Adani Wilmar Q3 profit surges 105% to Rs 411 crore

Adani Wilmar Limited (AWL) recorded its highest-ever quarterly revenue of ₹16,859 crores in Q3 FY25, a 31% year-on-year (YoY) increase, alongside a 57% rise in operating EBITDA to ₹792 crores and a 105% surge in PAT to ₹411 crores.

According to the company statement, AWL has enhanced its digital capabilities, enabling better pricing decisions, improved fulfillment rates, and optimised advertising spend efficiency. These advancements have also provided insights into competitor pricing, aiding the company in refining its market strategies. The company achieved a strong 13% volume growth for the first nine months of FY24, driven by broad-based growth across all segments.

“In its 25th year, AWL has launched a year-long celebration of its iconic ‘Fortune’ brand, with consumer campaigns and digital storytelling initiatives. The brand’s unique activation during Diwali, involving over six lakh diyas lit with Fortune Kachi Ghani Mustard Oil, exemplifies its commitment to fostering deeper consumer connections,” stated the company.

Food and FMCG Growth

The Food & FMCG segment posted remarkable growth with a 22% YoY revenue increase and a 23% YoY volume growth in Q3. The segment’s trailing twelve months (TTM) revenue stood at ₹6,150 crores, bolstered by strategic bundling offers, loyalty programs, and expansion into new markets. The wheat flour and rice categories were standout performers, with the company outpacing industry growth in wheat flour and introducing new small-pack sizes to drive adoption in the South and West regions.

Rural Expansion and E-commerce Momentum

Adani Wilmar’s rural distribution network has expanded dramatically, now reaching over 43,000 rural towns compared to 5,000 in March 2022. The company aims to cover 50,000 towns by FY25. Its e-commerce sales also grew by an impressive 41% YoY, while the HORECA (hotels, restaurants, and catering) channel achieved 35%+ volume growth, generating ₹600 crores in revenue on an LTM basis.

Edible Oils Performance

The edible oils segment recorded a 38% YoY revenue growth, reaching ₹13,387 crores in Q3, with a 4% volume growth. The company gained market share in key categories like sunflower and mustard oil. Initiatives such as festival-specific product launches and region-focused campaigns have strengthened consumer engagement, highlighted by the success of its soybean oil promotion in Bihar during Chhath Puja. 

Recognition and CSR Initiatives

The company’s ESG efforts received accolades, including the Indian CSR Awards 2024 for its healthcare initiatives for rural children and multiple awards for safety and green manufacturing. Additionally, AWL’s supply chain digital transformation earned the SKOCH Award for its Integrated Logistics Management System.

Commenting on the results, Angshu Mallick, MD & CEO of Adani Wilmar, stated, “We are committed to building a large packaged food business in India. Our strategies are delivering positive results, with strong growth in both edible oils and Food & FMCG. This quarter’s record profits reinforce our diversification and market expansion goals.”

With a solid growth trajectory, innovative campaigns, and a robust distribution network, Adani Wilmar continues to strengthen its position as a leader in India’s FMCG sector.