Adani Wilmar Amazing Q2 Revenue Growth

Adani Wilmar Ltd. Q2 Revenue Growth Report

Company: Adani Wilmar Ltd.

Key Highlights

• Revenue Growth:
Adani Wilmar reported a 16% increase in second-quarter revenue compared to the previous year, attributed to robust performance in both the edible oils and food business.

• Product Portfolio:
  The company emphasized that its broader portfolio of oils and food products, coupled with enhanced throughput, is providing a scale advantage in distribution. This information was disclosed in an exchange filing.

Segment Performance

Edible Oils Segment

• The 'Fortune' brand of edible oils experienced:
  - 20% year-over-year revenue growth
  - 15% volume growth

"The strategy of enhancing penetration in under-indexed markets continued, along with expanding the distribution of sunflower and mustard oil into regions outside their core areas," Adani Wilmar stated.

Food and FMCG Segments

• The food and FMCG segments saw a remarkable 36% revenue growth, driven by:
  - Increased outlet penetration
  - Repeat purchases of food products
Volume Growth: Increased by 31%.

Sales Boost Initiatives

• The introduction of small pack sizes in markets with lower per capita consumption significantly boosted sales.
• Branded sales of the following products showed strong double-digit growth:
  - Pulses
  - Besan
  - Soya nuggets
  - Sugar
  - Poha
  - Soap

Distribution Network Expansion

• The company has been actively expanding its distribution network, reaching over 36,000 rural towns directly by the end of the quarter.

Company Overview

• Joint Venture: Adani Wilmar is a joint venture between the Adani Group and Singapore's Wilmar Group.
• Infrastructure: The company operates 23 plants across India, strategically located in 10 states, including:
  - 10 crushing units
  - 19 refineries
  - Food capacities

This report highlights the strong performance and strategic initiatives of Adani Wilmar Ltd. in the second quarter, showcasing its growth trajectory in the edible oils and food sectors.

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