These days Ramdev Baba is in the headlines due to his controversial statements. There is an all-round discussion about the statements given by Yoga Guru Baba Ramdev regarding Allopathy and Ayurveda.
New Delhi. These days Ramdev Baba is in the headlines due to his controversial statements. There is an all-round discussion about the statements given by Yoga Guru Baba Ramdev regarding Allopathy and Ayurveda. However, Baba Ramdev has also given clarification on this matter from his side. Despite the controversy not taking the name of ending, but do you know how much his company Patanjali Ayurved earns? So let’s know everything about Baba Ramdev’s company and his earnings..
The growth graph of Patanjali kept on increasing
The story of Yoga Guru Ramdev and his FMCG company ‘Patanjali’ has been one of the interesting stories of business growth in 21st century India. But Ramdev’s story is different from other business success stories in the sense that the way he used politics to grow his business empire is rarely seen.
company has increased the network rapidly
Started in 2009, Patanjali rapidly built its network across the country. Ramdev’s company Patanjali registered strong growth from 2014 to 2017. In the financial years 2015 and 2016, Patanjali registered up to 100% growth. Patanjali gave dust to all the multinational companies doing business in the FMCG sector of India. People also got a lot of enthusiasm about Patanjali’s product.
Slowdown came after 2017
After the year 2017, there was a slowdown in the company’s Patanjali business and in the last 2-3 years, the brightness of Patanjali has dimmed. The effect that was seen on the economy after demonetisation and GST, the same effect was on Patanjali’s business. Apart from this, the company’s expansion, policies, flaws in products, etc. have also hurt the credibility of Patanjali.
How much has been earned from Patanjali?
The turnover of both Patanjali Ayurved and Ruchi Soyo is 25 thousand crores. In the financial year 2019-20, Patanjali’s income increased by 5.9% from the previous year to Rs 9,023 crore. According to the data of business intelligence platform Tofler, Tanjali Ayurved’s profit increased by 21 percent to Rs 425 crore in the financial year 2019-20. Patanjali has earned Rs 65.19 crore in the financial year 2019-20 from other sources. At the same time, a year ago, this company, which deals in Ayurvedic medicines and FMCG goods, had a total profit of Rs 349 crore in the financial year 2018-19.
Patanjali and Ruchi Soya belong to Baba Ramdev
Both Patanjali and Ruchi Soya are companies of Baba Ramdev. Patanjali was started by Baba Ramdev and Acharya Balkrishna in 2006. At present, Acharya Balkrishna holds 99.6 percent stake in the company, but Baba Ramdev is the co-founder of the company. On the other hand, if we talk about Ruchi Soya, then Baba Ramdev is a non-executive non-independent director (Non Exe.Non Ind.Director) in this company.
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