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- Adani Wilmar Share Price; Q1 Results 2024 | Adani Wilmar Earning And Profit
Mumbai2 minutes ago
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Adani Wilmar, an FMCG company of Adani Group, has reported a consolidated net profit of Rs 313.20 crore in the first quarter (April-June) of the financial year 2024-25. It has increased by 296.85% (nearly 4 times) on an annual basis. In the same quarter a year ago, the company had a profit of Rs 78.92 crore.
Talking about the earnings (revenue), the total was Rs 14,229.87 crore in the April-June quarter. There has been an increase of 9.51% on an annual basis. In the first quarter of the financial year 2023-24, the company had earned Rs 12,994.18 crore.
99.81% on quarterly basis Increased profit
In the fourth quarter of the last financial year i.e. January-March, Adani Wilmar had recorded a profit of Rs 156.75 crore. On a quarterly basis, it has increased by 99.81%. At the same time, the revenue has increased by 6.65%. In January-March, the company had generated a revenue of Rs 13,342.26 crore.
Adani Wilmar’s profit increased by 297% in the first quarter of FY25
on an annual basis
| Rustic Wilmer | FY25 (April-June) | FY24 (April-June) | Change (%) |
| Operational Revenue | ₹14,168.58 | ₹12,928.08 | 9.60% |
| other income | ₹61.29 | ₹66.10 | -7.28% |
| Total Income | ₹14,229.87 | ₹12,994.18 | 9.51% |
| Total Expenses | ₹13,811.70 | ₹13,061.86 | 5.74% |
| Total Tax | ₹106.54 | ₹7.97 | 1236.76% |
| Net Profit | ₹313.20 | ₹78.92 | 296.86% |
Note – Figures are in crores of rupees…
Note: Results are consolidated.
Adani Wilmar earns ₹14,230 crore in Q1
on a quarterly basis
| Rustic Wilmer | FY25 (April-June) | FY24 (January-March) | Change (%) |
| Operational Revenue | ₹14,168.58 | ₹13,238.04 | 7.03% |
| other income | ₹61.29 | ₹104.22 | -41.19% |
| Total Income | ₹14,229.87 | ₹13,342.26 | 6.65% |
| Total Expenses | ₹13,811.70 | ₹13,131.37 | 5.18% |
| Total Tax | ₹106.54 | ₹56.33 | 89.14% |
| Net Profit | ₹313.20 | ₹156.75 | 99.81% |
Note – Figures are in crores of rupees…
Note: Results are consolidated.
Adani Wilmar shares rose more than 6% after the results
The stock of the Adani Group company has given a positive return of 6.37% in the last 5 days and 3.97% in one month. At the same time, it has fallen by 4.12% in the last 6 months and 16.05% in one year. The stock of the company has fallen by 5.78% this year i.e. from January 1, 2024 till now. The market-cap of the company is Rs 44,890 crore.
After the results, Adani Wilmar shares are trading up 6.24% at Rs 345.45 today (Monday, July 29).
Adani Wilmar was listed in the stock market in February 2022
Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, sells a variety of edible oils including mustard, sunflower and soybean. Adani Wilmar raised Rs 3600 crore through IPO in February 2022. Shares were issued to investors at Rs 230 per share.
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