Adani Wilmar’s profit fell by 73% in the September quarter

On Thursday, Adani Wilmar revealed a 73% decline in second-quarter profit as the Fortune cooking oil manufacturer struggled with input cost inflation.

By Aryan Jakhar Published on November 3, 2022, 16:57 IST

Image Credits: Twitter

On Thursday, Adani Wilmar revealed a 73% decline in second-quarter profit as the Fortune cooking oil manufacturer struggled with input cost inflation.

The combined net profit for the second quarter that ended on September 30 decreased from 1.82 billion Indian rupees to 487.6 million rupees ($5.88 million).

Aryan Jakhar

Aryan Jakhar is currently a third-year undergraduate student at the Manipal University Jaipur. He is a media enthusiast and is passionate about content writing. Aryan is currently working as a Sub-Editor for Business Upturn.