees in the second quarter. The comparison shows that annual revenue growth was not accompanied by a quarterly increase in sales, while pre-tax profit fell from its level in both comparison periods. The results summary did not give a specific explanation for this divergence or link it to operating expenses. The results therefore center on wider annual revenue alongside declines in pre-tax profit and net profit.
Earnings before interest, taxes, depreciation and amortization were 425.6 crore rupees, with a margin of 3.76%, while the gross margin was 12.62%, according to MarketsMojo. These indicators offer an additional view of quarterly performance alongside net profit and pre-tax profit. By segment, the edible oils business recorded revenue of 8,532.3 crore rupees, up 22.4% from a year earlier. Revenue from the fast-moving consumer goods segment was 2,923.5 crore rupees, while its earnings before interest, taxes, depreciation and amortization reached 221.3 crore rupees, with a margin of 7.57%. The margin for the edible oils segment was 3.0%, according to the results summary.
In the first half of fiscal 2027, revenue reached 22,660 crore rupees, up 22.1% year on year, and net profit was 755.7 crore rupees. First-half pre-tax profit also came to 862.4 crore rupees, up 14.4%, while earnings per share were 6.95 rupees, according to figures published in the summary. These results place the quarter within a broader period in which the company achieved annual growth in revenue and pre-tax profit. They do not, however, offset the year-on-year decline recorded in the quarter ended September or the quarterly fall in pre-tax profit compared with the first quarter. The half-year and quarterly indicators reflect different periods of the fiscal year.
The company had scheduled a call with analysts and investors for November 14, 2026, at 3:00 p.m. India time, to discuss its performance in the second quarter and first half of fiscal 2027, according to its notice. It said in the notice that the call would not include disclosure of price-sensitive information or discussion of forward-looking statements. The scheduled call provides an opportunity to discuss the results with investors and analysts on the day set for the call. The notice gave no further details about the discussion. The call follows the announcement of results for the period ended September 30.