Adani Wilmar records double-digit growth in Q4FY24

(24 seconds reading) Adani Wilmar has witnessed double-digit growth in both edible oils and foods businesses during the quarter ended on March 31, 2024. The company benefited from the strong demand during the festive occasion of Holi and the ongoing wedding season. “The company also achieved its highest ever volume during the quarter and it continues to gain market share.
The company reported a decline in its export business of animal feed, which dragged down the overall volume growth to 4 per cent YoY in Q4FY24.
Adani Wilmar’s food and FMCG segment revenue nearly doubled to Rs 4,700 crore in just two years.