AWL Agri Business net profit declines 24% in Q1 to Rs 236 crore, revenue up 20%

AWL Agri Business net profit declines 24% in Q1 to Rs 236 crore, revenue up 20%.

AWL Agri Business Ltd on Tuesday reported a 24.5 percent decline in its consolidated net profit to Rs 236.4 crore for the quarter ended June 2025 due to higher expenses. The net profit of edible oil major stood at Rs 313.2 crore in the year-ago period.

The total income rose to Rs 17,264.74 crore in the April-June quarter of the current fiscal from Rs 14,207.84 crore in the corresponding period of the preceding year, according to a regulatory filing.

The revenue of the company grew 20.5 percent for the quarter under review at Rs 17,058.7 crore, against Rs 14,154 crore in the same quarter a year ago. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reduced 41.5 percent to Rs 366 crore against Rs 626.2 crore in the year ago period, while margin came at 2.15 percent against 4.42 percent YoY.

Total expenses grew to Rs 16,954.14 crore, from Rs 13,789.67 crore. In April-June quarter, edible oil revenue was up 26 per cent year-on-year (YoY) to Rs 13,415 crore, even as volumes declined by 4 per cent annually.

"In Q1, the food and FMCG segment posted Rs 1,414 crore revenue, a decline of 8 per cent YoY, due to multiple transient headwinds," the company said. The revenue of industry essentials rose to Rs 2,229.88 crore from 1,986.26 crore. "The company witnessed a temporary volume decline, primarily influenced by the consolidation of its regional rice operations and muted consumer demand.

"Encouragingly, the core categories delivered healthy volume growth, and revenue rose 21 per cent YoY, driven by higher edible oil realizations," Angshu Mallick, MD & CEO, AWL Agri Business Ltd, said.

The reduction in import duty on crude edible oils could positively impact domestic refiners by boosting sales and curbing imports of refined oils, he added.

"Additionally, the normalization of palm oil prices is likely to support volume growth in the coming quarters," Mallick said. During the 2024-25 fiscal, AWL Agri Business Ltd, erstwhile Adani Wilmar Ltd, had posted a net profit of Rs 1,225.81 crore on a total income of Rs 63,910.28 crore. In December last year, Adani Group had announced its exit from Adani Wilmar Ltd, a joint venture with Singapore-based Wilmar Group.

AWL Agri Business Ltd, formerly known as Adani Wilmar Ltd, sells edible oils and other food products under Fortune brand.

Shares of AWL Agri Business settled nearly 2 percent lower at Rs 263.3 per share on the NSE, down 1.75 percent.

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