Adani Wilmar Q2 FY24 Results: Consolidated Loss of Rs. 130.73 Cr

Adani Wilmar Q2 FY24 Results: Consolidated Loss of Rs. 130.73 Cr

Adani Wilmar Q2 FY24 Results Today

Adani Wilmar Q2 results show revenue down from 12,994.18 crores to 12,331.20 crores, a 5.10% increase in growth. EPS slips from ₹-0.61 to ₹-1.01, down by 65.57%.

Quarter-on-Quarter Basis Results (Q2 FY2024):

Adani Wilmar shared its Q2 results on Wednesday. They earned 12,331.20 crores in revenue this quarter, but that’s less than the 12,994.18 crores they made last quarter. The company’s growth decreased by 5.10 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -130.73 crores, down from -78.92 crores in the previous quarter. Their quarter-to-quarter growth decreased by 65.65 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-1.01, which is an decrease of 65.57% from the ₹-0.61 EPS in the previous quarter.

Year-over-Year Basis Results (Q2 FY2024):

The company made a total revenue of 12,331.20 crores this year (2023), which is 13.22 percent higher than last year’s total revenue of 14,209.20 crores.

This year’s PAT (Profit After Tax) is -130.73 crores, which is also 168.11% lower than last year’s PAT of 48.76 crores.

The EPS (Earnings Per Share) for this year is ₹-1.01, which is 165.79% less than the EPS of ₹0.38 earned last year.

Year-over-Year Basis Results (Half Year Ended FY2024):

In the first half of 2023, the company generated a total revenue of 25,325.38 crores, marking a 12.63% decrease compared to the previous year’s 28,985.59 crores.

The PAT (Profit After Tax) for this half-year stands at -209.65 crores, showing a 13.49% decline over the previous year’s 242.35 crores.

The EPS (Earnings Per Share) for this half-year is ₹-1.61, representing a 13.44% decrease from the previous half-year’s EPS of ₹1.86.

Adani Wilmar Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Adani Wilmar:

Adani Wilmar Limited is a multinational conglomerate in the food and beverage industry, headquartered in Ahmedabad, India. Established in 1999, it represents a strategic partnership between Adani Enterprises and Wilmar International. This conglomerate holds the distinction of being India’s largest palm oil processor.

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