Ruchi Soya Industries, acquired by Baba Ramdev led Patanjali in 2019, reported a net profit of Rs.227.44 crore, a 50% year-on-year gain if the exceptional gain of Rs.7,617.43 crore in the same period last fiscal is excluded.
The company in total gained Rs.4,475.6 crore in Q3 of the current fiscal as compared to Rs.3,725.66 in Q3 of the previous fiscal. They said in a regulatory filing that products like Ruchi Star, Ruchi Gold, Nutrela and Mahakosh have in particular registered significant growth.” The company’s branded business including brands sold under royalty arrangement achieved a sales of Rs.3,017 crore in Q3FY21, contributing to 67.42 per cent of the total sales of the company.”
Patanjali Ayurved acquired Ruchi Soya after it went bankrupt in 2019.