Categories: Business

Adani Wilmar became India’s largest FMCG company surpassing HUL

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.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.