Patanjali Foods will take price cuts as commodity prices decline: Sanjeev Kumar Asthana
“There is a one-off gain of almost Rs 149 crore on account of the pre redemption of the preference shares. Margins have been slightly sober but overall we expect the environment to improve from this quarter onwards because of the sudden drop in the prices of commodities and its impact on our FMCG businesses like biscuits etc. ”
