Patanjali Foods' shares dip over 2% after Q3 results

Shares of Patanjali Foods dipped over 2% on Tuesday after the company reported its Q3 results. The firm's profit after tax (PAT) jumped 71% YoY to ₹370.93 crore, while its revenue also jumped to ₹9,103.13 crore. However, the firm noted that the quarter "experienced a lukewarm operating environment due to the subdued demand".