Patanjali Foods doubles profit for Q2FY24 to Rs 255 crore
“I am optimistic about the upcoming festival seasons and increase in consumer spending to drive the growth in the coming quarter,” said Sanjeev Asthana, CEO, Patanjali Foods.
Adani Enterprises’ consolidated net profit jumped to Rs 435.73 crore for the the July-September quarter, 2020. The company had reported a consolidated net loss of Rs 10.06 crore during the same period last financial year (FY20).
The company’s revenue from operations rose 7.8 per cent to Rs 9,126.42 crore, compared to Rs 8,464.19 reported during second quarter of FY20.
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Gautam Adani, Chairman Adani Group, said: “The ability to incubate, innovate and scale effectively and rapidly has been a defining philosophy of Adani Enterprises and we continue to learn and further improve this model.”
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“Our move into roads and water infrastructure, data centre parks, and airports including the addition of the Mumbai International Airport and the Navi Mumbai International Airport provides us with a transformational platform that will help us create several strategic and growth based adjacencies for our other businesses,” he said.
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