Patanjali Foods Ltd. posted a 31% year-on-year drop in net profit for April–June as raw material costs surged and other expenses climbed sharply.Net profit stood at ₹1.80 billion, down 50% from the March quarter. Revenue from operations rose 24% on year to ₹89.00 billion but slipped 8% sequentially. Total income was ₹89.13 billion.
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