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Adani Wilmar Q3 net profit up 15% YoY to ₹246 crore

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New Delhi, great edible oil Adani Wilmar Ltd on Wednesday reported a 15 percent increase in its consolidated profit to Rs 246.11 crore for the third quarter ending December 2022, on higher revenues. The net profit was Rs 211.41 crore in the same period last year.

Total income rose to Rs 15,515.55 crore in the third quarter of this fiscal year from Rs 14,398.08 crore a year ago, according to a filing file.

The net profit of the company fell to Rs 488.51 crore during the April-December period of this financial year compared to Rs 569.45 crore in the same period a year ago.

Total income in the first nine months of this fiscal year rose to Rs 44,501.14 crore from Rs 39,347.33 crore in the same period a year ago.

Adani Wilmar, who sells his cooking oils and a number of other foodstuffs under the Fortune brand, is a 50:50 joint venture between business conglomerate Adani group and Wilmar from Singapore.

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