Edible Oils company Adani Wilmar announced Q1FY25 results: The Company achieved revenue of Rs 14,169 crore in Q1FY25, driven by 12% YoY volume growth. Both Edible oils and Food & FMCG segments delivered strong double-digit volume growth, of 12% YoY and 42% YoY respectively, aided by growth in packaged staple food. While Oleo and Castor oil in the Industry Essential segment experienced strong double digit volume growth, a decline in the oil meal business impacted the segment’s overall growth. Strong business momentum has led to increased market share in key product categories. In edible oils, ROCP (Refined Oil Consumer Pack) market share of AWL increased by 60bps YoY to 19.0% on a moving annual total (MAT) basis, whereas in Wheat flour, market share increased by 90bps YoY to 5.9%. Additionally, branded exports volume has surged by 36% YoY. With stable edible oil prices, the Company has posted strong profits over the last three quarters. For Q1FY25, it delivered its highest-ever EBITDA at Rs 619 crore and a PAT of Rs 313 crore. Commenting on the results, Angshu Mallick, MD & CEO, Adani Wilmar said: “The Company’s revenue grew by 10% YoY to Rs 14,169 crore. The consumer shift to branded staples is benefiting us significantly. We have delivered another strong quarter, with double digit growth in both edible oils and Food & FMCG segments. The edible oils volume grew by 12% YoY to surpass 1 mn MT and the Food & FMCG volume grew by 42% YoY, exceeding Rs 1,500 crore in Q1. The stability in edible oil prices augurs well for our business, allowing us to deliver strong profits over the past three quarters. In Q1FY25, we achieved our highest-ever EBITDA of Rs 619 crore, a 375% increase YoY and PAT of Rs 313 crore. With our trusted brand, Fortune, we expect continued market share gains from regional brands. Our Food products are making significant inroads into Indian households, and we plan to meet this large demand by enhancing our Food distribution through our edible oil network. In under two years since launching our dedicated HORECA distribution channel, we have surpassed Rs 500 crore in revenue on a last twelve-month basis and achieved a 90% YoY volume increase in Q1.” Result PDF