scorecardresearchAdani Wilmar reports 15% rise in net profit to ₹246.11 crore amid Hindenburg

Adani Wilmar reports 15% rise in net profit to 246.11 crore amid Hindenburg row

Updated: 08 Feb 2023, 04:36 PM IST
TL;DR.

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

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.

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.

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

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

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

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

Its total income in the first nine months of this fiscal rose to 44,501.14 crore against 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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First Published: 08 Feb 2023, 04:34 PM IST