Blitz Bureau
NEW DELHI Adani Wilmar Limited on July 29 posted strong profits with the highest-ever PAT of Rs 313 crore in the April-June quarter (Q1 FY25), as revenue reached Rs 14,169 crore, a 12 per cent volume growth (year-on-year). The company clocked the highest-ever EBITDA of Rs 619 crore, up by 375 per cent YoY on the back of stability in edible oil prices.
Edible oil registered a strong volume growth of 12 per cent YoY and surpassed one million MT in Q1. The Food and FMCG sales crossed Rs 1,500 crore in the quarter, with an underlying volume growth of 42 per cent, the company informed.
“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 Angshu Mallick, MD and CEO, Adani Wilmar. Strong business momentum has led to increased market share in key product categories.
In edible oils, the ROCP (refined oil consumer pack) market share of the company increased by 60 bps YoY to 19 per cent on a moving annual total (MAT) basis, whereas, in wheat flour, the market share increased by 90 bps YoY to 5.9 per cent. Additionally, branded export volume has surged by 36 per cent YoY.
