Versuchen GOLD - Frei
'Demand to take hit in Q3 due to rise in price of edible oils'
Business Standard
|October 25, 2024
Adani Wilmar expects rising edible oil prices to affect demand in the October-December quarter.
-
Adani Wilmar reported a net profit of ₹311 crore compared to a loss of ₹130.73 crore in the year ago quarter. Also, its revenue stood at ₹14,460 crores, which is a growth of 18 per cent Y-o-Y with an underlying 12 per cent Y-o-Y volume growth. After announcing its July-September quarter results, ANGSHU MALLICK, managing director and chief executive officer, and SHRIKANT KANHERE, chief financial officer, spoke to Sharleen D'Souza in an exclusive interview. Edited excerpts:
Do you expect strong top-line growth to continue?
Angshu Mallick: We may not replicate this growth, but one thing is certain: all this is happening because of concerted efforts to create a better distribution infrastructure.
Diese Geschichte stammt aus der October 25, 2024-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Bharat Forge signs ₹300 cr contract under EP-VI norms for army, navy
Bharat Forge Limited (BFL) has secured defence contracts worth ₹3300 crore under the Emergency Procurement-VI (EP-VI) framework for supplying indigenous unmanned systems to the security forces.
1 min
January 17, 2026
Business Standard
Centre likely to adjust ₹968 cr withheld tax
Tax authorities are set to adjust around ₹967.52 crore withheld in connection with Tiger Global’s exit from Flipkart, following a Supreme Court ruling that asked the US-based investor to pay around 214,500 crore in taxes, according to senior Central Board of Direct Taxes (CBDT) officials.
2 mins
January 17, 2026
Business Standard
Pakistan se azaadi
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles
5 mins
January 17, 2026
Business Standard
Foreign investors’ interest in GIFT City may increase
India’s International Financial Services Centre (IFSC) at GIFT City in Gujarat could see higher interest from foreign investors as they reassess offshore structures after the Supreme Court’s Tiger Global ruling.
2 mins
January 17, 2026
Business Standard
Best suited for first-time equity investors seeking broad market exposure
Flexicap funds saw the sharpest rise in assets under management (AUM) among equity-oriented schemes in 2025.
2 mins
January 17, 2026
Business Standard
Reliance Retail reports 9.2% jump in operational revenue
Reliance Retail Ventures Ltd (RRVL) on Friday reported a 2.1 per cent year-on-year rise in net profit at ₹3,558 crore for the third quarter of 2025-26 (FY26).
1 mins
January 17, 2026
Business Standard
EPFO may employ third-party agents to resolve member grievances, queries
The Employees’ Provident Fund Organisation (EPFO) is likely to empanel third-party agents to help resolve queries and grievances of members, said two officials aware of the matter.
2 mins
January 17, 2026
Business Standard
Here comes the Sun-dance
Two short films set in South India will premiere at the largest independent film festival in the US. The debutant directors talk about their first steps into filmmaking
4 mins
January 17, 2026
Business Standard
SAT sets aside Sebi order on Bombay Dyeing, promoters
The Securities Appellate Tribunal (SAT) has set aside the Securities and Exchange Board of India’s (Sebi’s) October 2022 order against Bombay Dyeing and Manufacturing Company (BDMCL), and its promoters Nusli Wadia and sons Ness and Jehangir.
1 min
January 17, 2026
Business Standard
Margin pressures drag down RIL’s profit to 4-qtr low
Retail, oil & gas divisions remain laggards
3 mins
January 17, 2026
Listen
Translate
Change font size