AWL Agri Profit Up 53.5% To Rs 292 Cr In Q4 FY26
AWL Agri Business posted a 53.5 per cent rise in Q4 FY26 net profit to Rs 292 crore, driven by strong edible oil demand, volume growth and improved margins
AWL Agri Business posted a 53.5 per cent rise in Q4 FY26 net profit to Rs 292 crore, driven by strong edible oil demand, volume growth and improved margins
The food and fast-moving consumer goods (FMCG) business remained flat during the quarter, due to consolidation of institutional rice exports (private label)
The department has issued show cause notices to some large edible oil companies for non-submission of mandatory monthly production returns, despite repeated reminders
New VOPPA 2025 Order mandates monthly reporting and stricter registration to curb hoarding and ensure fair prices The Indian government has introduced a new regulatory framework for the edible oil sector, aimed at improving transparency, data reporting, and supply chain oversight. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified by […]
The industry body states that consumers are faced with a plethora of brands and pack options that look similar but differ in quantity, leading to confusion
India’s vegetable oil imports witnessed a 13 per cent year-on-year (YoY) decline in February 2024, reaching nearly 9.75 lakh tonne, according to data released by the solvent extractors’ association of India (SEA). This decrease follows a similar trend observed in January 2024. The SEA reported that total vegetable oil imports, which encompass both edible and […]
Adani group’s FMCG arm Adani Wilmar on Wednesday reported an 18 per cent year-on-year (YoY) dip in its December quarter profit at Rs 200.9 crore as against Rs 246.1 crore in the year-ago quarter. The company had reported a loss of Rs 130.7 crore in the September quarter of FY24. Its revenue decreased by 17 […]
The Indian government has imposed a 50 per cent export duty on molasses and extended lower import duties on edible oils for another year. Aimed at bolstering domestic ethanol production and ensuring edible oil affordability. This high export tax will apply to molasses, a crucial component in the production of ethanol. According to a notification […]
The shares of several edible oil companies such as Adani Wilmar, Patanjali Foods and Kriti Nutrients jumped by up to 7.5 per cent in Friday’s trade, after the Indian government announced that they would allow the import of edible oils at lower tax rates until March 2025. Adani Group’s fast-moving consumer goods (FMCG) firm Adani […]
Patanjali Foods experienced a decline in its revenue from edible oil sales in the July-September quarter, attributed to a decrease in domestic prices influenced by a global price downturn, as per CEO Sanjeev Asthana. Asthana explained that since India heavily relies on edible oil imports, any fluctuations in global prices have a corresponding impact on […]