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Adani Wilmar Q4 Results 2023

Adani Wilmar Q4 Results 2023 Adani Wilmar Q4 Results 2023 Date || Adani Wilmar Q4 2023 || Adani Wilmar Q4FY23 || Adani Wilmar Q4 FY23 || Adani FMCG Products || Adani Wilmar Products list || Brand fortune || Brand fortunes || awl products || Fortune oil company name On May 3, 2023, Adani Wilmar released its Q4FY23 results. While the company's revenue from operations dipped 7% year over year (YoY) to Rs 13,872.6 crore, its net profit fell 60% YoY to Rs 93.61 crore. Several causes, such as the following, contributed to the decrease in profit: a decrease in the price of edible oil, which impacted the company's main operation by reducing margins. a rise in input expenses, including shipping and packing. a decrease in the bread and frying industries' demand for edible oil. Adani Wilmar's revenue for the entire fiscal year 2022–23 (FY23) increased 7% YoY to Rs 58,185 crore despite the reduction in profit. In just two years, the company's food business more than doubled its