AWL Agri Business Q2 Results: Higher expenses dent profit, margins remain near 4%

AWL Agri Business reported results for the September quarter, which saw a decline in its profitability on a year-on-year basis, while the margins remained unchanged from last year. The stock is seeing volatile moves after the results announcement.Net profit for the period fell 21.3% to ₹244.7 crore form ₹311 crore last year. The profitability was impacted due to an increase in total expenses, finance costs, and employee benefit expenses.

Revenue for the quarter increased by nearly 22% from the year-ago period to ₹17,605 crore from ₹14,450 crore last year.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the period also increased 21% on a year-on-year basis to ₹688.3 crore.
EBITDA margin remained unchanged from last year at 3.9%.In its business update released in early-October, AWL Agri had stated that volume growth stood at 5% from last year, driven mainly by the edible oils and the industry essentials segment. Most food and FMCG products also saw strong volume growth but a decline in non-branded rice exports had an impact on the overall growth of the segment.

Quick Commerce sales of the company had maintained its strong momentum, delivering 86% volume growth from last year, while overall revenue from alternate channels crossed ₹4,400 crore over the last 12 months.

In addition to the results, AWL Agri also named Shrikant Kanhere as Managing Director and CEO of the company, while the current CEO, Angshu Mallick will be re-designated as Deputy Executive Chairman of the company.

Shares of AWL Agri are trading 2.3% lower after the earnings announcement at ₹268.4. The stock is down 18% so far in 2025.