Adani Wilmar Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Adani Wilmar Ltd reported a 16.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.3%.
- Its expenses for the quarter were up by 15.6% QoQ and 29.9% YoY.
- The net profit increased 32.1% QoQ and increased 104.6% YoY.
- The earnings per share (EPS) of Adani Wilmar Ltd stood at 3.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 16926.00 | 14565.30 | 12887.60 | 16.2% | 31.3% |
Total Expenses | 16379.76 | 14163.43 | 12606.65 | 15.6% | 29.9% |
Profit Before Tax | 546.24 | 401.87 | 280.95 | 35.9% | 94.4% |
Tax | 153.08 | 119.95 | 74.92 | 27.6% | 104.3% |
Profit After Tax | 410.93 | 311.02 | 200.89 | 32.1% | 104.6% |
Earnings Per Share | 3.20 | 2.40 | 1.60 | 33.3% | 100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Adani Wilmar Ltd is a prominent player in the fast-moving consumer goods (FMCG) industry in India, primarily known for its production and distribution of edible oils, food products, and other consumer essentials. As a joint venture between Adani Group and Wilmar International, the company benefits from a strong lineage and expansive operational reach. It focuses on providing a broad range of products catering to everyday needs, with a significant presence in the edible oil market under the brand name "Fortune." Adani Wilmar has been actively expanding its product portfolio to include rice, wheat flour, and other packaged foods, aligning with consumer preferences and market demands. Recent developments include efforts to enhance distribution networks and penetrate deeper into rural areas, complemented by strategic marketing initiatives.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Adani Wilmar Ltd reported a total income of ₹16,926.00 crores. This figure marks a substantial increase of 16.2% quarter-over-quarter (QoQ) from ₹14,565.30 crores in Q2FY25. Additionally, there is a notable year-over-year (YoY) growth of 31.3% compared to the total income of ₹12,887.60 crores in Q3FY24. These figures underscore a significant upward trajectory in the company's revenue generation over the respective periods, reflecting enhanced operational activities and possibly increased market demand for their products.
Profitability
In terms of profitability, Adani Wilmar Ltd's profit before tax (PBT) for Q3FY25 stood at ₹546.24 crores, showcasing a robust QoQ increase of 35.9% from ₹401.87 crores in Q2FY25 and a remarkable YoY growth of 94.4% from ₹280.95 crores in Q3FY24. The tax expense for Q3FY25 was ₹153.08 crores, which reflects a QoQ rise of 27.6% from ₹119.95 crores in Q2FY25 and a YoY surge of 104.3% compared to ₹74.92 crores in Q3FY24. Consequently, the profit after tax (PAT) reached ₹410.93 crores in Q3FY25, indicating a 32.1% increase QoQ from ₹311.02 crores in Q2FY25 and a 104.6% rise YoY from ₹200.89 crores in Q3FY24. These profitability metrics highlight a period of significant financial improvement for the company.
Operating Metrics
Key operating metrics for Adani Wilmar Ltd include earnings per share (EPS), which was reported at ₹3.20 for Q3FY25. This represents a 33.3% increase QoQ from an EPS of ₹2.40 in Q2FY25 and a 100.0% increase YoY from ₹1.60 in Q3FY24. These figures suggest a positive trend in shareholder returns. Additionally, the total expenses for Q3FY25 were ₹16,379.76 crores, reflecting a 15.6% increase QoQ from ₹14,163.43 crores in Q2FY25 and a 29.9% increase YoY from ₹12,606.65 crores in Q3FY24. The financial data indicates a parallel rise in both income and expenses, which is consistent with expanded business activities during the examined periods.
