- Adani Wilmar Q4 Net Profit Jumps 67% To ₹ 156.75 Crore
- Adani Wilmar Records Double-Digit Percentage Growth In Q4 Edible Oil Sales
- Adani Wilmar Records 25% Volume Growth In Q1, Sales Value Decline By 12%
- Adani Wilmar Limited has reported its highest-ever net profit of ₹ 313 crore for the April-June quarter (Q1 FY25), marking a significant financial achievement. The company’s revenue reached ₹ 14,169 crore, driven by a 12% year-on-year (YoY) volume growth, as stability in edible oil prices supported strong earnings.
The company achieved its highest-ever EBITDA of ₹ 619 crore, a remarkable 375% increase YoY. This growth was bolstered by robust performance in its edible oil segment, which registered a 12% YoY volume growth and surpassed one million metric tonnes (MT) in Q1.
In addition to its success in edible oils, Adani Wilmar saw its Food and FMCG sales exceed ₹ 1,500 crore for the quarter, with an impressive underlying volume growth of 42%. Angshu Mallick, MD and CEO of Adani Wilmar, attributed this growth to the consumer shift towards branded staples.
“The consumer shift to branded staples is benefiting us significantly. We have delivered another strong quarter, with double-digit growth in both edible oils and Food & FMCG segments,” said Mallick.
The company’s strong business momentum has also led to increased market share in key product categories. In the edible oils segment, Adani Wilmar’s market share in the refined oil consumer pack (ROCP) increased by 60 basis points YoY to 19% on a moving annual total (MAT) basis. Similarly, the market share for wheat flour rose by 90 basis points YoY to 5.9%. Branded export volumes also surged by 36% YoY.
Stable edible oil prices have been a significant factor in Adani Wilmar’s profitability over the past three quarters. For Q1 FY25, the company delivered its highest-ever EBITDA of ₹ 619 crore and a PAT of ₹ 313 crore.
The company also reported strong growth in its food products segment, leveraging its well-established distribution network for edible oils. The quarter’s performance was further supported by sales of non-basmati rice to government-appointed agencies for export purposes.
“The stability in edible oil prices augurs well for our business, allowing us to deliver strong profits over the past three quarters,” Mallick noted. “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.”
Despite the robust performance in other segments, the industry’s essentials segment’s revenue remained flat at ₹ 1,986 crore in Q1, compared to the same period last year.
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Adani Wilmar Clocks Highest-Ever Net Profit At ₹ 313 Crore In Q1
