INSUBCONTINENT EXCLUSIVE:
quarterly revenue in the June '25 quarter, signalling strong underlying momentum in key segments despite a year-on-year decline in net
profit.The rally comes on the back of a robust 21% year-on-year growth in revenue for Q1FY26, which stood at Rs 17,059 crore, marking the
YoY.Despite the topline growth, net profit for the quarter fell 24% to Rs 236 crore, compared to Rs 313 crore in the same quarter last year
The company cited muted consumer demand, strategic consolidation in regional rice operations, and the absence of a one-off
government-to-government rice business seen in the base year as key reasons for the profit contraction.Edible Oils: Delivered strong growth,
led by mustard oil and improved branded volume performance (excluding palm oil).
Live EventsIndustry Essentials: Posted 12% revenue
growth.Food & FMCG: Revenue declined by 8% due to rice-related headwinds, including weak exports and base effects.Quick Commerce: Emerged as
a bright spot, with 75% volume growth in Q1, helping alternate channels generate Rs 3,900 crore in LTM revenue.While overall volumes
declined 5% YoY, management emphasised that core categories remained resilient
The company also reported an operating EBITDA of Rs 519 crore for the quarter and Rs 2,384 crore on a trailing twelve-month basis.Also read:
Rs 40,000 crore dividend boom! How Ambani, Adani & India's top billionaires got richer in FY25AWL's retail expansion strategy also impressed
expand distribution footprint appears to have reassured investors, driving the stock higher in today's session.(Disclaimer: Recommendations,
suggestions, views and opinions given by the experts are their own
These do not represent the views of Economic Times)
