AWL Agri Business reported robust financial results for the second quarter and first half of FY27. Consolidated revenue surged 26% YoY to INR 22,202 crore in Q2, driven by strong performance in Food & FMCG and Industry Essentials. Normalized Operating EBITDA grew 11% YoY to INR 623 crore. For H1 FY27, revenue increased 22% YoY to INR 42,250 crore with operating EBITDA up 25% YoY to INR 1,347 crore.
AWL Agri Business Reports Strong Q2 and H1 FY27 Financials
AWL Agri Business Limited (AWL), a leading Indian Food & FMCG company, has announced its financial results for the quarter and half year ended September 30, 2026. The company showcased significant growth, with consolidated revenue for the second quarter of FY27 (Q2 FY27) rising by 26% year-on-year to INR 22,202 crore. This performance was bolstered by the ongoing expansion of its Food & FMCG portfolio and a healthy showing in its Industry Essentials segment.
Q2 FY27 Performance Highlights
During Q2 FY27, AWL’s consolidated revenue reached INR 22,202 crore, reflecting a 26% YoY increase. This growth was supported by a substantial underlying volume increase of 14% YoY. The Normalized Operating EBITDA for the quarter saw an 11% YoY rise to INR 623 crore. The Food & FMCG business was a key driver, reporting a 32% YoY revenue growth to INR 2,216 crore, with an EBITDA margin of 3.2%, in line with the company’s FY27 guidance. The Industry Essentials segment also recorded a strong 26% YoY volume growth.
H1 FY27 Performance Overview
For the first half of FY27 (H1 FY27), AWL reported consolidated revenue of INR 42,250 crore, an increase of 22% YoY, driven by an underlying volume growth of 11%. Normalized Operating EBITDA for H1 FY27 grew by an impressive 25% YoY to INR 1,347 crore. Profit Before Tax (PBT), including profits from joint ventures, grew 27% YoY to INR 822 crore, while Profit After Tax (PAT) increased by 22% YoY to INR 591 crore.
Management Commentary
Mr. Shrikant Kanhere, MD & CEO of AWL Agri Business Limited, commented on the results, stating, “We delivered a strong performance in Q2 FY27, with revenue growing 26% and underlying volume growth of 14%, reflecting the strength of our diversified portfolio and consistent execution across businesses.” He highlighted the Food & FMCG business as a key growth driver and reiterated the company’s strategy to build one of India’s largest and most trusted Food Platforms, focusing on packaged foods, premium offerings, and operational efficiencies.
Segmental Performance Insights
The Food & FMCG segment achieved 32% YoY revenue growth to INR 2,216 crore. Within this, Rice & Wheat Flour categories showed double-digit revenue growth, and Emerging Food Categories like Fortune Pulses grew over 40% YoY. The Health & Convenience Portfolio’s LTM revenues crossed INR 1,400 crore. The Edible Oils segment recorded 5% YoY volume growth with EBITDA of approximately INR 4,100 per MT. The Industry Essentials segment saw a 26% YoY volume growth with EBITDA around INR 4,300/MT.
New Product Development and Distribution Channels
AWL continues to strengthen its premium portfolio with new product launches, including Fortune Yellow Mustard Oil. Recently introduced products like Olive Oil and Cold-Pressed Mustard Oil are gaining traction. The company is also expanding its distribution network, with General Trade reach extending to approximately 0.97 million outlets. Alternate Channels, including E-commerce and Quick Commerce, grew 13% YoY, with Quick Commerce seeing over 40% YoY growth.
Source: BSE
