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Tech layoffs 2025: The biggest job cuts in Silicon Valley and beyond
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.
The leaders highlighted how AI is emerging as a critical enabler in this shift from marketing’s traditional focus on new customers to a more sustainable model of driving growth from existing accounts.
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