Patanjali Foods revenue rises 15.5% to Rs 11,323 crore; FMCG business drives growth

Patanjali Foods Ltd reported a 15.55 per cent year-on-year (YoY) increase in standalone revenue from operations to Rs 11,322.58 crore in the second quarter of FY27, compared with Rs 9,798.84 crore in the corresponding quarter last year. The company's performance was supported by growth across its edible oils and fast-moving consumer goods (FMCG) businesses.

The FMCG segment reported revenue of Rs 2,923.48 crore during the quarter, while the edible oils business generated Rs 8,532.25 crore, registering annual growth of 22.39 per cent.

The FMCG business contributed 25.50 per cent to revenue from operations and 45.04 per cent to the company's EBITDA, highlighting its growing contribution to overall profitability.

Patanjali Foods' gross profit stood at Rs 1,439.14 crore, with a gross profit margin of 12.62 per cent. Operating EBITDA, excluding exceptional items, stood at Rs 425.63 crore, translating into a margin of 3.76 per cent. Profit before tax (PBT) stood at Rs 409.02 crore, with a margin of 3.59 per cent.

The company's FMCG segment recorded an EBITDA of Rs 221.33 crore, with a margin of 7.57 per cent. Its biscuits division posted its highest-ever quarterly revenue of Rs 638.31 crore, registering year-on-year growth of 27.69 per cent. The Doodh biscuits brand alone generated quarterly revenue of around Rs 475 crore.

For the first half of FY27, Patanjali Foods reported its highest-ever half-yearly revenue from operations of Rs 22,660.03 crore, marking an increase of 22.06 per cent over the corresponding period last year. Operating EBITDA stood at Rs 969.03 crore, with a margin of 4.28 per cent, while profit before tax came in at Rs 862.36 crore.

Commenting on the performance, Sanjeev Asthana, Chief Executive Officer of Patanjali Foods, said the company's integrated business model, spanning branded edible oils, oil palm plantations and an expanding FMCG portfolio, had supported its performance during the quarter.

He added that changes in the festive calendar, with Navratri falling in October this year compared with September last year, and Pitru Paksha falling in September, had deferred some festive-related purchases and influenced the timing of demand and revenue.

The company expects the growth momentum to continue, supported by the recent festive season and the upcoming wedding season. It also plans to focus on premiumisation, expanding its edible oils and FMCG portfolios, strengthening its oil palm plantation business and improving operational efficiencies.