Adani Wilmar Share Price Live blog for 07 Nov 2023

Adani Wilmar stock price went down today, 07 Nov 2023, by -1.72 %. The stock closed at 317.45 per share. The stock is currently trading at 312 per share. Investors should monitor Adani Wilmar stock price closely in the coming days and weeks to see how it reacts to the news.
07-11-2023

Adani Group in talks to sell entire 43.97% stake in Adani Wilmar: Report

Adani Group is planning to exit a few businesses to invest deeply in core focus areas such as infrastructure. Plans to disinvest in Adani Wilmar are part of those plans.
06-11-2023
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Adani Wilmar Ltd - 543458 - Statement Of Deviation, If Any, In Utilization Of IPO Proceeds During The Quarter Ended September 30, 2023.

Statement of deviation, if any, in utilization of IPO proceeds during the quarter ended September 30, 2023.
03-11-2023
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Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Adani Wilmar Ltd.

Edible Oils company Adani Wilmar announced Q2FY24 & H1FY24 results: 1. Revenue Growth: Q2FY23: Volume (MMT): 1.46, a YoY increase of 11%. Revenue: Rs 12,267 crore, showing a YoY decrease of 13%. Gross Profit: Rs 1,223 crore, down 9% YoY. EBITDA: Rs 144 crore, a significant YoY decrease of 43%. PBT (Profit Before Tax): Rs (108) crore. PAT (Profit After Tax): Rs (131) crore. H1FY24: Volume (MMT): 2.95, with an 18% YoY increase. Revenue: Rs 25,195 crore, marking a YoY decrease of 13%. Gross Profit: Rs 2,400 crore, down 15% YoY. EBITDA: Rs 274 crore, a substantial YoY decrease of 61%. PBT (Profit Before Tax): Rs (176) crore. PAT (Profit After Tax): Rs (210) crore. 2. Edible Oil Segment: - The Edible Oil segment grew by 4% YoY on volumes in Q2FY24, dragged by lower volumes in B2B sales. - The branded sales in the edible oil segment grew faster than overall sales, registering a growth of 12% YoY on volumes in Q2FY24. - The growth in edible oils segment was primarily led by sunflower oil and mustard oil, which have been growing faster than the industry due to strong brand equity. 3. Food & FMCG Segment: - The Food & FMCG segment, which includes products such as wheat flour, rice, pulses, besan, sugar, poha, and soap, continued to outperform. - In Q2FY24, the segment revenues grew at 26% YoY, with an underlying volume growth of 19% YoY. - The domestic foods business grew by 50%+ YoY during the quarter, supported by strong brands - Fortune and Kohinoor. 4. Industry Essentials Segment: - The industry essentials business grew by 25% YoY in Q2FY24, supported by robust growth in Castor & Oleochemical businesses (20%+ growth). 5. Profitability: - Profitability was adversely impacted due to loss in the edible oil segment, which was partially offset by better margins in the Food & FMCG and industry essential segments. - Outlook: The Company expects the profitability of Edible Oils to come back to normal levels in terms of Gross Margin and EBITDA per ton. Food & FMCG and Industry Essentials are expected to continue their profitability momentum. "We continued the growth momentum across all the business categories, amidst the challenging environment in the edible oils segment. The Company gained market share across most of the edible oil & food categories, given the immense focus on expanding our direct reach and rural town coverage. Today, 30% of our sales come from rural towns, wherein more than 70% population resides. In the past 6 months, we have added over 13,000+ towns, and we will continue this growth. The out-of-home consumption continues to grow with our HoReCa business showing volume growth of over 50%+ on a QoQ basis." - Angshu Mallick, MD & CEO, Adani Wilmar. Result PDF
03-11-2023
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Adani Wilmar Ltd - 543458 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Monitoring Agency Report for the quarter ended September 30 2023.
02-11-2023
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Adani Wilmar Ltd - 543458 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper publication on unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2023
02-11-2023
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Adani Wilmar Ltd - 543458 - Audio Recording Of Analysts/ Investors Call Pertaining To The Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September, 2023.

Audio Recording of Analysts/ Investors Call pertaining to Unaudited Financial Results for the quarter and half year ended 30 September 2023
01-11-2023
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