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Demand to take hit in Q3 due to rise in price of edible oils: Adani Wilmar

After announcing its July-Sept quarter results, Angshu Mallick, MD and CEO, and Shrikant Kanhere, CFO, spoke to Sharleen D'Souza in an exclusive interview

Angshu Mallick (L), managing director and chief executive officer, and Shrikant Kanhere, chief financial officer
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Angshu Mallick (L), managing director and chief executive officer, and Shrikant Kanhere, chief financial officer

Sharleen Dsouza Mumbai

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Adani Wilmar expects rising edible oil prices to affect demand in the October-December quarter. Adani Wilmar reported a net profit of Rs 311 crore compared to a loss of Rs 130.73 crore in the year ago quarter. Also, its revenue stood at Rs 14,460 crores , which is a growth of 18 per cent YoY with an underlying 12 per cent YoY volume growth. After announcing its July-September quarter results, ANGSHU MALLICK, managing director and chief executive officer, and SHRIKANT KANHERE, chief financial officer, spoke to Sharleen D’Souza in an exclusive interview. Edited excerpts:
 
Do you expect strong top-line growth

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