AWL Agri Business Reports Q2 FY26 Revenue of ₹17,605 Crore
Filing Summary
AWL Agri Business Ltd, formerly Adani Wilmar Ltd, announced its unaudited financial results for Q2 FY26, reporting a revenue of ₹17,605 crore, a 22% increase year-on-year. The company’s normalized operating EBITDA for the last twelve months (LTM) stood at ₹2,328 crore, up 11% from the previous period. The edible oils segment saw a 26% revenue increase, while Industry Essentials grew by 19%. However, Food & FMCG revenue declined by 2%. The company expanded its retail reach to 9 lakh outlets and its rural network to 58,000 towns.
AWL Agri Business Ltd, previously known as Adani Wilmar Ltd, released its unaudited financial results for the quarter ending September 30, 2025. The company reported a revenue of ₹17,605 crore for Q2 FY26, marking a 22% increase compared to the same period last year. The results were approved by the Board of Directors and are available on the company’s website.
The company’s financial performance for the last twelve months (LTM) ending September 2025 showed a normalized operating EBITDA of ₹2,328 crore, reflecting an 11% increase from the previous year. In Q2 FY26, the normalized operating EBITDA was ₹559 crore, and the Profit After Tax (PAT) was ₹245 crore, a 21% decrease year-on-year due to a strong base quarter.
Operationally, AWL Agri Business reported significant growth in its edible oils segment, with revenue rising by 26% year-on-year to ₹13,828 crore. The Industry Essentials segment also saw a 19% increase in revenue, reaching ₹2,096 crore. However, the Food & FMCG segment experienced a 2% decline in revenue, attributed to lower non-branded rice exports and consolidation in the non-basmati rice business.
In terms of timeline, the company noted strong sequential momentum with overall volumes up 7% and Food & FMCG volumes increasing by 21% compared to the previous quarter. The company expanded its direct retail reach by 15% year-on-year to 9 lakh outlets and increased its rural distribution network to 58,000 towns.
AWL Agri Business Ltd is the primary entity involved in these financial activities. The company has focused on enhancing its distribution capabilities and leveraging technology to improve sales throughput. It has also rolled out micro fulfillment centers to facilitate direct deliveries to small distributors.
In the market context, the company reported that alternate channels generated over ₹4,400 crore in revenue for the LTM ending September 2025, driven by strong volume growth in Quick Commerce. The company holds significant market shares in e-commerce for various products, including a 50% share in Soya oil and a 40% share in Mustard oil.
AWL Agri Business Ltd focuses on the production and distribution of edible oils, food products, and industry essentials. The company aims to expand its market presence and improve profitability through strategic distribution enhancements and product offerings.
