AWL Agri Business reports its Q3 FY26 results, showing a revenue of ₹18,602.67 Crores and a profit of ₹269.03 Crores. The company also announced that Adani Enterprises Ltd. has diluted its stake. Shrikant Kanhere assumes the role of Managing Director and Chief Executive Officer, marking a pivotal shift in leadership. The company’s Q3 performance reflects its continued presence in the agri-business sector.
Financial Performance
AWL Agri Business (formerly Adani Wilmar) has released its financial results for Q3 FY26, reporting a revenue from operations of ₹18,602.67 Crores. Other income contributed ₹132.15 Crores, bringing the total income to ₹18,734.82 Crores. The company’s profit for the period stood at ₹269.03 Crores.
Segment Analysis
The revenue breakdown by segment is as follows:
- Edible Oil: ₹15,025.30 Crores
- Food & FMCG: ₹1,647.58 Crores
- Industry Essentials: ₹1,929.79 Crores
Segment results before tax were ₹459.60 Crores. After considering unallocable finance costs and expenses, the profit before tax reached ₹363.43 Crores.
Leadership Transition
The announcement includes a significant update regarding company ownership and leadership. Adani Enterprises Ltd. (AEL) has fully diluted its stake in the company as of November 21, 2025, and Wilmar, through Lence, now holds 56.94% equity. As a result, AWL Agri Business has become a subsidiary of Wilmar.
Shrikant Kanhere is now the Managing Director and Chief Executive Officer of AWL Agri Business.
Other Key Points
- The company completed its initial public offer (IPO) in the year ended March 31, 2022, raising ₹3,506.02 Crores. These funds have been fully utilized as of September 30, 2025.
- AWL Agri Business has become the Subsidiary Company of Wilmar with effect from November 21, 2025.
Source: BSE
