Adani Wilmar shares were up 5 per cent as the company reported a massive standalone net profit of Rs 323 crore for the quarter ended June 30, 2025. The Gautam Adani company had posted a loss of Rs 38.44 crore in the year-ago period.
Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, sells edible oil variants, including mustard, sunflower and soyabean.
Its revenue jumped 9.6 per cent year-on-year (YoY) to Rs 14,168 crore, up from Rs 12,928 crore in the same quarter of the previous year.
The company reported strong double-digit volume growth in both the Edible Oils and Food & FMCG segments, with increases of 12 per cent YoY and 42 per cent YoY, respectively, driven by growth in packaged staple foods. 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.
With stable edible oil prices, the company has posted strong profits over the last three quarters. For Q1’25, it delivered its highest-ever EBITDA at Rs 619 crores.
Segment-wise, in Q1, revenue from the edible oil segment grew by 8 per cent YoY to Rs 10,649 crore, supported by an underlying volume growth of 12 per cent YoY. This marks the second consecutive quarter of double-digit volume growth, contributing to an increase in market share.
Meanwhile, the Food & FMCG segment’s revenue grew by 40 per cent to Rs 1,533 crores, with an underlying volume growth of 42 per cent YoY.
“Food products demonstrated strong growth by harnessing the well-established and widely penetrated distribution network of edible oils, along with increasing trials through strategic bundling and trade schemes. The quarter’s growth was additionally supported by sales of non-basmati rice to Government appointed agencies for exports,” the company said in a release.
“Revenue from branded Food & FMCG products in the domestic market has consistently grown at a rate exceeding 30 per cent YoY for the past eleven quarters. The company anticipates that this strong growth trajectory will persist,” it said.
The industry essentials segment’s revenue stayed flat Rs 1,986 crores in Q1, compared to the same period last year. While the Oleo-chemicals and Castor businesses witnessed strong double-digit growth, the segment’s overall volume declined by 6 per cent YoY in Q1, mainly due to a 22 per cent drop in the oil meal business.
“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,” Angshu Mallick, MD & CEO, Adani Wilmar said.
Shares of Adani Wilmar on July 29 were trading 5.44 per cent higher at Rs 343.05 apiece on BSE after the results announcement.
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