AWL Agri Business Limited has delivered its highest-ever quarterly revenue of ₹18,603 crores in Q3FY26, marking a 10% year-on-year growth despite challenging market conditions. The company announced its unaudited consolidated financial results for the quarter ended December 31, 2025, with the Board of Directors approving these results at their meeting held on February 3, 2026.

Financial Performance Overview

The company achieved record quarterly performance with consolidated revenue from operations reaching ₹18,603 crores, compared to ₹16,839 crores in Q3FY25. However, profitability faced headwinds with net profit declining to ₹269 crores from ₹411 crores in the corresponding quarter last year.

Segment-wise Performance Analysis

The company's diversified portfolio showed mixed results across its three key business segments. The Edible Oil segment maintained its position as the largest revenue contributor, while Food & FMCG and Industry Essentials segments also delivered substantial contributions.

Operational Highlights and Market Expansion

AWL Agri Business achieved significant operational milestones during the quarter, with the company's last-twelve-month (LTM) revenue reaching ₹71,497 crores. The edible oil segment recorded robust 8% volume growth, while alternate channels continued their strong momentum with 42% volume growth in Q3FY26.

The company's distribution network expansion has been remarkable, with direct reach growing from 600,000 outlets in March 2023 to over 949,000 outlets as of December 2025. Rural town coverage increased dramatically from 13,000 to over 60,000 towns during the same period.

Nine Months Performance and Strategic Developments

For the nine months ended December 31, 2025, AWL Agri Business reported consolidated revenue of ₹53,266 crores compared to ₹45,443 crores in the previous year, representing 17% growth. Net profit for the nine-month period stood at ₹752 crores versus ₹1,035 crores in the corresponding period last year.

The company completed the operationalization of its integrated food complex at Gohana, built with an investment of approximately ₹1,500 crores. This facility houses integrated capacities across multiple products including paddy-to-rice processing, wheat flour production, mustard crushing, and edible oil refining.

Management Commentary and Future Outlook

Commenting on the results, Mr. Shrikant Kanhere, MD & CEO of AWL Agri Business Limited, stated: "Despite a challenging macro demand environment, AWL Agri Business maintained modest single-digit volume growth in Q3 FY26, led by resilient performance in edible oils and a continued rebound in our Food & FMCG portfolio. We remain focused on strengthening our integrated value chain and go-to-market capabilities while scaling alternate, digital and quick-commerce channels."

AWL Agri Business Limited has announced its quarterly earnings conference call to discuss Q3FY26 financial results. The company, formerly known as Adani Wilmar Limited, will host the call following the announcement of its unaudited financial results for the quarter and nine months ended December 31, 2025.

Conference Call Details

The earnings conference call is scheduled for Tuesday, February 3, 2026 at 17:30 hrs IST. The call aims to discuss the company's financial and operational performance with research analysts and investors.

Management Participation

The conference call will be represented by key members of the senior management team:

• Mr. Angshu Mallick - Executive Deputy Chairman
• Mr. Shrikant Kanhere - Chief Executive Officer & Managing Director
• Mr. Saumin Sheth - Executive Director & Chief Operating Officer
• Mr. Pankaj Goyal - Interim Chief Financial Officer

Access Information

ICICI Securities is coordinating the conference call and has provided multiple access options for participants. The call offers universal access through dedicated phone numbers, along with toll-free numbers for international participants from Singapore, Hong Kong, UK, and USA.

Contact Details for Queries

Participants can send questions prior to the call to the Investor Relations team:

• Kshitiz Singh: kshitiz.singh@awl.in
• Abhik Das: Abhik.Das@awl.in

Regulatory Compliance

The announcement was made pursuant to Regulation 30(6) read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Company Secretary Darshil Lakhia on January 29, 2026, and sent to both BSE Limited and National Stock Exchange of India Limited.