Adani Wilmar, an FMCG company of Adani Group, reported a consolidated net profit of Rs 311 crore in the second quarter of FY 2024-25. The company had suffered a loss of Rs 131 crore in the same quarter a year ago.
The company’s operational revenue stood at Rs 14,460 crore in the July-September quarter. It has increased by 18% on an annual basis. In the second quarter of FY 2023-24, the company generated a revenue of Rs 12,267 crore. The money received from selling goods and services is called revenue.
Revenue of Adani Wilmar increased by 2% every quarter
In the last quarter i.e. April-June, Adani Wilmar recorded a profit of Rs 313 crore. It has decreased by 0.70% on a quarterly basis. At the same time, revenue has increased by 2%. In April-June, the company generated a revenue of Rs 14,169 crore.
Consolidated profit means the performance of the entire group
The results of companies come in two parts – standalone and consolidated.Sure! Please provide the text you’d like me to make more active, and I’ll be happy to help.
The stock of Adani Wilmar has risen 5% in a year
After the quarterly results, Adani Wilmar’s stock closed at Rs 337.50 with a gain of 6.05% today on Thursday (24 October). The company’s stock has fallen 3.47% in the last one month, 1.79% in six months, and 8.04% since January 1 this year. At the same time, the company’s stock has given a return of 5.35% in a year. The market cap of the company is Rs 44 thousand crore.
Adani Group company Adani Total Gas has made a profit (standalone net profit) of Rs 178.11 crore in the second quarter of FY 2024-25. It has increased by 6% on an annual basis. In the same quarter a year ago, the company had a profit of Rs 167.79 crore.
The company’s operational revenue stood at Rs 1315.49 crore in the July-September quarter. It has increased by 11.66% on an annual basis. In the second quarter of FY 2023-24, the company had earned Rs 1178.08 crore.
