Adani Wilmar FY’21 profit jumps 58 per cent to Rs 728 crore; income up 25 per cent to Rs 37,195 crore
NEW DELHI: Edible oil major Adani Wilmar, which proposes to launch its IPO, has posted a 58 per cent increase in its consolidated net profit to Rs 727.64 crore during the last fiscal year.
On Monday, Ahmedabad-based Adani Wilmar, which markets its cooking oils and other food items under Fortune brand, filed a draft red herring prospectus (DRHP) with market regulator SEBI to launch its Initial Public Offer (IPO) to raise up to Rs 4,500 crore.
