AWL Agri Business (formerly Adani Wilmar Limited) announced its financial results for the second quarter of FY27, reporting a consolidated revenue of INR22,202 crores, marking a 26% increase year-on-year. The company also achieved a 14% volume growth and maintained healthy operating profitability. Key segments like Food & FMCG and Industry Essentials demonstrated strong performance during the quarter.
AWL Agri Business Reports Strong Q2 FY27 Performance
AWL Agri Business, formerly known as Adani Wilmar Limited, has announced its financial results for the second quarter ending September 30, 2026 (Q2 FY27). The company reported a robust consolidated revenue of INR22,202 crores, representing a significant year-on-year growth of 26%. This growth was underpinned by a healthy underlying volume increase of 14%.
Key Financial Highlights
The company’s operating profitability remained strong, reflecting the diversified portfolio and effective execution across its business segments. Normalized operating EBITDA grew 11% year-on-year to INR623 crores. Profit before tax stood at INR344 crores, a 4% increase, while profit after tax was INR239 crores, marginally lower by 2% year-on-year due to minimum corporate tax implications for its Bangladesh subsidiary.
Segmental Performance
Food and FMCG
The Food and FMCG business continued to be a key growth driver, with revenue increasing by 32% to cross INR2,200 crores in quarterly revenues. This segment is central to AWL’s strategy of building a large and trusted food platform, focusing on Daily Essentials and Center of the Plate categories. Growth was broad-based, with rice and flour businesses maintaining double-digit revenue growth. The Fortune pulses portfolio saw over 40% growth, crossing INR100 crores in quarterly revenue. The health and convenience portfolio also showed strong performance, with LTM revenues exceeding INR1,400 crores.
Edible Oils
The edible oils business reported a 5% volume growth during the quarter, despite a challenging operating environment. The company maintained its market share, supported by growth in domestic oils like mustard, groundnut, and cottonseed oil. EBITDA for edible oils stood at approximately INR4,100 per MT, within the guided range.
Industry Essentials
Industry Essentials delivered another strong quarter with volume growth of 25%. This segment now contributes around 45% of segment revenue, driven by oleochemicals and specialty chemicals. The company is focusing on scaling its value-added specialty chemical portfolio.
Outlook and Strategy
Looking ahead, AWL Agri Business remains focused on accelerating the scale-up of its food and FMCG business, strengthening its leadership in edible oil, and expanding its value-added oleochemicals and specialty chemicals portfolio. The company expects continued strong revenue growth in food and FMCG, aiming for margin improvement in the medium term. For edible oil, mid-single-digit volume growth and stable EBITDA per ton are anticipated. The growth in Industry Essentials is expected to be supported by the increasing contribution of value-added chemicals.
Source: BSE
