Net profit of Adani Wilmar reported to Rs 311.02 crore in the quarter ended September 2024 as against net loss of Rs 130.73 crore during the previous quarter ended September 2023. Sales rose 17.88% to Rs 14460.45 crore in the quarter ended September 2024 as against Rs 12267.15 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales14460.4512267.15 18 OPM %3.921.17 - PBDT494.30-12.51 LP PBT401.87-108.25 LP NP311.02-130.73 LP Powered by Capital Market - Live

Revenue from operations jumped 17.87% YoY to Rs 14,460.45 crore in the quarter ended 30 September 2024. The firm reported a profit before tax of Rs 401.87 crore in Q2 FY25, as compared with pre-tax loss of Rs 108.25 crore recorded in same quarter last year. The company has reported strong operating EBITDA of Rs 612 crore in Q2 FY25, up 325% from Rs 144 crore posted in Q2 FY24. The Edible oils and Food & FMCG segments delivered strong double-digit revenue growth of 21% YoY to Rs 10,976.55 and 34% YoY to Rs 1,718.17 respectively. The strong growth in staple foods was partially offset by the 9% decline in the Industry Essential segment. During the quarter, the Food & FMCG segment's revenue grew by 34% to Rs 1,718 crore, with an underlying volume growth of 33% YoY. Excluding the G2G exports business, the volume growth of Food & FMCG business was at 21% YoY. In the Wheat business, the company continues to grow strongly. The sales also benefitted from the introduction of small pack sizes in markets with lower per capita consumption. In Q2, branded sales of pulses, besan, soya nuggets, sugar, poha, and soap showed strong double-digit growth YoY. The Industry Essentials segment reported a revenue decline of 9% YoY to Rs 1,766 crore. During the quarter, both volume and value in this segment decreased due to lower sales in the oleo, castor meals, and oil meal businesses. Production of oleo at the Mundra plant was impacted by heavy rains. However, we anticipate that this business will return to normalized levels in the next quarter. On half-year basis, the company reported consolidated net profit of Rs 624.22 crore in H1 FY25 as against net loss of Rs 209.65 crore posted in H1 FY24. The company's revenue grew by 13.62% YoY to Rs 28,629.03 crore in H1 FY25. Angshu Mallick, MD & CEO, Adani Wilmar, said, 'We have been 2nd and 3rd largest player in Wheat flour and Basmati Rice business respectively. On the back of Trust and Quality, along with branding investments, our flagship brand 'Fortune' has been gaining good acceptance with consumers for the entire range of kitchen essentials. This along with the increasing retail penetration and new towns reach is leading to strong growth in our banded portfolio. Our other food products like pulses, besan, soya chunks, poha has also been growing in strong double digit and they in aggregate has now reached Rs 1,500 crore on LTM basis. Our overall Food & FMCG business has crossed Rs 5,800 crores on LTM basis and we stay committed to build a very large packaged food business in India.' Adani Wilmar is a provider of Edible Oil, Vanaspati, and Specialty Fats. The company offers soyabean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India.Powered by Capital Market - Live

Adani Wilmar will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live

The key equity benchmarks pared gains and traded with minor losses in the mid-afternoon trade. The Nifty traded below the 24,850 mark after hitting the day's high of 24,999.75 in afternoon trade. IT shares declined after advancing in the past trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex, was down 117.02 points or 0.13% to 81,215.52. The Nifty 50 index shed 29.52 points or 0.12% to 24,805.60. The Sensex and Nifty clocked an all-time high of 81,908.43 and 24,999.75, respectively in early-afternoon trade. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.72% and the S&P BSE Small-Cap index gained 1.06%. The S&P BSE Small-Cap index hit an all-time high at 55,066.48. The market breadth was positive. On the BSE, 2,326 shares rose and 1,690 shares fell. A total of 143 shares were unchanged. Economy: India's forex reserves jumped by $4.00 billion to hit an all-time high of $670.86 billion as of July 19, data shared by the Reserve Bank of India (RBI) showed on Friday. According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) increased by $2.57 billion to $588.05 billion. Gold reserves expanded by $1.32 billion to $59.99 billion, whereas SDRs were up by $95 million to $18.20 billion. Reserve position in the IMF was remained unchanged at $4.60 billion. Buzzing Index: The Nifty IT index fell 0.65% to 40,709.25. The index gained 2.30% in the past trading session. Mphasis (down 3.65%), Tech Mahindra (down 1.18%), Infosys (down 0.54%), HCL Technologies (down 0.51%), Coforge (down 0.34%), LTIMindtree (down 0.28%), L&T Technology Services (down 0.25%), Tata Consultancy Services (down 0.25%) and Persistent Systems (down 0.06%) declined. Numbers to Track: The yield on India's 10-year benchmark federal rallied 1.38% to 7.036 as compared with previous close 6.940 In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.7375, compared with its close of 83.7350 during the previous trading session. MCX Gold futures for 5 August 2024 settlement rose 0.36% to Rs 68,434. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.15% to 104.52. The United States 10-year bond yield fell 0.81% to 4.167. In the commodities market, Brent crude for September 2024 settlement added 7 cents or 0.09% to $80.35 a barrel. Stocks in Spotlight: Adani Wilmar surged 6.21% after the company reported a consolidated net profit of Rs 313.20 crore in Q1 FY25 as against a net loss of Rs 78.92 crore posted in Q1 FY24. The company achieved revenue of Rs 14,169 crore in Q1 FY25, driven by 12% YoY volume growth. City Union Bank jumped 5.63% after the private sector bank's net profit rose 16.38% to Rs 264.49 crore on 8.45% increase in total income to Rs 1,580.77 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

The company achieved revenue of Rs 14,169 crore in Q1 FY25, driven by 12% YoY volume growth. In Q1 FY25, the edible oil segment revenue grew by 8% YoY to Rs 10,649 crore, with an underlying volume growth of 12% YoY. This represents the second consecutive quarter of double-digit volume growth, resulting in an increase in market share. The Food & FMCG segment's revenue in Q1 FY25 grew by 40% to Rs 1,533 crore, with an underlying volume growth of 42% YoY. While Oleo and Castor oil in the Industry Essential segment experienced strong double digit volume growth, a decline in the oil meal business impacted the segment's overall growth. Strong business momentum has led to increased market share in key product categories. In edible oils, ROCP (Refined Oil Consumer Pack) market share of AWL increased by 60bps YoY to 19.0% on a moving annual total (MAT) basis, whereas in Wheat flour, market share increased by 90bps YoY to 5.9%. Additionally, branded exports volume has surged by 36% YoY. The company recorded its highest-ever EBITDA of Rs 619 crore, up by 375% YoY, in Q1 FY25 on the back of stability in edible oil prices. Angshu Mallick, MD & CEO, Adani Wilmar, said: 'The company's revenue grew by 10% YoY to Rs 14,169 crores. The consumer shift to branded staples is benefiting us significantly. The stability in edible oil prices augurs well for our business, allowing us to deliver strong profits over the past three quarters. 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. In under two years since launching our dedicated HORECA distribution channel, we have surpassed Rs 500 crore in revenue on a last twelve-month basis and achieved a 90% YoY volume increase in Q1.' Adani Wilmar is a provider of Edible Oil, Vanaspati, and Specialty Fats. The company offers soyabean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. The company is one of the largest FMCG companies in India. Powered by Capital Market - Live

Net profit of Adani Wilmar reported to Rs 313.20 crore in the quarter ended June 2024 as against net loss of Rs 78.92 crore during the previous quarter ended June 2023. Sales rose 9.60% to Rs 14168.58 crore in the quarter ended June 2024 as against Rs 12928.08 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales14168.5812928.08 10 OPM %4.371.01 - PBDT514.5925.83 1892 PBT418.17-67.68 LP NP313.20-78.92 LP Powered by Capital Market - Live

Adani Wilmar will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live