Edible Oils company Patanjali Foods announced Q3FY24 & 9MFY24 results: Q3FY24: In Q3FY24, the total revenue from operations stood at Rs 7,910.70 crore registering a marginal increase over Q2FY24. The Food & FMCG segment achieved highest quarterly revenue of Rs 2,498.62 crore in Q3FY24 vs. Rs 1,523.11 crore in Q3FY23, achieving a growth of 64.05%. The Food & FMCG segment accounted for 31.59% of total revenue from operations in the current quarter. The company achieved EBITDA of Rs 390.63 crore in Q3FY24 with EBITDA from operation margin of 4.94%. The quarterly PAT was Rs 216.54 crore vs Rs 254.54 crore in Q3FY23 and the PAT margin was 2.74% vs. 3.24% in Q2FY24. In Q3FY24, the advertisement spends increased by more than 2x to Rs 28.53 crore impacting the EBITDA. In line with increasing the brand building efforts, the company onboarded eminent cricketer Mr. Mahendra Singh Dhoni to promote Mahakosh and Sunrich brands of edible oils in addition to the existing advertisement campaigns. The planted area for Oil Palm Plantations increased to 72,500 hectares, registering a growth of 5.84% in Q3FY24. In Q3FY24, the revenue from exports increased by 49.02% over the previous quarter to Rs 62.06 crore The company has been able to add new markets in line with its strategy to expand geographies In line with the quarterly trends, revenue from the Wind Turbine Power Generation segment during Q3FY24 stood at Rs 8.93 crore 9MFY24: In 9MFY24, the company achieved total revenue from operations of Rs 23,499.69 crore of which Food and FMCG segment sales were Rs 6,938.71 crore Contribution of Food & FMCG segment to the total revenue from operations increased to 29.53% in 9MFY24 from 18.66% in 9MFY23. In 9MFY24, EBITDA stood at Rs 1,021.82 crore with EBITDA from operations margin of 4.35%. For 9MFY24, the PAT was Rs 558.83 crore with 2.38% PAT margin In 9MFY24, revenue from exports was Rs 266.17 crore Revenue from the Wind Turbine Power Generation segment during 9MFY24 the revenue was Rs 43.94 crore Result PDF