Adani Wilmar Q4FY24 consolidated profit soars 67% to Rs 156.75 cr
Mumbai, May 1 -- Adani Wilmar Ltd, primarily operating in the edible oil and food-FMCG sectors, announced a 67 percent surge in its consolidated net profit to Rs 156.75 crore for the quarter ending March, despite a decrease in revenue.
This comes as a considerable increase compared to its net profit of Rs 93.61 crore recorded in the corresponding period of the previous year.
According to a regulatory filing, the companys total income for the January-March period of the last fiscal year declined to Rs 13,342.26 crore from Rs 14,185.68 crore in the year-ago period.
Throughout the fiscal year 2023-24, Adani Wilmar witnessed a decline in net profit to Rs 147.99 crore from Rs 582.12 crore in the previous year, attributable to lower revenue....
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