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Adani Wilmar said to postpone stake sale following US bribery allegations: Report

Nov 26, 2024, at 11:38 pm

Mumbai/IBNS: Adani Enterprises Ltd. and Wilmar International Ltd. have reportedly postponed plans to sell at least 12 percent of their stake in Adani Wilmar Ltd., their Indian food venture, following a US bribery indictment involving billionaire founder Gautam Adani, Bloomberg reported, citing sources familiar with the matter.

Adani Wilmar Q4FY24 consolidated profit soars 67% to Rs 156.75 cr

May 02, 2024, at 05:22 am

Mumbai: Adani Wilmar Ltd, primarily operating in the edible oil and food-FMCG sectors, announced a 67 percent surge in its consolidated net profit to Rs 156.75 crore for the quarter ending March, despite a decrease in revenue.

Adani Wilmar takes legal action against B2B platform for selling fake products under 'Fortune' brand

Jul 23, 2023, at 06:52 pm

Edible oil company, Adani Wilmar Ltd, has taken legal action against a B2B platform for allegedly selling counterfeit products under its 'Fortune' brand, media reports said.

Adani Wilmar Ltd Q4 FY23 PAT drops 60% y-o-y to Rs 94 cr, volume grows 15%; FY23 revenue grows 7% to Rs 58,185 cr

May 04, 2023, at 03:12 am

Mumbai: Adani Wilmar Ltd on Wednesday said it recorded a 15% volume growth in Q4 FY23 while consolidated revenue witnessed a decline of 7% to Rs 13,873 crore, due to a fall in prices of edible oil.

Adani Wilmar denies reports of GST raid on Parwanoo unit in HP; says 'no irregularities found', company not required to pay tax in cash

Feb 09, 2023, at 08:49 pm

Mumbai/IBNS: Amid reports of a raid by the Himachal Pradesh State Excise Department on a unit of the Adani Group in Parwanoo late Wednesday, the firm said in a statement on Thursday that “the officials did not find any irregularities in the operations and dealings conducted by the company.”

Adani Wilmar Q2FY23 PAT dips 73% to Rs 49 cr

Nov 03, 2022, at 09:16 pm

Adani Wilmar Ltd Thursday reported Rs 49 crores Profit After Tax (PAT) in Q2FY23, a 73 percent year-on-year loss compared to Rs 182 crore in the corresponding period in FY22.

BGBS: Gautam Adani pledges Rs 10,000 cr investment in Bengal

Apr 21, 2022, at 03:19 am

Kolkata: The Adani Group on Wednesday promised to invest Rs 10,000 crore in West Bengal over the next decade,  Gautam Adani announced on Wednesday.

Adani Wilmar raises Rs 940 cr from anchor investors

Jan 27, 2022, at 03:25 am

Mumbai/UNI: Ahead of the launch of its IPO, FMCG company Adani Wilmar has raised Rs 940 crore from anchor investors, it was reported here on Wednesday.