Business Standard

Rural demand has come back, but El Nino a worry: Adani Wilmar MD & CEO, CFO

'In the commodity business, it is volume that matters. We have grown 16 per cent annually'

Angshu Mallick, Shrikant Kanhere
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Left to right: Angshu Mallick, MD & CEO, Adani Wilmar and Shrikant Kanhere, CFO, Adani Wilmar

Sharleen Dsouza Mumbai

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Adani Wilmar expects demand to look up with interest rates and inflation on a leash and rural demand sputtering to life. After announcing its 2022-23 January-March quarter results, ANGSHU MALLICK, managing director and chief executive officer, and SHRIKANT KANHERE, chief financial officer, speak exclusively to Sharleen D’Souza. Edited excerpts:

When do you see top-line growth returning? 
Angshu Mallick: In the commodity business, it is volume that matters. We have grown 16 per cent annually. We have grown volumes by 5 million tonnes (mt). The turnover has not gone up because edible oil prices have not gone up. Our overall volume and market

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