Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Adani Wilmar on Monday reported a 500% YoY rise in net profit at Rs 313 crore in the first quarter of FY25 as compared to Rs 157 crore in the same period last year. The company's EBITDA stood at Rs 619 crore, up by 375% YoY. The FMCG major posted a double-digit YoY growth of 12% and 10% on volume and revenue, respectively in the first quarter of the current fiscal year.
Overall, the FMCG major's revenue climbed to Rs 14,169 crore in Q1 FY2025 from Rs 13,238 crore in Q1 last fiscal year.
The food and FMCG sales crossed Rs 1,500 crore in the current quarter of FY 25 while edible oil registered a volume growth of 12% YoY.
In Q1, the edible oil segment revenue grew by 8% YoY to Rs 10,649 crore from Rs 9,845 crore while the Food & FMCG segment's revenue grew by 40% to Rs 1,533 crore from Rs 1,097 crore (Q1 FY24). The industry essentials segment's revenue stayed flat at Rs 1,986 crore compared to the same period last year.
Besides, the overall company reported a revenue of Rs 14,169 crore in Q1 FY25.
The shares of AWL were up by 6.04% to Rs 344.80 on Monday.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.