The board has fixed April 25, 2026, as the record date to determine the eligible shareholders for receiving the second interim dividend.
The company had earlier declared and paid a first interim dividend of Rs 1.75 per share for FY26 during the financial year ended March 31, 2026.
Following the development, Patanjali Foods share price rose over 1%. The stock is down 21% in the last six months about 16% on a YTD basis.
In Q3, the company reported a strong performance, with consolidated net profit surging 60% YoY to Rs 594 crore from Rs 371 crore in the year-ago period.
Revenue from operations rose 17% YoY to Rs 10,484 crore, compared with Rs 8,997 crore in Q3FY25, marking the company’s highest-ever revenue for both Q3 and first nine months of FY26.
Looking ahead, Patanjali Foods expects a strong finish to FY26 supported by favourable macro tailwinds, including GST 2.0 reforms, which could boost consumption through price cuts in larger packs and grammage additions in smaller packs.The edible oil segment is expected to remain unaffected by GST changes. The company also anticipates improving urban demand driven by easing inflation and tax reforms, while rural demand is likely to stay resilient on the back of a healthy Kharif harvest.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)