The net profit of Haridwar-based Patanjali Ayurved Limited has increased by 21.56 per cent to Rs 424.72 crore in FY 2019-20. Business information platform Toffler gave this information. According to Toffler, the company had registered a net profit of Rs 349.37 crore in the previous financial year 2018-19. Toffler further stated that Patanjali Ayurved’s revenue from operations stood at Rs 9,022.71 crore in the financial year ended 31 March 2020, which is 5.86 per cent higher than Rs 8,522.68 crore in the previous financial year.
The total revenue of the company was Rs 9,087.91 crore in FY 2019-20, which was Rs 8,541.57 crore during the previous financial year. The total expenditure of Patanjali Ayurved increased by 5.34 per cent to Rs 8,521.44 crore during the reporting period. The profit before tax of this organization promoted by Yoga Guru Ramdev was 25.12 per cent in the financial year 2019-20 to Rs 566.47 crore. According to the figures, it was Rs 452.72 crore in the year-ago period.
Revenue from second income will increase three-fold to Rs 65.19 crore in the financial year under review. It was Rs 18.89 in the financial year 2018-19.
