×
203
Fashion Jobs
NAGA LIMITED
Manager - Production
Permanent · Dindigul
UBRIGHT INTERNATIONAL CO. LTD
Senior Sales Manager 20+ Lakh p.a
Permanent · Pune
JIO
jc Home Lead - Coimbatore & Tiruppur - Sales Manager
Permanent · Tiruppur
ERIS LIFESCIENCES LIMITED
Area Business Manager (Generics)
Permanent · Ahmedabad
DIGIKREDIT FINANCE
Requirement For Sales Manager :: Ahmedabad
Permanent · Ahmedabad
KHOSLA MACHINES PVT. LTD.
Sales Manager-North
Permanent · Sahibzada Ajit Singh Nagar
TRACKON COURIER
Area Sales Manager
Permanent · Vapi
AVANTOR
Area Sales Manager || Patna/Ranchi
Permanent · Ranchi
BDO INDIA LLP
Cnc Manager Production Manager Minimum 14 Yrs to 18 Yrs
Permanent · Chennai
KENT RO SYSTEMS
Corporate Sales Manager
Permanent · Chennai
AS
Opening For Production Manager in Leading Sweets Mfg Company
Permanent · Thane
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
SRL DIAGNOSTICS
Territory Development Manager
Permanent · Prayagraj
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Madhya Pradesh)
Permanent · Indore
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
KISHOR EXPORTS
Qam - Quality Assurance Manager For Garment Exports Company
Permanent · Ranchi
MARC LABORATORIES LTD.
Field Sales Officer/Area Business Manager / Regional Business Manager
Permanent · Varanasi
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
RUDRAKSHA CERAMICS PRIVATE LIMITED
Area Sales Manager
Permanent · Pune
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
SAHIBANDHU FINTECH SERVICES LIMITED
Area Sales Manager - Sahibandhu
Permanent · New Delhi
Published
Nov 16, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Patanjali reports 21% net profit increase in 2020 financial year

Published
Nov 16, 2020

Ayurvedic personal care and lifestyle brand Patanjali reported a 21% increase in net profit to total Rs 425 crore ($63.9 million) in the 2020 financial year, up from Rs 349 crore in the 2019 financial year.

Patanjali’s managing director Acharya Balkrishna (left) and brand head Baba Ramdev (right) - Patanjali- Facebook


Patanjali saw a significant increase in sales in the financial year that ended on March 31, 2020 and revenue marked as ‘other income’ increased threefold during this time period, TNN reported, citing data from business intelligence platform Tofler. Other income totalled Rs 65.19 crore in the 2020 financial year compared to Rs 18.89 crore in the previous financial year.
 
The brand’s revenue from operations increased by 5.9% to total Rs 9,023 crore in the 2020 financial year compared to Rs 8,523 crore the year before. The brand’s sales growth has been its fastest in the past three years, but is still markedly less than during its most successful period around the 2016 and 2017 financial years. 

Following a drop in profit in the 2018 financial year, Patanjali has continued to expand its operations and product selection. In December 2019, the brand acquired the bankrupt Ruchi Soya plant for Rs 4,350 crore through insolvency proceedings, greatly expanding its production capacity. The brand caused a stir recently when it announced it had created an Ayurvedic ‘coronavirus cure’, which was met with criticism and alleged legal issues with local authorities. 

Copyright © 2022 FashionNetwork.com All rights reserved.