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HomeNewsBusinessEarningsAdani Wilmar Q1 results: Company posts Rs 323 crore profit vs loss a year ago; shares jump over 5%

Adani Wilmar Q1 results: Company posts Rs 323 crore profit vs loss a year ago; shares jump over 5%

The company recorded highest-ever EBITDA of Rs 619 core, up by 375 percent YoY on the back of stability in edible oil prices

July 29, 2024 / 12:43 IST
Adani Wilmar Q1 results declared
     
     
    26 Aug, 2025 12:21
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    Adani Wilmar on July 29 reported a massive standalone net profit of Rs 323 crore for the quarter ended June 30, 2025. The Gautam Adani company had posted a loss of Rs 38.44 crore in the year-ago period.

    Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, sells edible oil variants, including mustard, sunflower and soyabean.

    Revenue from operations increased to Rs 13,750.04 crore from Rs 12,378.83 crore in the year-ago period.

    The company recorded highest-ever EBITDA of Rs 619 core, up by 375 percent YoY on the back of stability in edible oil prices

    The company recorded highest-ever EBITDA of Rs 619 core, up by 375 percent YoY on the back of stability in edible oil prices

    Adani Wilmar's edible oil registered strong volume growth of 12 percent YoY and surpassed 1mn MT in June quarter. Food & FMCG sales crossed Rs 1,500 crore, with an underlying volume growth of 42 percent YoY.

    Commenting on the strong performance, Angshu Mallick, MD & CEO, Adani Wilmar Limited said, "The stability in edible oil prices augurs well for our business, allowing us to deliver strong profits over the past three quarters. In Q1’25, we achieved our highest-ever EBITDA of Rs 619 crore, a 375% increase YoY and PAT of Rs 313 crores.

    With our trusted brand, Fortune, we expect continued market share gains from regional brands. Our Food products are making significant inroads into Indian households, and we plan to meet this large demand by enhancing our Food distribution through our edible oil network. In under two years since launching our dedicated HORECA distribution channel, we have surpassed Rs 500 crore in revenue on a last twelve-month basis and achieved a 90% YoY volume increase in Q1.”

    Shares of Adani Wilmar on July 29 were trading 5.44 percent higher at Rs 343.05 apiece on BSE after the results announcement.

    Moneycontrol News
    first published: Jul 29, 2024 12:21 pm

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