News

Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore Adani Wilmar Ltd on Thursday reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25).   In Q2 FY25, the Adani Group company clocked Rs 326 crore in standalone profit (PAT), up from Rs 324 crore in Q1 FY25. In the quarter, the company saw an 18 per cent surge in revenue at Rs 14,460 crore (year-on-year). Adani Wilmar MD and CEO Angshu Mallick said they have delivered another strong quarter, with double-digit growth in bo...
Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore
Adani Wilmar posts highest-ever half yearly net profit at Rs 624 crore
Source: IANS
2024-10-25 11:09:21 am
India`s Adani Wilmar posts profit in Q2 on higher demand for edible oils India's Adani Wilmar reported a profit for the second quarter on Thursday, buoyed by higher demand for its edible oils and food segments. The company reported a consolidated net profit of 3.11 billion rupees ($37 million) for the quarter ended Sept. 30, compared to a loss of 1.31 billion rupees an year ago. Adani Wilmar is a joint venture between the Adani group and Singapore's Wilmar International. Its revenue from its core edible oils segment, which contributes 76% to total...
India`s Adani Wilmar posts profit in Q2 on higher demand for edible oils
India`s Adani Wilmar posts profit in Q2 on higher demand for edible oils
Source: Reuters
2024-10-24 03:59:46 pm
Adani Group honoured in TIME’s World’s Best Companies of 2024 Leading integrated business conglomerate Adani Group on Friday said it has been featured in TIME magazine’s prestigious ‘World’s Best Companies of 2024’ list.  The list was prepared in collaboration with Statista, a global industry ranking and statistics portal.  Notably, eight out of 11 listed Adani portfolio companies were considered in the evaluation, reflecting a comprehensive performance across the group. The other three listed companies are subsid...
Adani Group honoured in TIME’s World’s Best Companies of 2024
Adani Group honoured in TIME’s World’s Best Companies of 2024
Source: IANS
2024-09-14 09:05:14 am
Adani Wilmar surges on the BSE Adani Wilmar is currently trading at Rs. 349.60, up by 5.20 points or 1.51% from its previous closing of Rs. 344.40 on the BSE. The scrip opened at Rs. 347.25 and has touched a high and low of Rs. 354.90 and Rs. 347.25 respectively. So far 207673 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 416.45 on 31-Jul-2023 and a 52 week low of Rs. 285.85 on 20-Nov-2023. Last one week high and low of the scrip stood at R...
Adani Wilmar surges on the BSE
Adani Wilmar surges on the BSE
Source: Accord Fintech
2024-07-30 11:50:34 am
Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilise Adani Wilmar Limited on Monday 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 1,50...
Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilise
Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilise
Source: IANS
2024-07-29 02:11:39 pm
Adani Wilmar rises on inking pact to acquire 67% stake in Omkar Chemical Industries Adani Wilmar is currently trading at Rs. 338.10, up by 3.90 points or 1.17% from its previous closing of Rs. 334.20 on the BSE.  The scrip opened at Rs. 339.85 and has touched a high and low of Rs. 340.15 and Rs. 337.25 respectively. So far 61967 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 422.55 on 26-Jul-2023 and a 52 week low of Rs. 285.85 on 20-Nov-2023. Last one week high and low of the scrip stood...
Adani Wilmar rises on inking pact to acquire 67% stake in Omkar Chemical Industries
Adani Wilmar rises on inking pact to acquire 67% stake in Omkar Chemical Industries
Source: Accord Fintech
2024-07-12 10:40:17 am
Adani Wilmar shines on reporting 13% volume growth in June quarter Adani Wilmar is currently trading at Rs. 340.15, up by 7.25 points or 2.18% from its previous closing of Rs. 332.90 on the BSE. The scrip opened at Rs. 344.25 and has touched a high and low of Rs. 347.50 and Rs. 340.05 respectively. So far 232324 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 422.55 on 26-Jul-2023 and a 52 week low of Rs. 285.85 on 20-Nov-2023. Last one week high and low of the scrip stood at R...
Adani Wilmar shines on reporting 13% volume growth in June quarter
Adani Wilmar shines on reporting 13% volume growth in June quarter
Source: Accord Fintech
2024-07-08 10:41:25 am
Adani Group stocks end higher for third straight day Adani Group's stocks ended with robust gains on Friday, rising for the third consecutive day.   ACC, Adani Enterprises, Adani Port, Adani Power, Ambuja Cement, Adani Total Gas, Adani Wilmar, and NDTV closed with gains, while only Adani Green's shares ended flat on Friday. Adani Enterprises’ stock went up by 1.1 per cent, Adani Ports and SEZ saw a gain of 1.9 per cent, Adani Total Gas was up by 1.08 per cent, NDTV climbed 4.85 per cent, while Adani Energy Solutions ros...
Adani Group stocks end higher for third straight day
Adani Group stocks end higher for third straight day
Source: IANS
2024-06-08 09:14:50 am
India's Adani Wilmar posts Q4 profit jump on strong edible oil demand India's Adani Wilmar reported a 67.5% rise in its fourth-quarter profit on Wednesday, helped by higher demand for its edible oil and softer raw material costs. The "Fortune" branded cooking oil maker said its consolidated net profit rose to 1.57 billion rupees ($18.8 million) in the quarter ended March 31, from 936.1 million rupees a year earlier. The company, which is a joint venture between Adani Enterprises and Wilmar International, sells edible oil variants, including ...
India's Adani Wilmar posts Q4 profit jump on strong edible oil demand
India's Adani Wilmar posts Q4 profit jump on strong edible oil demand
Source: Reuters
2024-05-02 09:17:51 am
Adani Wilmar clocks 67 per cent surge in PAT for FY24, gains market share across key products Adani Wilmar on Wednesday reported a 67 per cent surge in profit after tax (PAT) at Rs 157 crore for the quarter ended March 31, 2024, compared to Rs 94 crore in the same quarter in the last fiscal year. The revenue for the full year (FY24) stood at Rs 51,262 crore as the food and FMCG segment reached a milestone of almost Rs 5,000 crore, nearly doubling in two years, the company said in a statement. For the fourth quarter (Q4), the company recorded a revenue of Rs 13,238 crore. Whil...
Adani Wilmar clocks 67 per cent surge in PAT for FY24, gains market share across key products
Adani Wilmar clocks 67 per cent surge in PAT for FY24, gains market share across key products
Source: IANS
2024-05-01 05:36:27 pm
India`s Adani Wilmar sees double-digit percentage growth in Q4 edible oil sales India's Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world's biggest importer. The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of Holi and ongoing wedding season. India meets more than two-thirds of its edible oil requirements through imports, with Adani Wilmar being one of th...
India`s Adani Wilmar sees double-digit percentage growth in Q4 edible oil sales
India`s Adani Wilmar sees double-digit percentage growth in Q4 edible oil sales
Source: Reuters
2024-04-05 05:42:25 pm
Dabur India flags sluggish demand in March-quarter; shares drop Consumer goods maker Dabur India flagged sluggish demand in the March quarter and indicated slowing revenue growth from prior quarters on Thursday, sending shares to a near six-month low. Dabur said it expects mid-single digit percentage revenue growth in the quarter ended March 31, compared to a 7% rise in the December-quarter and 7.3% jump in the quarter before that. Its shares fell 4.5% after the news, and were on track for their worst day since May 2023. The stock was also the top d...
Dabur India flags sluggish demand in March-quarter; shares drop
Dabur India flags sluggish demand in March-quarter; shares drop
Source: Reuters
2024-04-04 02:40:25 pm
India`s Adani Group plans $84 billion infra spend over next decade India's Adani Group plans to spend 7 trillion rupees ($84.00 billion) over the next decade on infrastructure projects, Chief Financial Officer Jugeshinder Singh said on Friday. "Our capex will go up to run and develop infrastructure," Singh said, without elaborating on the type of projects the company would undertake. The port-to-power conglomerate runs India's largest private port and is also developing and managing several airports and roads. The billionaire Gauta...
India`s Adani Group plans $84 billion infra spend over next decade
India`s Adani Group plans $84 billion infra spend over next decade
Source: Reuters
2023-12-02 09:30:43 am