Patanjali Ayurved has announced an investment of Rs 1,000 crore in wellness and food processing sectors in different areas of Madhya Pradesh .
While addressing the Regional Industry Conclave (RIC) in Rewa, Acharya Balkrishna of Patanjali Group said there are immense possibilities of investment in Madhya Pradesh . “This is a land of art, culture and tradition. Through Patanjali , we are going to work in many areas here,” he said.
” Patanjali ‘s mantra is that we work considering the country as a family, not a market. We will build Patanjali ‘s best Yoga and Ayurveda wellness centres, so that people get education, values and health in the state,” he said.
Patanjali Foods yesterday announced a 21 per cent increase in the net profit to Rs 309 crore (approx) at the end of the second quarter, riding upon a high demand in its cooking oil business. Patanjali Foods, formerly known as Ruchi Soya Industries, which is now under its edible oil segment, posted an increase in the profit to Rs 309 crore from Rs 255 crore (approx $37 million) in the second quarter that ended on September 30.
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, the company continued its robust performance during the second quarter, Patanjali Foods said.
