Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Oil Prices, Monsoon Stoke AWL Optimism
Mint Hyderabad
|July 16, 2025
The entire industry experienced a volume contraction in the edible oils category
WL Agri Business Ltd (AWL), which sells edible oils, flour and food, expects a significant rise in demand, particularly ahead of the festive season, spurred by a recent cooling in edible oil prices and strong monsoon showers that are key to the rural economy.
This price decline is a direct result of the government's decision to cut duties on crude edible oil imports. Angshu Mallick, managing director and chief executive officer (CEO), AWL Agri Business, said in an interview with Mint that the company has fully passed on these price reductions on edible oils to consumers, and is expecting a pickup in demand July onwards.
In April-June, the maker of Fortune edible oil posted a 5% year-on-year decline in overall volumes, even as the company posted a 21% rise in revenue, reaching 17,059 crore. The volume dip in the June quarter was largely attributed to edible oil and food.
Diese Geschichte stammt aus der July 16, 2025-Ausgabe von Mint Hyderabad.
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 Mint Hyderabad
Mint Hyderabad
A play of wind, water and light on a canvas in Skagen
Skagen, at the tip of Denmark, is known for its sea, dunes, ethereal light, and artists who made this town immortal
3 mins
October 02, 2025
Mint Hyderabad
Sep manufacturing PMI dips—exports rise. Are they blips?
Business activity in India’s manufacturing sector has lost a bit of momentum.
1 mins
October 02, 2025
Mint Hyderabad
LG Electronics India banks on domestic demand, premium portfolio
LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products.
2 mins
October 02, 2025
Mint Hyderabad
New Income Tax Act hasn't simplified tax: CA Prakash Hegde
Over the past few years, two big shifts have changed how Indians plan their taxes: the introduction of the new tax regime and the changes in capital gains taxation.
2 mins
October 02, 2025
Mint Hyderabad
Pocket FM to raise $150 million
The firm has appointed Goldman Sachs to raise the funds it will use for global expansion, stronger technology
2 mins
October 02, 2025
Mint Hyderabad
RBI unveils plans to bolster credit flow to corporates, capital market
Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding
2 mins
October 02, 2025
Mint Hyderabad
Festive cheer: Govt hikes DA, crop prices in ₹1.2 trillion push
The government on Wednesday approved a hike in dearness allowance for its employees, increased the minimum support price (MSP) for key crops, and okayed a mission to boost pulses output in the country, in decisions that will cost the Centre ₹1.2 trillion.
1 mins
October 02, 2025
Mint Hyderabad
RSS AND ITS 100 YEARS OF SERVICE TO THE NATION
A hundred years ago, on the sacred occasion of Vijayadashami, the Rashtriya Swayamsevak Sangh was founded. This was not the creation of something entirely new. It was a newer manifestation of an ancient tradition, where India's eternal national consciousness expresses itself periodically, in different forms, to face the challenges of the times. In our times, the Sangh is the embodiment of that timeless national consciousness. It is the good fortune of our generation of swayamsevaks that we are witnessing the Sangh's centenary. To mark this glorious journey of a 100 years, the Government of India has released a special postage stamp and commemorative coin.
3 mins
October 02, 2025
Mint Hyderabad
Central bank seen keeping its options open on Tata Sons IPO
A day after the Reserve Bank of India's deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with governor Sanjay Malhotra's comment leaving the matter open to interpretation.
1 mins
October 02, 2025
Mint Hyderabad
Festive demand, tax cut power India's auto sales in September
keting head Partho Banerjee said.
2 mins
October 02, 2025
Listen
Translate
Change font size