edible oil business
Brands Companies News

ITC Considers Re-entry Into Edible Oil Market With Adani Wilmar Stake Acquisition

In a surprising turn of events, it has been reported that Kolkata-based conglomerate ITC is contemplating a potential re-entry into the edible oil business, nearly two decades after it divested its edible oil plant in Andhra Pradesh to Adani Wilmar. According to media reports, ITC’s interest in Adani Wilmar has been sparked by its growing […]

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Brands Companies Finance FMCG News

Adani Wilmar’s Food, FMCG Business Sees 25% Revenue Growth In Q2

Adani Wilmar reported robust double-digit volume growth, driven by strong performance in the Food and Fast Moving Consumer Goods (FMCG) sectors, according to its quarterly business update. However, the edible oil segment faced challenges in the second quarter of FY24. The company achieved a standalone volume growth of 11 per cent in the quarter. The […]

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