{"id":40238,"date":"2024-05-01T16:07:58","date_gmt":"2024-05-01T16:07:58","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/01\/adani-wilmar-posts-59-rise-in-q4-net-profit-at-rs-156-crore-times-of-india\/"},"modified":"2024-05-01T16:07:58","modified_gmt":"2024-05-01T16:07:58","slug":"adani-wilmar-posts-59-rise-in-q4-net-profit-at-rs-156-crore-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/05\/01\/adani-wilmar-posts-59-rise-in-q4-net-profit-at-rs-156-crore-times-of-india\/","title":{"rendered":"Adani Wilmar posts 59% rise in Q4 net profit at Rs 156 crore &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i1.wp.com\/static.toiimg.com\/photo\/msid-109760481,imgsize-26034.cms?resize=1280,720&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Adani Wilmar posts 59% rise in Q4 net profit at Rs 156 crore &#8211; Times of India\" title=\"Adani Wilmar posts 59% rise in Q4 net profit at Rs 156 crore &#8211; Times of India\" \/><\/div>\n<div>AHMEDABAD: FMCG Major, <!-- -->Adani Wilmar<!-- --> Limited, on Wednesday, announced the company posted a consolidated <!-- -->net profit<!-- --> of Rs 156 crore during the fourth quarter of FY 2024, up 59% against Rs 98 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 soybean.<br \/>The company\u2019s <!-- -->revenue<!-- --> from operations fell 3% and settled at Rs 12,703.64 crore from Rs 13,121.89 crore during the same period.While AWL\u2019s edible oils grew by 11%, its Food &amp; FMCG segment posted a 9% growth in volume terms.<br \/>AWL\u2019s edible oil segment recorded revenue of Rs 10,195 crore in <!-- -->Q4<!-- --> and Rs 38,788 crore in FY24.<br \/>Angshu Mallick, MD &amp; CEO, said, \u201cWe continued to witness strong volume growth in our edible oils &amp; foods business driven by increased retail penetration. Improvement in branded mix in edible oils during the year has also led to better profitability for the company in the second half, with reported profit after tax in the second half of FY 2024 of Rs 358 crore and Rs 404 crore on a <!-- -->consolidated<!-- --> and standalone basis respectively.\u201d<br \/>\u201cThe challenges faced by the company in Bangladesh operations have been overcome with the improved forex situation and fundamentals of the economy. The operations, however, have resumed normalcy this quarter,\u201d he further added.<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n        var JarvisUrl=\"https:\/\/vsp1jarvispvt.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n        window.getFromClient(JarvisUrl, function(config){\n          if (config) {\n            loadGtagEvents(config?.isGoogleCampaignActive);\n            loadFBEvents(config?.isFBCampaignActive);\n            loadSurvicateJs(config?.allowedSurvicateSections);\n          }\n        })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/adani-wilmar-posts-59-rise-in-q4-net-profit-at-rs-156-crore\/articleshow\/109760491.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AHMEDABAD: FMCG Major, Adani Wilmar Limited, on Wednesday, announced the company posted a consolidated net profit of Rs 156 crore during the fourth quarter of FY 2024, up 59% against Rs 98 crore in the year-ago period. Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, sells edible oil variants, including mustard, sunflower [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":40239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/photo\/msid-109760481,imgsize-26034.cms","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1128,42301,289,17406,1955,273,2111,34620,8263,498,33902,2891,572,272,42302],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/40238"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=40238"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/40238\/revisions"}],"predecessor-version":[{"id":40240,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/40238\/revisions\/40240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/40239"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=40238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=40238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=40238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}