Edible oil major Adani Wilmar on Wednesday reported a consolidated net loss of Rs 130.73 crore for the September 2023 quarter, as profitability was badly impacted in the cooking oil business.
The company, which sells edible oil and other food products under the Fortune brand, had posted a net profit of Rs 48.76 crore in the year-ago period.
Its total income also fell to Rs 12,331.20 crore during the July-September period of 2023-24 from Rs 14,209.20 crore in the corresponding period of the previous fiscal, according to a regulatory filing.
