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Adani Wilmar, the FMCG company of Adani Group, had a consolidated net profit of Rs 311 crore in the second quarter of the financial year 2024-25. The company had suffered a loss of Rs 131 crore in the same quarter a year ago.
The company's operational revenue in the July-September quarter stood at Rs 14,460 crore. There has been an increase of 18% on annual basis. In the second quarter of the financial year 2023-24, the company had generated a revenue of Rs 12,267 crore. The money received from selling goods and services is called revenue.
Adani Wilmar's revenue increased by 2% on quarterly basis
In the last quarter i.e. April-June, Adani Wilmar had registered a profit of Rs 313 crore. It has declined by 0.70% on quarterly basis. At the same time, revenue has increased by 2%. The company had generated revenue of Rs 14,169 crore in April-June.
Consolidated profit means performance of the entire group
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas in the consolidated financial report the report of the entire company is given.
Adani Wilmar shares have increased by 5% in one year
After the quarterly results, shares of Adani Adani Wilmar closed at Rs 337.50 with a rise of 6.05% on Thursday (24 October). The company's shares have fallen 3.47% in the last one month, 1.79% in six months and 8.04% since January 1 this year. At the same time, the company's shares have given a return of 5.35% in one year. The market cap of the company is Rs 44 thousand crores.
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Adani Total Gas profit up 6% in Q2: Revenue up 11% to Rs 1,321 crore; Shares rose more than 7% after the results
Adani Total Gas, an Adani Group company, has made a profit (standalone net profit) of Rs 178.11 crore in the second quarter of the financial year 2024-25. There has been an increase of 6% on annual basis. The company had made a profit of Rs 167.79 crore in the same quarter a year ago.
The company's operational revenue in the July-September quarter stood at Rs 1315.49 crore. There has been an increase of 11.66% on annual basis. In the second quarter of the financial year 2023-24, the company had earned Rs 1178.08 crore.
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