Expect rural markets to do well going forward'
Business Standard|July 31, 2024
Adani Wilmar expects volume growth to be in the range of 8-10 per cent over the next three quarters. After announcing the June quarter (Q1FY25) results, Managing Director and Chief Executive Officer ANGSHU MALLICK and Chief Financial Officer SHRIKANT KANHERE spoke to Sharleen D'Souza in a telephonic interview about. Edited excerpts:
Sharleen D'Souza
Expect rural markets to do well going forward'

Do you expect the Q1 growth in volume and revenue to continue for the rest of the year?

ANGSHU MALLICK: There are three parts of the volume. One is oil, next is FMCG, and the third is industrial essentials. Edible oil growth has been very good this quarter as we have seen 12 per cent volume growth. However, going forward, I am not very sure about 12 per cent. We will be in the range of 8-10 per cent for the next three quarters on the volume front. On the value front, if all remains steady, then we could see it go up by 10 per cent.

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