AWL Agri Business reports strong Q2 volume and revenue growth

AWL Agri Business Limited, formerly Adani Wilmar Limited, reported a 5% year-over-year (YoY) volume growth and a 24% YoY revenue increase in Q2 FY26. This growth was primarily fueled by edible oils and the Industry Essential segment. Most Food & FMCG products showed solid volume gains, despite a decline in non-branded Rice exports and weak wheat flour demand. Basmati Rice, Pulses & Besan, Sugar, and Poha all experienced strong double-digit volume growth.

The company's alternate channels, including modern trade and e-commerce, demonstrated significant momentum, with quick commerce sales surging by 86% YoY in Q2. Overall revenue from alternate channels surpassed INR 4,400 crores over the last twelve months. AWL Agri Business maintains strong market shares in e-commerce for products like Soya oil (~50%) and Mustard oil (~40%).

Industry Essentials saw notable volume growth of nearly 22% YoY, driven by strong performance in oleochemicals and de-oiled cake. The Food & FMCG segment also recorded a strong 20% quarter-over-quarter volume growth, achieving its highest-ever quarterly revenue in September, excluding G2G business. The company also launched the ‘Har Ghar SuPoshan’ campaign to raise awareness about malnutrition.