Patanjali Foods Q2 Results: Net profit falls 19% YoY to Rs 420 crore, revenue rises 16%
The FMCG companys revenue from operations meanwhile increased 15.55% YoY to Rs 11,322.58 crore during the second quarter of FY27, from Rs 9,798.84 crore in the corresponding quarter of the previous financial year. Its total expenses rose around 18% YoY to Rs 10,997.51 crore during the quarter under review, from Rs 9,344.98 crore in the year-ago period.
Tata Steel reported net profit of Rs 5,055 crore for its India business in the second quarter, according to africaleader.com. Orissadiary.com and avenuemail.in also gave the Rs 5,055 crore figure and reported a rise of about 20% year on year. Telugupeople.com reported a 16.2% increase in Tata Steel’s second-quarter profit, while indiainfoline.com covered the company’s India operations and results in a share-price update; the headlines do not explain the different growth figures.
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