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Adani Wilmar Profit Rises 15% To Rs 246 Crore In December Quarter

The total income rose to Rs 15,515.55 crore in the third quarter of this fiscal from Rs 14,398.08 crore a year ago, according to a regulatory filing

Edible oil major Adani Wilmar on Wednesday reported a 15 per cent increase in its consolidated profit to Rs 246.11 crore for the third quarter ended December 2022, on higher revenue.

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Its net profit was Rs 211.41 crore in the year-ago period.

The total income rose to Rs 15,515.55 crore in the third quarter of this fiscal from Rs 14,398.08 crore a year ago, according to a regulatory filing.

The company's net profit fell to Rs 488.51 crore during the April-December period of this fiscal compared to Rs 569.45 crore in the year-ago period.

Its total income in the first nine months of this fiscal rose to Rs 44,501.14 crore against Rs 39,347.33 crore in the year-ago period. 

Adani Wilmar, which sells its cooking oils and some other food products under the Fortune brand, is a 50:50 joint venture between business conglomerate Adani Group and Singapore-based Wilmar.
 

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