Friday, November 8, 2024

Edible oils

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

News
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 ended March 2024. This marks a significant increase from INR 94 crore...

Patanjali Foods mulls acquisition of Patanjali Ayurved’s non-food business to boost product portfolio

News
Patanjali Foods Ltd, which is mainly into edible oils, said that it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. Patanjali Foods stated in a regulatory...

Retail food inflation eases to 8.52% in March 2024 as prices of pulses and oils decline marginally

News
Retail food inflation eased slightly to 8.52% in March 2024 from 8.66% in the previous month, driven by a sequential decline in the prices...

Adani Wilmar unveils #Fortunewaliholi DVC to celebrate Holi’s vibrant colors and food delights

News
Adani Wilmar, a prominent FMCG company in India's food sector, has initiated a campaign called 'Holi ke rang, Fortune ke sang,' aiming to capture...

India’s vegetable oil imports decline 13% in February to 9.75 Lakh Tonne: SEA

News
India's vegetable oils import fell 13 per cent year-on-year in February to nearly 9.75 lakh tonne, according to industry data. In a statement on...

Patanjali Foods’ Q3FY24 net profit falls 19.55% to INR 216.54 crore

News
Patanjali Foods, an Indian fast-moving consumer goods company, reported a 19.55% decline in its net profit to INR 216.54 crore for the quarter ending...

Wedding season drives demand for essential items, boosts consumption by 35%

News
Demand for essential items such as basmati rice, edible oils, and maida (refined wheat flour) has seen a notable year-on-year increase of up to...

Adani Group set to exit edible oil giant Adani Wilmar in high-stakes sale

News
Adani Group is currently engaging in discussions with several multinational consumer goods corporations regarding the potential sale of its complete 43.97% share in Adani...

Adani Wilmar Limited surges with 18% year-on-year volume growth in H1 2024, eyes expansion in food business

News
Adani Wilmar Limited delivered a strong performance in the recent quarter, showcasing an impressive 18 percent year-on-year volume growth in the first half of...

Food prices to remain stable during festive season: Centre

News
Government on Thursday assured that prices of all major food items and commodities will remain stable during the upcoming festival season. Food secretary Sanjeev Chopra...

Adani Wilmar records impressive 25% YoY volume growth in Q1FY24 driven by surge in demand

News
Adani Wilmar on Wednesday reported a 25 percent year-on-year volume growth during the quarter ending June 30, mainly on account of robust consumer demand...

Price relief for consumers as Indian government lowers import duty on refined edible oils

News
Consumers would now have to pay less for edible oils as the Indian government has reduced basic import duty on refined soyabean oil and...

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