Published 15:14 IST, October 25th 2024
Patanjali's Mega Rs 1,000 Crore Investment in Madhya Pradesh
Patanjali Ayurved has announced an investment of Rs 1,000 crore in wellness and food processing sectors in different areas of Madhya Pradesh.
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Patanjali Ayurved has anunced an investment of Rs 1,000 crore in wellness and food processing sectors in different areas of Mhya Presh .
While dressing Regional Industry Conclave (RIC) in Rewa, Acharya Balkrishna of Patanjali Group said re are immense possibilities of investment in Mhya Presh . "This is a land of art, culture and trition. Through Patanjali , we are going to work in many areas here," he said.
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" Patanjali 's mantra is that we work considering country as a family, t a market. We will build Patanjali 's best Yoga and Ayurveda wellness centres, so that people get education, values and health in state," he said.
Patanjali Foods yesterday anunced a 21 per cent increase in net profit to Rs 309 crore (approx) at end of second quarter, riding upon a high demand in its cooking oil business. Patanjali Foods, formerly kwn as Ruchi Soya Industries, which is w under its edible oil segment, posted an increase in profit to Rs 309 crore from Rs 255 crore (approx $37 million) in second quarter that ended on September 30.
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Ruchi Soya Industries Limited was founded in 1986, was acquired by Patanjali Ayurved for Rs 4,350 crore in December 2019.
Despite a challenging environment in both food and FMCG and edible oils segments, company continued its robust performance during second quarter, Patanjali Foods said.
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15:09 IST, October 25th 2024