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Adani Wilmar backs on food and FMCG biz in Q2; edible oil segment takes a hit, ET Retail

Adani Wilmar reported double-digit volume growth in its food and FMCG segments, but its edible oil business suffered a decline in the second quarter of FY24. The company s exports were impacted by government restrictions on rice exports. Despite this, the food and FMCG segment revenue reached around Rs 4,300 crores and contributed 10% to the company s standalone revenue in Q2.

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