Patanjali Foods on Tuesday approved a second interim dividend of Rs 1.75 on each equity share of face value of Rs 2 for the financial year 2025-26. This is 87.5 percent of the face value, and will be paid on or before May 20, 2026, the company said in a regulatory filing. The Board has fixed April 25, 2026 as the ‘record date’ to determine the shareholders entitled to receive the second interim dividend.
The company had earlier declared and paid a first interim dividend of Rs 1.75 per share for FY 2026 during the financial year ending March 31, 2026. Following this development, the share price of Patanjali Foods rose by more than 1%. The stock is down 21% in the last six months and about 16% on a year-to-date (YTD) basis.
Increase in company’s profits and revenue
In the third quarter (Q3), the company recorded a strong performance. The company’s consolidated net profit increased by 60% to Rs 594 crore from Rs 371 crore in the same period last year. Revenue from operations increased by 17 per cent to Rs 10,484 crore compared to last year, compared to Rs 8,997 crore in Q3FY25. This is the company’s highest ever revenue for both Q3 and the first nine months of FY 2026.
Patanjali Foods expects to finish FY2026 on a strong note with the help of favorable macroeconomic trends. These trends include GST 2.0 reforms, which may boost consumption by cutting prices of larger packs and increasing quantities in smaller packs. The changes in GST are not expected to have any impact on the edible oil sector. The company also expects urban demand to improve due to moderation in inflation and tax reforms, while rural demand is also likely to remain strong due to a good Kharif crop.
Company shares rise
After the announcement of dividend, there is a rise in the shares of the company. According to Bombay Stock Exchange data, the company’s shares saw an increase of more than 1 percent during the trading session and the company’s share price reached the day’s high of Rs 465.20. However, the company’s shares are trading at Rs 464 with a rise of 0.77 per cent at 1:10 pm. However, the company’s shares had opened at Rs 461.45 in the morning and closed at Rs 460.45 on Monday.
