In comparison to the Rs 200.89 crore recorded during the same period last fiscal year, Adani Wilmar reported a 104.55 per cent increase in its net profit on Monday, January 27, at Rs 410.93 crore for the quarter ending December 31, 2024 (Q3 FY25).
The Adani Group company, which sells edible oils and other food products, saw a 31 per cent increase in revenue during the October–December quarter of FY25, reaching Rs 16,926 crore. Rs 12,887.21 crore was the revenue for the same quarter of the prior fiscal year.
Food and FMCG revenue growth Q3 FyY5
Strong double-digit revenue growth of 38 per cent year over year and 22 per cent year over year was achieved by Adani Wilmar's edible oils and food & FMCG segments, respectively.
Exchange filling
The Adani Group company's revenue from other channels increased in Q3 at a robust double-digit rate year over year, totaling about Rs 3,300 crores over the previous 12 months. The volume of sales from e-commerce, including quick commerce, increased at a rate of 41 per cent year over year.
Q3 FY25 Edible oil volume
The company's edible oil volume increased by 4 per cent year over year in Q3, and it made Rs 13,387 crore. Consumer downtrading and a double-digit drop in packed palm oil sales were the main causes of the low single-digit decline in branded sales. All other edible oils saw an increase in branded sales.
Revenue from edible oil Q3 FY25
Revenue from the industry essentials segment climbed 4 per cent year over year to Rs 1,915 crores during the quarter. The segment's volume decreased during the quarter as a result of lower sales of castor and oil meals.
