Allahabad HC rejects Patanjali Ayurved's plea against Rs 273.5 crore GST penalty

 03 Jun 2025 10:50 AM

The Allahabad High Court has rejected Patanjali Ayurved's plea against a Rs 273.50-crore GST penalty. The court stated that tax authorities can impose penalties through civil proceedings. It clarified that criminal trials aren't necessary for GST penalties. The investigation revealed suspicious transactions involving firms with high Input Tax Credit.

'Not received any communication': Patanjali Ayurved denies being under under MCA lens for financial lapses

 01 Jun 2025 04:51 PM

Patanjali Ayurved Limited denies receiving any communication from the Ministry of Corporate Affairs (MCA) regarding a proposed investigation. However, the MCA has reportedly initiated a probe into the company's affairs under Section 210 of the Companies Act, following inputs from government agencies about alleged financial irregularities. Patanjali's legal team is reviewing the situation and considering appropriate action.

'Not received any communication': Patanjali Ayurved denies being under MCA lens for financial lapses

 01 Jun 2025 04:51 PM

Patanjali Ayurved Limited denies receiving any communication from the Ministry of Corporate Affairs (MCA) regarding a proposed investigation. However, the MCA has reportedly initiated a probe into the company's affairs under Section 210 of the Companies Act, following inputs from government agencies about alleged financial irregularities. Patanjali's legal team is reviewing the situation and considering appropriate action.

Patanjali Ayurved under MCA lens for 'company law lapses'

 31 May 2025 12:33 AM

The Ministry of Corporate Affairs has started investigating Patanjali Ayurved. This action follows inputs from government agencies regarding alleged financial irregularities. The company has also faced scrutiny from the Supreme Court over misleading advertisements. Patanjali Foods, its listed unit, received a notice about a tax claim. The ministry has been increasing its oversight of corporate governance issues.

Baba Ramdev's Patanjali faces MCA heat to explain some 'suspicious' transactions

 30 May 2025 12:00 PM

India's government has requested Patanjali Ayurved, co-founded by Baba Ramdev, to clarify certain transactions flagged as suspicious by the economic intelligence wing. The Corporate Affairs Ministry is investigating potential corporate governance breaches and fund diversions. This follows previous scrutiny of Patanjali Ayurved and its affiliates regarding tax non-payment and misleading product claims.

Patanjali Foods shares in focus after reporting 74% YoY jump in Q4 PAT

 16 May 2025 08:42 AM

Patanjali Foods shares: Revenue from operations for the March quarter stood at Rs 9,692 crore, reflecting a 17.8% year-on-year increase from Rs 8,228 crore in the same period last year.

Patanjali Foods shares fall 3% despite posting 74% YoY jump in Q4 PAT

 16 May 2025 08:42 AM

Patanjali Foods shares: Revenue from operations for the March quarter stood at Rs 9,692 crore, reflecting a 17.8% year-on-year increase from Rs 8,228 crore in the same period last year.

Patanjali Foods Q4 Results: Profit shoots up 74% to Rs 358 crore

 15 May 2025 09:40 PM

Patanjali Foods Ltd witnessed a significant surge in profitability, reporting a 74% increase in standalone net profit, reaching Rs 358.53 crore for the quarter ending March 2025. The company's total income also experienced substantial growth, climbing to Rs 9,744.73 crore during the same period, driven by strong performance across its edible oil and FMCG segments.

Stocks in news: Patanjali Foods, ITC Hotels, Tata Power, SBI, HUL, Balu Forge

 15 May 2025 06:40 AM

Markets closed slightly higher after a narrow trading range, with several companies like JSW Energy and ITC Hotels set to announce Q4 results. Tata Power plans a significant capital expenditure, while Eicher Motors reported record quarterly sales. Balu Forge and Brigade Enterprises also saw substantial profit increases, and SBI is considering raising funds.

Delhi HC closes case after Ramdev pledges no more offensive remarks against Rooh Afza

 09 May 2025 04:28 PM

The Delhi High Court concluded a case involving Yoga guru Ramdev. This followed Ramdev's commitment to refrain from making derogatory statements about Hamdard's Rooh Afza. Ramdev and Patanjali Foods Ltd provided affidavits, which the court accepted. The court had previously instructed the removal of contentious online material.