Incorporated in 1986, Patanjali Foods (formerly known as Ruchi Soya Industries Ltd) is one of the leading firms in the edible oils segment and is aiming to become a major player in FMCG and FMHG as well.
Total revenue from operations increased 7.7% to Rs 7,767 crore, while total expenses rose 9.3% due to higher purchases of stock-in-trade and employee costs
US-based investment firm GQG Partners has bought a 5.96 per cent stake in edible oil firm Patanjali Foods, which is promoted by Baba Ramdev-led Patanjali Ayurved.
GQG Partners has bought 2,15,64,517 equity shares of Patanjali Foods through Offer For Sale (OFS) route, according to a