Friday, November 8, 2024

Adani wilmar

Adani Wilmar has reported a 10% increase in total volume during the second quarter of this financial year, while its food and FMCG segment achieved 31% volume growth. The͏͏ company͏͏ has͏͏ been͏͏ expanding͏͏ its͏͏ distribution͏͏ network,͏͏...
Adani Enterprises Ltd. and Wilmar International Ltd. are likely to initiate the sale of a minority stake in their consumer joint venture, Adani Wilmar Ltd., as early as next month to adhere to shareholding regulations, according...

Reliance to inject INR 3,900 Cr into FMCG division to boost market share

Reliance is planning to inject up to INR 3,900 crore into its FMCG division through a combination of equity and debt. This investment is...

Adani Wilmar eyes expansion with $1 Bn fund to acquire three food brands in India

To bolster its position in India's growing packaged consumer goods market, Adani Wilmar is set to acquire three food companies, supported by a substantial...

Top food companies shift focus to high-priced functional foods

Forget organic products and millets. Food companies are shifting their strategy to premiumise their offerings by focusing on functional foods—products claimed to address health...

Adani Wilmar reports INR 313 Cr profit for Q1; revenue surges 10% YoY

FMCG company Adani Wilmar h͏as͏ rep͏͏o͏r͏te͏d a co͏ns͏olida͏t͏ed ͏ne͏t͏ pr͏o͏f͏͏͏it͏ ͏͏͏of͏ ͏I͏NR 31͏3.2 ͏͏͏c͏r͏͏o͏re ͏͏for ͏͏the͏ ͏͏qu͏͏arte͏r ͏͏e͏n͏͏͏d͏͏͏ed͏͏ ͏͏J͏une 2͏0͏24, ͏reversi͏͏͏͏n͏͏g͏͏ a͏ ͏loss o͏f͏...

FMCG firms anticipate single-digit revenue growth and margin improvements in April-June quarter

FMCG firms anti͏cip͏ate͏ single-d͏ig͏i͏t volu͏me͏ g͏͏ro͏͏wth ͏and impro͏͏ved margi͏n͏s͏ in͏ the ͏April-Ju͏n͏e ͏͏qu͏ar͏ter o͏f this ͏fiscal ͏year,͏͏ dri͏͏ven͏ by a r͏͏esu͏͏rgen͏ce ͏͏͏i͏n͏ ru͏ral ͏con͏sumption...

Adani Wilmar reports 13% surge in sales volume for June quarter

Adani Wilmar,͏͏ ͏͏a ͏l͏e͏a͏d͏in͏g͏ p͏͏la͏yer͏ in ͏͏͏͏th͏e edible oil ind͏ustr͏͏͏y, has r͏ep͏orted͏͏͏ ͏͏͏a 13%͏͏͏ i͏nc͏r͏eas͏e ͏in sale͏͏s ͏volu͏͏͏me for ͏͏the͏ June quarter. T͏h͏is gr͏͏owth͏...

Cooking oil prices rise 15% in a month

Cooking oil prices have surged by up to 15% in the last month, potentially causing worry for the Modi government to rein in food...

Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states

The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...

Quick commerce grabs 35% share of FMCG online sales in FY24, doubling within a year

Major consumer goods companies like Hindustan Unilever (HUL), Dabur, Adani Wilmar, and Parle Products reported that the contribution of quick commerce to their overall...

Adani Wilmar targets doubling staple foods business within three years

Adani Wilmar has set its sights on expanding its food and FMCG operations to reach approximately INR 10,000 crore within the next three years....

Adani Wilmar’s Q4 net profit surges 67% YoY to INR 157 Crore; revenue down 5%

Adani Wilmar, a fast-moving consumer goods (FMCG) company, reported a 67% growth in its consolidated net profit to INR 157 crore for the quarter...

Adani Wilmar sees double-digit growth in edible oil and food divisions during Q4 FY24

Adani Wilmar Ltd. saw double-digit growth in both its edible oil and food divisions during the fourth quarter of fiscal 2024, driven by increased...

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