Haridwar-based Patanjali Ayurved Ltd has reported a 21.56 percent increase in standalone net profit at Rs 424.72 crore for the financial year 2019-20, according to data provided by business intelligence platform Tofler.
The company had reported a net profit of Rs 349.37 crore for the 2018- 19 financial year, it said. While the company's revenue from operations was at Rs 9,022.71 crore, up 5.86 percent, for the financial year ended on March 31, 2020. It was at Rs 8,522.68 crore in the year-ago period. Its total revenue was at Rs 9,087.91 crore in FY 2019-20, as against Rs 8,541.57 crore in the financial year ended March 31, 2019. Total expenses of Patanjali Ayurved were up 5.34 percent to Rs 8,521.44 crore.
Profit Before Tax of the yoga guru Ramdev-promoted organization was up 25.12 percent to Rs 566.47 crore for FY 2019-20. It was Rs 452.72 crore in the year-ago period, as per the data. Its revenue from 'other income' was up three-fold during the fiscal under review to Rs 65.19 crore, from Rs 18.89 crore of the FY 2018-19.
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