New Delhi: Edible oil major Adani Wilmar Ltd will acquire a 67 per cent stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore.Adani Wilmar, a joint venture between Adani Group and Wilmar Group of Singapore, is one of the largest FMCG companies in India. The company has a...
New Delhi: Imports of vegetable oils, including edible and non-edible oils, rose 18 per cent to 15.5 lakh tonnes in June due to higher imports of crude palm oil and crude sunflower oil, according to trade data.Solvent Extractors Association of India (SEA) data showed that imports of vegetable...
New Delhi, Global agro trader Louis Dreyfus Company on Wednesday announced the relaunch of its edible oil brand 'Vibhor' in the business-to-consumer segment in North India.Through this, the company aims to take advantage of India's growing edible oil market.Louis Dreyfus Company (LDC) India...
New Delhi, Edible oil major Adani Wilmar on Friday said it has reported 13 per cent sales growth in the June quarter.The company said in a business update that the double-digit growth was driven by market-specific strategies in each category, aimed at gaining market share, especially in...
New Delhi, Edible oil industry body SEA has urged the government to give priority to agriculture and launch a national mission with adequate financial support to boost oilseed production in the upcoming Budget 2024-25.In a pre-Budget memorandum, the Solvent Extractors Association of India...
New Delhi: India's palm oil imports increased by 34.11 per cent year-on-year to 6,84,000 tonnes in April due to fall in global prices, Solvent Extractors Association of India (SEA) said on Tuesday.Palm oil accounted for 52 per cent of India's total edible oil imports of 13,04,409 tonnes in...
Revenue for the full year (FY24) stood at Rs 51,262 crore as the food and FMCG segment reached the Rs 5,000 crore milestone, almost doubling in two years, the company said in a statement.The company recorded revenue of Rs 13,238 crore in the fourth quarter (Q4).The company said that while...
New Delhi, Adani Wilmar Ltd, which is primarily into edible oil and food-FMC businesses, on Wednesday reported a 67 per cent rise in its consolidated net profit to Rs 156.75 crore for the quarter ended March despite lower revenue. Entered.Its net profit in the same period a year ago was Rs...
New Delhi, Edible oil major Adani Wilmar on Wednesday reported a 67 per cent rise in its consolidated net profit to Rs 156.75 crore for the fourth quarter ending March 2024.Its net profit in the same period a year ago was Rs 93.61 crore.According to regulatory filings, the company's total...
New Delhi: Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of Baba Ramdev-led promoter group Patanjali Ayurveda.In a regulatory filing, Patanjali Foods said its board has discussed the preliminary proposal...
New Delhi [India], Despite decline in exports of many agricultural commodities, exports of soybean meal have revived, while exports of rapeseed meal have seen a significant growth in the last three years. Oilmeal is the residue left after oil extraction. Oilseeds and are widely used as livestock...
New Delhi [India], BJP in its Lok Sabha election manifesto had promised to support farmers to make India a global nutrition hub. Shri Anna program will be promoted to help more than 2 crore small and marginal farmers who can produce millet at minimum investment and earn better prices. India is...
NEW DELHI: India imported a record 4,45,723 tonnes of crude sunflower oil in March, taking advantage of low prices, while the country's total edible oil imports reached 11.49 lakh tonnes in the month, industry body SEA said on Thursday.Crude sunflower oil import stood at 1,48,145 lakh tonnes...