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AWL Agri Business Posts Modest Volume Growth as Branded Foods and Digital Channels Gain Traction in Q3 FY26

Story Highlights
  • AWL Agri Business achieved modest overall volume growth in Q3 FY26, supported by edible oils and Food & FMCG, but partly offset by weakness in Industry Essentials and subdued festive demand.
  • Branded domestic rice, HORECA-focused flour products, and non-rice, non-wheat FMCG lines delivered strong double-digit growth, while e-commerce and quick commerce channels saw sharply higher volumes, bolstering AWL’s consumer-branded positioning.
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AWL Agri Business Posts Modest Volume Growth as Branded Foods and Digital Channels Gain Traction in Q3 FY26

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Adani Wilmar Limited ( (IN:AWL) ) has provided an update.

AWL Agri Business Limited reported low single-digit volume growth for the quarter ended 31 December 2025, driven by an uptick in its Edible Oil and Food & FMCG segments, while overall performance was partially offset by declines in its Industry Essentials business, particularly castor and de-oiled cakes, amid subdued festive demand and lean trade inventories. Within Food & FMCG, the company saw gradual recovery supported by operational improvements in its rice business, strong double-digit growth in branded domestic rice and HORECA-focused wheat and refined flour, robust 30%-plus year-on-year gains in non-rice and non-wheat products, and continued outperformance from alternate channels, where volumes rose 42% and quick commerce led with 65% growth, underscoring the company’s strengthening position in higher-margin branded categories and modern retail formats ahead of its detailed financial results.

More about Adani Wilmar Limited

AWL Agri Business Limited, formerly known as Adani Wilmar Limited, operates in the agri and food processing sector, with key businesses spanning edible oils, branded food and FMCG products such as rice and wheat flour, as well as industry essentials like castor and de-oiled cakes. The company has an increasing focus on consumer-facing branded products and is actively leveraging alternate distribution channels including e-commerce, quick commerce and modern trade to expand its market reach across India.

Average Trading Volume: 1,330,321

Technical Sentiment Signal: Sell

Current Market Cap: 309.8B INR

See more insights into AWL stock on TipRanks’ Stock Analysis page.

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