{"id":142375,"date":"2023-02-21T07:59:27","date_gmt":"2023-02-21T12:59:27","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142375"},"modified":"2023-02-23T06:36:06","modified_gmt":"2023-02-23T11:36:06","slug":"earningsadani-wilmar-limited-nseawl-q3fy23-results-out-total-income-rise-7-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earningsadani-wilmar-limited-nseawl-q3fy23-results-out-total-income-rise-7-yoy\/","title":{"rendered":"Earnings|Adani Wilmar Limited (NSE:AWL): Q3FY23 Results Out; Total Income rise 7% YoY"},"content":{"rendered":"\n

Adani Wilmar Limited (NSE:AWL)<\/a> is a joint venture between the Adani Group and Wilmar International, and is one of the largest FMCG companies in India. It is primarily engaged in the business of manufacturing, packaging, and distribution of edible oils, specialty fats, and oleochemicals. The company’s flagship brand, Fortune, is a leading edible oil brand in India, and it also exports its products to more than 50 countries.<\/p>\n\n\n\n

Adani Wilmar Limited (AWL) reported its Q3FY23 results, recording a 16% growth in volume and 7% growth in revenue, with a 16% YoY increase in profit after tax. The company witnessed growth in both volume and revenue for the first 9 months of FY23 at 13%. The Food & FMCG segment is the new growth engine of the company, contributing 15% by volume to overall sales, clocking Rs ~2,900 crore of revenue in the first 9 months and expected to register around Rs 4,000 crore revenue for the full year FY23. In the edible oil segment, AWL recorded a 50% YoY growth in Mustard Oil volume, and the \u2018Fortune\u2019 brand remains the no.1 player in \u2018Kachi Ghani\u2019 Mustard Oil. AWL also continued its leadership position in Castor Oil exports, increasing its market share to 32% in Q3 FY23. <\/p>\n\n\n\n

The alternate channel registered a strong YoY volume growth of 32% & 26% in Q3FY23 and 9M FY23, respectively. The company is progressing well in the forward integration of its Industry essential business, resulting in growth in sales of specialty chemicals, in addition to the growth in basic oleochemicals from capacity expansion. The standalone volume grew by 17% to 1.41 mn MT in Q3, leading to EBITDA growth of 23% and PAT growth of 15%. AWL reported consolidated revenue at Rs 15,438 crore, and on a standalone basis, registered revenue of Rs 14,714 crore, EBITDA of Rs 623 crore and PAT of Rs 277 crore in Q3.<\/p>\n\n\n\n

Commenting on the results, Mr. Angshu Mallick, MD & CEO, Adani Wilmar Limited said: \u201cWe have been witnessing a consistent demand for safe, hygienic, and nutritious packaged staple food. We are leveraging the distribution network, manufacturing facilities, logistics and customer relationships of edible oil business to grow rapidly in Food & FMCG business, which offers a much larger opportunity compared to our well-established edible oil business. We are also expanding our product portfolio with region specific products, ready-to-cook products, and category adjacencies. The Company is progressing well in the forward integration of its Industry essential business, resulting in the growth in sales of specialty chemicals, in addition to the growth in basic oleochemicals from capacity expansion. In Q3, the standalone volume grew by 17% to 1.41 mn MT, leading to EBITDA growth of 23% and PAT growth of 15%. For the quarter, the Company recorded consolidated revenue at Rs 15,438 crore and on standalone basis, registered revenue of Rs 14,714 crore, EBITDA of Rs 623 crore and PAT of Rs 277 crore in Q3.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Adani Wilmar Limited (NSE:AWL) is a joint venture between the Adani Group and Wilmar International, and is one of the largest FMCG companies in India. It is primarily engaged in the business of manufacturing, packaging, and distribution of edible oils, specialty fats, and oleochemicals. The company’s flagship brand, Fortune, is a leading edible oil brand […]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12],"tags":[11693],"class_list":["post-142375","post","type-post","status-publish","format-standard","hentry","category-earnings","category-other-industries","tag-edible-oils"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140551,"url":"https:\/\/alphastreet.com\/india\/adani-wilmar-ltd-nse-awll-q3-fy23-results-out-total-income-rises-8-yoy\/","url_meta":{"origin":142375,"position":0},"title":"Adani Wilmar Ltd.(NSE: AWLL)| Q3 FY23 Results Out| Total Income rises 8% yoy","author":"Divyansh_Kasana","date":"February 8, 2023","format":false,"excerpt":"Adani Wilmar Limited(NSE: AWL) is an Indian FMCG company that provides edible oil, vanaspati, and specialty fats. The company's product portfolio spans three categories: (1) Edible oil including Fortune and masstige brands; (2) Packaged food and FMCG including Fortune, Jubilee, and Golden Chef; (3) Industry essentials including oleochemicals, castor oil,\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/1c5e99dd-044f-4a1b-84bb-b317ee94ccf3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144918,"url":"https:\/\/alphastreet.com\/india\/alphagraph-adani-wilmar-limited-nse-awlq4-fy23-results-outtotal-income-fell-7-yoy\/","url_meta":{"origin":142375,"position":1},"title":"Alphagraph | Adani Wilmar Limited (NSE: AWL)|Q4 FY23 Results Out|Total Income fell 7% YoY.","author":"Divyansh_Kasana","date":"May 3, 2023","format":false,"excerpt":"Adani Wilmar is a leading fast-moving consumer goods (FMCG) food company in India. The company offers a wide range of kitchen commodities, including edible oil, wheat flour, rice, pulses, and sugar, under a diverse range of brands across a broad price spectrum. Adani Wilmar caters to different customer groups and\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/dd273953-24ec-4578-9b65-a1001587b743.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":128769,"url":"https:\/\/alphastreet.com\/india\/adani-wilmar-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142375,"position":2},"title":"Adani Wilmar Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 3, 2022","format":false,"excerpt":"https:\/\/youtu.be\/6S2tW3igJ_s Key highlights from Adani Wilmar Ltd (AWL) Q4 FY22 Earnings Concall Management Update: AWL said that for FY22-23, the growth is expected to be little higher of 3% for the overall consumption growth of edible oil. Additionally, AWL also expects the per capita consumption going up. Q&A Highlights: Abneesh\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":124737,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-awl-files-papers-to-raise-%e2%82%b94500-cr\/","url_meta":{"origin":142375,"position":3},"title":"IPO Alert: AWL files papers to raise \u20b94,500 cr","author":"Nishadkishore","date":"August 11, 2021","format":false,"excerpt":"The size of the Indian packaged food retail market was about \u20b96 trillion in fiscal 2020, which contributed about 15% to the entire food and grocery segment. It is estimated that the edible oil retail market was around \u20b91.79 trillion in FY 2020 and is expected to grow at a\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140629,"url":"https:\/\/alphastreet.com\/india\/adani-wilmar-ltd-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":142375,"position":4},"title":"Adani Wilmar Ltd Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"February 9, 2023","format":false,"excerpt":"Key highlights from Adani Wilmar Ltd (AWL) Q3 FY23 Earnings Concall Q&A Highlights: [00:24:17] Manoj Menon from ICICI Securities asked about the drivers of market share gain in Edible Oil. Angshu Mallick MD said the market has not been growing in the first nine months of the year, causing a\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170762,"url":"https:\/\/alphastreet.com\/india\/awl-agri-business-q1-fy26-earnings-results\/","url_meta":{"origin":142375,"position":5},"title":"AWL Agri Business Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 29, 2025","format":false,"excerpt":"AWL Agri Business Ltd (formerly Adani Wilmar Ltd), incorporated in 1999, is active in edible oils, food, and various FMCG products and underwent a strategic renaming after Adani's exit from the joint venture in FY24. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b917,059 crore, up\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"AWL Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AWL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142375"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142375\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}