Adani Wilmar Q3 Results: PAT soars 104% YoY to Rs 411 crore, revenue jumps 31%
Adani Wilmar's third quarter profit soared 104% year-on-year (YoY) to Rs 411 crore, while revenue from operations increased 31% YoY to Rs 16,859 crore.
On a sequential basis, net profit jumped 32% from Rs 311 crore reported in the preceding September quarter. Meanwhile, revenues rose 17% quarter-on-quarter.
The company achieved a healthy volume growth of 5% YoY in Q3FY25, despite significant price-hikes driven by a surge in raw material costs. EBIT for the third quarter improved 60% YoY to Rs 750 crore.
In the third quarter, edible oil volumes grew by 4% YoY, recording a 38% YoY revenue growth, reaching Rs 13,387 crore. Branded sales declined in the low single digits, mainly due to a double-digit decline in packed palm oil sales and downtrading by consumers.
The food and FMCG segment recorded revenue of Rs 1,558 crore in the third quarter, up 22% YoY. The segment continued to see double-digit growth in both general trade and e-commerce channels. «Bundling our low-penetration products with fast-selling items continued to drive consumer trials and adoption. On an LTM basis, the segment recorded revenue of Rs 6,150 crore,» Adani Wilmar said in a release.
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