{"id":4647,"date":"2024-10-24T17:35:20","date_gmt":"2024-10-24T12:05:20","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4647"},"modified":"2024-10-24T17:35:21","modified_gmt":"2024-10-24T12:05:21","slug":"adani-wilmar-posts-rs-311-crore-profit-in-q2-shares-jump-6-on-improved-performance","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/adani-wilmar-posts-rs-311-crore-profit-in-q2-shares-jump-6-on-improved-performance\/","title":{"rendered":"Adani Wilmar Posts Rs 311 Crore Profit in Q2, Shares Jump 6% on Improved Performance"},"content":{"rendered":"\n<p>Adani Wilmar Ltd reported a consolidated net profit of Rs 311.02 crore for the September 2024 quarter, marking a turnaround from a loss of Rs 130.73 crore in the same period last fiscal. This return to profitability comes after the company posted a net profit of Rs 313.20 crore in the previous June 2024 quarter. Revenue surged 18% year-on-year to Rs 14,460.45 crore, reflecting strong sales growth.<\/p>\n\n\n\n<p>The EBITDA of the company increased manifold to Rs 566 crore from Rs 144 crore in the year-ago quarter, as margins improved to 3.9% from 1.2%. The shares of the company surged by 6.22% to Rs 338.5 on the NSE as the stock hit its intraday high of Rs 342. Shares have been gaining for the last two days and are up nearly 8% in this period.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/adani-wilmar-back-in-black-in-q2-with-rs-311-crore-profit-shares-surge-6-12850062.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/adani-wilmar-back-in-black-in-q2-with-rs-311-crore-profit-shares-surge-6-12850062.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Wilmar Ltd reported a consolidated net profit of Rs 311.02 crore for the September 2024 quarter, marking a turnaround from a loss of Rs 130.73 crore in the same period last fiscal. This return to profitability comes after the company posted a net profit of Rs 313.20 crore in the previous June 2024 quarter. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[577],"class_list":["post-4647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-adani-wilmar-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4647"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4647\/revisions"}],"predecessor-version":[{"id":4649,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4647\/revisions\/4649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4648"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}