Earnings Alerts

Patanjali Foods (PATANJAL) Earnings Soar: 1Q Net Income Reaches 2.63B Rupees

  • Net income for Patanjali Foods Ltd for the 1st quarter is 2.63 billion rupees, a significant increase from 877.5 million rupees year-over-year (y/y).
  • Revenue for the same period is 71.7 billion rupees, showing a decline of 7.7% y/y.
  • Total costs have decreased by 11% y/y, amounting to 68.4 billion rupees.
  • Raw material costs are also down by 21% y/y, totaling 42.9 billion rupees.
  • Analyst recommendations: 2 buys, 0 holds, 0 sells.

A look at Patanjali Foods Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Patanjali Foods shows promising signs for its long-term outlook. The company has received favorable scores in various key areas, such as Dividend, Resilience, and Momentum. A high Dividend score indicates the company’s strong ability to pay dividends consistently, which can be attractive to long-term investors seeking steady returns. Furthermore, its high scores in Resilience and Momentum suggest that Patanjali Foods possesses the strength to navigate challenges and maintain positive growth momentum over time.

Ruchi Soya Industries Limited, a company under the Patanjali Foods umbrella, focuses on manufacturing a range of soy products and cooking oils. This diversification in product offerings can contribute to the company’s overall resilience and growth potential. With a solid foundation in place and positive indicators from the Smartkarma Smart Scores, Patanjali Foods appears to be positioned well for the long term, poised for sustained performance and potential value creation for investors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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