GQG Partners Cuts Stake in Patanjali Foods to 3.94%
GQG Partners reduced its Patanjali Foods stake from 4.02% to 3.94% via a six-month transaction, selling 8,83,700 shares. Patanjali Foods also reported record Q1 FY27 performance, with revenue rising 29.33% YoY to ₹11,337.45 crore and profit up 86.18% YoY to ₹335.73 crore. The firm said FMCG expansion and scaling its oil palm plantation to 1,15,861 hectares supported results.