MASSIVE! Swadeshi FMCG shine; foreign firms bite dust - Patanjali Group registers Rs 30,000 cr turnover in FY 21 - Swami Ramdev reveals TOP DETAILS
'The company has created history by making a turnover of over Rs 30,000 crore in FY 2021 during one of the most difficult times in the world's history.'
Leaving behind foreign companies, Yoga Guru Swami Ramdev led Haridwar-based Patanjali Group has registered gigantic Rs 30,000 crore turnover. Besides Hindustan Unilever Limited (HUL), Patanjali Group has left behind all major companies in this segment.
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In a press release on July 13, Patanjali Group said, "The company has created history by making a turnover of over Rs 30,000 crore in FY 2021 during one of the most difficult times in the world's history. Patanjali Group acquired Ruchi Soya has also saw its revenue going up from Rs 13,117 in FY 2020 to 16,318 crore in FY 2021. This is 24.4 per cent growth on annual basis. Also, company's EBITDA margin increased from 122.27% to RS 1018 crore and PAT went up from 204.01% to Rs 681 crore. This is a great turnaround of a bankrupt company in the history of Independent India," said the release.
In FY 2020-21, with Patanjali Ayurved Limited's turnover of Rs 9783.81 crore, Patanjali Natural Biscuit (Rs65-0 crore), Divya Pharmacy (Rs 850 crore), Patanjali Agro (Rs 1600 crore), Patanjali Parivahan (Rs 548 crore), Patanjali Gramodhyog (Rs 396 crore), Patanjali Group turnover grew by over Rs 14,000 crore.
Patanjali Group said that it aims to become largest player in FMCG sectors. " We want to make our countrymen realise that we can also become bigger than MNCs and excel and compete with them in any field," it said.
IT also said that Patanjali Group's Ruchi Soya will soon come up with Rs 4300 crore FPO. IT will give opportunity to lakhs of shareholders to be part of this success story, it said.
"We will script a new history in coming 25 years in the field of health, education and research. We are creating more than 10,000 Patanjali Wellness centres in the country that boasts of 7 lakh villages. We aim to open up to 1 lakh Patanjali Wellness centres across the country," said the statement from Patanjali Group
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