After 210% return, rally in debutant Adani Wilmar may run out of steam
Adani Wilmar reported a 10 per cent year-on-year (YoY) rise in net profit at Rs 196 crore on a 30 per cent YoY jump in net sales at Rs 14,732 crore. Volume for the quarter rose 15 per cent YoY to 1.19 million tonnes. Ebita margin for the quarter fell to 3.3 per cent from 3.8 per cent YoY.
