 "Adani Wilmar")
In its first quarterly results after listing on stock exchanges, Adani Wilmar Limited (AWL) has registered a net profit of Rs 211 crore for the third quarter ended December 31, 2021. A joint venture between Adani Group of India and Wilmar Group of Singapore, AWL's consolidated revenues for the quarter stood at Rs 14,379 crore in the financial year 2021-22.
According to the edible oil and foods major, the net profit was up by 66 per cent quarter-on-quarter (QoQ) while revenues rose by 41 per cent QoQ amid its growing food business.
"We have been able to continue our business performance in
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