Patanjali’s supply chain and distribution system were among the best during these times. Sales have gone up and they have no reason to complain. Acharya Balkrishna, Joint Managing Director, Patanjali Ayurved explains more.
How will the markets react to Ruchi Soya when the floating stock increases after more shares are offered to the public as is mandatorily required? Will the listed Ruchi Soya eventually be able to power Patanjali’s ambition?
It also boasts net profit of Rs 680.77 crore and EBITDA of Rs 1,018.37 crore in FY21. Now, having transformed Ruchi Soya from a white elephant to a clear, deep grey, the 50-year-old swami wants to ride it to make Patanjali Ayurved India's largest FMCG company with international presence.
In an interview with Business Today, Yoga Guru Baba Ramdev laid out his plans for Ruchi Soya in the near future. He also revealed how he facilitated the turnaround for Ruchi Soya and how he wants to dominate the FMCG market in India and go global.