Patanjali Red Chili Recalled: Yoga guru Swami Ramdev’s troubles are not decreasing. Food Safety and Standards Authority of India (FSSAI) has taken major action against Yoga guru Ramdev’s company- Patanjali Foods. FSSAI has directed the company to recall an entire batch of red chili powder. According to FSSAI, the company has not followed the safety norms.
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Patanjali Red Chili Recalled
The FSSAI ordered Baba Ramdev’s company, Patanjali Foods, to withdraw red chili powder on Thursday. The food regulator’s standards did not meet a particular batch of red chili powder, so it was asked to be withdrawn. Patanjali provided this information in a stock exchange filing.
What is Said by Patanjali On Patanjali Red Chili Recalled
The company said- FSSAI has directed Patanjali Foods Limited to recall the entire batch of food items i.e. Red Chilli Powder (Pack) of batch number – AJD2400012 due to non-compliance with food safety. Let us tell you that Baba Ramdev-led Patanjali Group company Patanjali Foods Limited is one of the leading edible oil companies in the country.
Rules were not followed: The regulator said the regulator has issued a notice to Patanjali Foods for non-compliance with the Food Safety and Standards (Contaminants, Toxic Substances, and Residues) Regulations, 2011 for the food items (i.e. Red Chilli Powder (Pack)) of batch number – AJD2400012. Instructions have been given to take back the entire batch.
Share Performance
Meanwhile, Patanjali Foods shares remained sluggish on Thursday. On the fourth trading day of the week, the stock fell 0.44% and closed at Rs 1855.30. During trading, this share fell to a low of Rs 1827.80. In September 2024, this share was at the level of Rs 2030. In this context, the share is trading at a discount.
A fine of Rs 1 lakh was imposed: Recently, the Central Ground Water Authority has imposed a fine of Rs 1 lakh on Patanjali Foods Limited for violation of certain rules. The Central Ground Water Authority, New Delhi had taken action in the case of violation of non-fulfillment of previous NOC (No Objection Certificate) recharge norms under Central Ground Water Regulations.
Patanjali Red Chili Recalled: Financial Position of Patanjali
The total income of Patanjali Ayurved has increased by 23.15 % to Rs 9,335.32 crore in the last financial year. This includes proceeds from the offer for sale (OFS) of Patanjali Foods (formerly Ruchi Soya) and other units of the group, it said in a filing to the Registrar of Companies.
Patanjali Ayurveda’s other income in the financial year 2023-24 stood at Rs 2,875.29 crore, Whereas in the same period a year ago it was Rs 46.18 crore. Let us inform you that the revenue was affected due to Patanjali Ayurved transferring its food business to 2022. Patanjali’s food business includes biscuits, ghee, cereals and nutraceuticals.
Patanjali Foods has been directed by FSSAI to recall a batch of red chilli powder (Batch No. AJD2400012) for violating safety norms under the Food Safety and Standards Regulations, 2011, company said in a filing. The order was issued on Jan 13, 2025, and received on Jan 16. pic.twitter.com/1s5kjgxlqA
— BigBreakingWire (@BigBreakingWire) January 23, 2025
Patanjali Foods Q2 Results FY25
Patanjali Foods on 1 July Patanjali Foods reported a 21 percent rise in standalone net profit to Rs 308.97 crore for the second quarter of September 2024-25. Its net profit in the same period a year ago was Rs 254.53 crore. Total income increased to Rs 8,198.52 crore during the second quarter of this fiscal year from Rs 7,845.79 crore in the year-ago period.
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