AWL Agri Business Q4 results: Profit up 22% on strong edible oils demand

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AWL Agri Business Q4 results: Profit up 22% on strong edible oils demand - Business Standard

Quick Summary:

India's AWL Agri Business, previously known as Adani Wilmar, reported a nearly 22% rise in fourth-quarter profit on Monday, benefiting from higher demand in its core edible oils segment.

Overall revenue rose about 38 per cent in the fourth quarter.

Cooking oil has largely resisted the broader slowdown in branded consumer goods due to its essential nature despite brands increasing prices in recent months to offset rising ingredient costs, as per analysts.