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Adani Q4 Results: Adani Wilmar Posts 67% Rise In Net Profit, Adani Energy Solution Profit Falls 13% [Video]

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Oil and Gas Industry News

Adani Wilmar, India’s leading edible oil company, reported a 67 percent rise in its consolidated net profit to Rs 156.75 crore for the fourth quarter ending March 2024. On the other hand, Adani Energy Solutions Limited (AESL) on Tuesday reported a 13.26 percent decline in its consolidated net profit. The rise in expenditure resulted in a profit of Rs 381.29 crore during the quarter ending March 2024.

Adani Wilmar Q4 Results

A year ago, the company had a net profit of Rs 93.61 crore in the same period. As per regulatory filing, Adani Wimar’s total income in the March 2024 quarter fell to Rs 13,342.26 crore as compared to Rs 14,185.68 crore, which was last year’s figure. In 2023-24, Adani Wilmar’s net profit is estimated to decline to Rs 147.99 crore compared to Rs 582.12 crore last year. Total income also fell to Rs 51,555.24 crore in the last fiscal year from Rs 59,148.32 …

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