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Patanjali FY profit halves as competition stiffens, says report

Updated : December 27, 2018 11:13 AM IST

According to the report, Patanjali’s revenues fell 10 percent to Rs 8,135 crore in the last fiscal from Rs 9,030 crore in 2016-17. Net profit more than halved at Rs 529 crore in the fiscal.
The trend is really worrisome for Patanjali that has experienced its sales double annually since 2013.
Patanjali FY profit halves as competition stiffens, says report
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