Patanjali Foods (NSE:PATANJALI) Interest Expense : ₹-1,899 Mil (TTM As of Mar. 2024)

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What is Patanjali Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Patanjali Foods's interest expense for the three months ended in Mar. 2024 was ₹ -1,159 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,899 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Patanjali Foods's Operating Income for the three months ended in Mar. 2024 was ₹ 2,893 Mil. Patanjali Foods's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,159 Mil. Patanjali Foods's Interest Coverage for the quarter that ended in Mar. 2024 was 2.50. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Patanjali Foods Interest Expense Historical Data

The historical data trend for Patanjali Foods's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Patanjali Foods Interest Expense Chart

Patanjali Foods Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-1,059.95

-3,507.30

-3,319.41

-2,388.51

-1,898.99

Patanjali Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-236.23	-248.23	-240.22	-251.50	-1,159.04

Patanjali Foods Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,899 Mil.

Patanjali Foods (NSE:PATANJALI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Patanjali Foods's Interest Expense for the three months ended in Mar. 2024 was ₹-1,159 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,893 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹10 Mil.

Patanjali Foods's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	2892.561	/	-1159.04
	=	2.50

The higher the ratio, the stronger the company's financial strength is.

Patanjali Foods (NSE:PATANJALI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Patanjali Foods Ltd (NSE:PATANJALI) » Definitions » Interest Expense

Traded in Other Exchanges

500368:India

Address

601, A.B. Road, Part B-2, 6th Floor, Metro Tower, Vijay Nagar, Indore, MP, IND, 452 010

Website

http://www.ruchisoya.com

Patanjali Foods Ltd is engaged in the business of processing oilseeds and refining crude oil for edible use. It operates through the following segments: Seed Extractions, Oils and Vanaspati, Food Products, and Wind Power Generation. The Extraction segment includes various types of seed extractions. The Oils and Vanaspati segment includes crude oils, refined oils, vanaspati, bakery fats and table spread. The Food Products segment comprises textured soya protein and soya flour. The Wind Power Generation segment involves electricity generation from windmills.

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