Adani Wilmar Q2 Results: Co swings to black, posts Rs 311 cr profit, revenue up 18% YoY
Adani Wilmar on Thursday reported a consolidated net profit of Rs 311 crore for the September quarter, compared to a loss of Rs 131 crore posted in the same period last year. Revenue from operations in Q2 FY25 was reported at Rs 14,460 crore, an 18% increase from Rs 12,267 crore in the corresponding quarter of the previous financial year.
The profit after tax (PAT) was marginally below on a sequential basis, declining by 0.7% from Rs 313 crore in Q1 FY25.
Meanwhile, revenue grew by 2% on a sequential basis, compared to Rs 14,168.58 crore reported by the food and FMCG company in the April-June quarter.
The company's operating EBITDA or Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at Rs 612 crore in Q2, up 325% on a YoY basis.
Among the key milestones reported by the company, Adani Wilmar recorded its highest-ever half-yearly operating EBITDA in H1 FY25 at Rs 1,232 crore, marking a growth of 349% year-on-year (YoY). The company also posted its highest-ever half-yearly PAT in H1 at Rs 624 crore.
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