Adani Wilmar posts ₹131 cr loss in Q2; shares drop
Revenue of Adani Wilmar slipped 13% year-on-year to ₹12,267 crore in the second quarter
edible oil
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Hamdard Laboratories, makers of Rooh Afza, diversify into spices, edible oils
The legacy brand began to lose its sheen among the younger generation and that’s when the manufacturers felt the need to contemporise
'Not in a position to comment': Adani Wilmar on report of Adani Group looking to exit JV
"The news item refers to one of the promoter of our Company and not to any actions by the Company," says Adani Wilmar.
Adani Wilmar shares drop 5% as Adani Group mulls stake sale
Adani Enterprises is reportedly looking to sell its entire 43.97% stake in Adani Wilmar, which is expected to be worth about $2.7 billion at the current share price.
Relief to consumers as govt cuts basic import duty on edible oil by 5%
The Cente says the decision to cut duty will augment the earlier measures taken to reduce the prices of edible oils in the domestic market
Adani Wilmar Q4 profit tumbles 60% on falling edible oil prices; revenue slips 7%
For FY23, the FMCG major posted 28% growth in profit at ₹582 crore, while revenue grew 7% to ₹58,185 crore.
Young gun of Gulab oils, Dishit Nathwani conquering FMCG market in unconventional style!
Dishit, as a part of his vision, has diversified into other categories such as Cold Pressed Oils and Organic food products
Adani Wilmar shares drop 4% after Q2 profit warnings
Adani Wilmar expects revenues and volumes to grow at low single digits during the September quarter of the current fiscal (Q2 FY23).
From ₹30 to ₹730: This multibagger FMCG stock delivered 23x returns in just six months
The share price of the edible oil manufacturer has been hitting the upper circuit for the last 58 sessions and has risen around 1,500% during the period.
Govt tells edible oil producers to declare net quantity without temperature
Oil manufacturers have been advised to ensure that the quantity declared on the package in volume and mass should be correct.
