Adani Wilmar gains after Q3 PAT up 66% YoY

14 Feb 2022 , 02:23 PM

Profit before tax in Q3 FY22 was Rs 306 crore, up 79% YoY.

Overall sales volume in Q3 FY22 stood at 1.26 MMT, up 6% QoQ. Food & FMCG vertical sale volume during the quarter was 0.17 MMT, up 36% QoQ.

The company added 5 new fortune mart stores. With this, the total Fortune Mart stores count is 18 spread across India.

Commenting on the quarterly results of the company, Angshu Mallick, managing director and CEO, Adani Wilmar, said, ?We have been able to continue our business performance in line with what we have been able to showcase in the recent past. As we go forward our focus will be to grow our food business so that it can contribute reasonably well in our overall basket.?

Adani Wilmar (AWL), a joint venture between Adani Group of India and Wilmar Group of Singapore, is one of the largest consumer Food FMCG companies in India. The company has a diversified product portfolio offering most of the primary kitchen essentials including edible oil, wheat flour, rice, pulses, besan and sugar.

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