Patanjali Foods Q2 Results: Net profit falls 19% YoY to Rs 420 crore, revenue rises 16%

Patanjali Foods reported a consolidated net profit of Rs 419.76 crore for the July-September quarter of the ongoing financial year 2027, marking nearly 19% year-on-year decrease from the Rs 517 crore reported in the same period last year.

The FMCG company’s 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.

Patanjali Foods in its press release highlighted that inflationary pressures strengthened during the quarter, with retail inflation rising from approximately 4.45% in July 2026 to 4.82% in August and 5.54% in September, marking its highest level since the revised CPI series began in January 2026. The increase was primarily driven by food inflation, which climbed to 7.7%.

Price pressures were sharper in rural markets, where a deficient monsoon and El Niño conditions weighed on sentiment, even as resilient non-farm rural activity continued to cushion household incomes. Overall, the demand environment remained supportive during the festive-season indicating healthy consumer momentum, the company said.

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Operating EBITDA (excluding exceptional items) during the quarter stood at Rs 425.63 crore, with an operating EBITDA (excluding exceptional items) margin of 3.76%, the company said, adding that its export revenues stood at Rs 29 crore during the quarter under review.

Among the segments, Patanjali Foods’ edible oils business saw a 22% YoY increase in revenue to Rs 8,532.25 crore, while that for the FMCG business rose marginally to Rs 2,923.48 crore during the second quarter of FY27.

What the company’s management said

Q2 FY27 performance reflected the resilience of the company’s integrated business model across branded edible oils, upstream oil palm plantations and growing FMCG portfolio, said Sanjeev Asthana, CEO at Patanjali Foods. Amid evolving consumption patterns, Doodh Biscuits, Nutrela, Saundarya and Dant Kanti sustained their growth trajectory, supported by diversified portfolio and extensive distribution network, the executive said.

“The quarter also saw a shift in festive demand, with Navratri commencing in October this year compared to September last year, while Pitru Paksha during September deferred some festive-led purchases influencing the timing of festive-led demand and revenue across the quarters,” he noted.

With the recent festive season and the upcoming wedding season, the company expects growth momentum to continue. “From a broader lens, our focus remains on strengthening our business fundamentals through premiumization, scaling our edible oils and FMCG portfolio, and expanding our oil palm plantation business. Alongside these priorities, improving operational efficiencies will remain important in enhancing earnings quality and driving sustainable growth,” he added.

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Patanjali Foods share price

Patanjali Foods shares gained more than 2% in a week and 15% in a month, but the stock dropped 24% in 2026 so far and 29% in one year.

In the longer term, the shares of the company have dropped 13% in three years but gained 25% in five years.

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.