ADVERTISEMENT
Patanjali Struggles For Second Straight Year
Ratings agencies downgrade the company after weakening financial profile.
08 Apr 2019, 02:29 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
Businessman and Yogi, Baba Ramdev trains thousands of yogis at the Patanjali Yog Samiti, Nepal. (Source: Baba Ramdev/Twitter)
Patanjali Ayurved Ltd. has had a second straight bad year as it struggles with a broken supply chain and faces competition from consumer goods makers it challenged as an upstart.Yoga guru Ramdev-backed company’s revenue and profit continued to decline in 2018-19, Brickworks Ratings said in its March 30 report while rating a proposed Rs 1,000-crore debt issue of the maker of Dant Kanti toothpaste and Kesh Kanti shampoo.Patanjali regis...
![](/images/white_gradient.png)
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT