Adani Wilmar Limited became the largest Fast Moving Consumer Goods Company (FMCG) in India beating Hindustan Unilever Limited (HUL), after the announcement of its Quarter Four results for the financial year 2022 (Q4FY2022). AWL has reported total operating revenue of Rs 54,214 crore in the Financial Year 2022 whereas HUL reported a revenue of Rs 51,468 crore in the Financial Year (FY) 2021-22.
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In Q4FY22 (January-March 2022), the AWL has seen a 40 per cent jump in revenue from operations to Rs 14,960 despite a 26 per cent i.e., Rs 234.29 crore hit in net profit in the same period.
Important takeaways for all competitive exams:
- Adani Group Founded: 1988;
- Adani Group Headquarters: Ahmedabad, Gujarat;
- Adani Group Chairman: Gautam Adani;
- Adani Group Managing Director: Rajesh Adani.