AWL Agri Business Reports Record Q3FY26 Revenue of ₹18,603 Crores Despite Profit Decline
AWL Agri Business achieved record quarterly revenue of ₹18,603 crores in Q3FY26 with 10% YoY growth, though net profit declined to ₹269 crores from ₹411 crores. The company's Board approved unaudited consolidated results on February 3, 2026, showing strong performance in edible oils segment with 8% volume growth while facing regulatory impact from new Labour Codes implementation.

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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.
| Financial Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹18,603 crores | ₹16,839 crores | +10.47% |
| Total Income: | ₹18,735 crores | ₹16,906 crores | +10.82% |
| Net Profit: | ₹269 crores | ₹411 crores | -34.52% |
| EBITDA: | ₹685 crores | ₹858 crores | -20.16% |
| Earnings Per Share: | ₹2.08 | ₹3.16 | -34.18% |
Regulatory Compliance and Board Approval
The unaudited financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 10:00 AM (IST) and concluded at 11:15 AM (IST) on February 3, 2026. The results have been submitted to both BSE Limited (Scrip Code: 543458) and National Stock Exchange of India Limited (Scrip Code: AWL).
| Regulatory Detail: | Information |
|---|---|
| Reference Number: | AWL/SECT/2025-26/93 |
| Board Meeting Date: | February 3, 2026 |
| Meeting Duration: | 10:00 AM to 11:15 AM (IST) |
| Company Secretary: | Darshil Lakhia |
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.
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Volume Growth | Volume Mix |
|---|---|---|---|---|
| Edible Oil: | ₹15,025 crores | ₹13,366 crores | +8% | 64% |
| Food & FMCG: | ₹1,648 crores | ₹1,558 crores | 0% | 18% |
| Industry Essentials: | ₹1,930 crores | ₹1,915 crores | -8% | 18% |
Exceptional Items and Labour Code Impact
The company reported exceptional items of ₹25.83 crores in Q3FY26, primarily due to the implementation of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and include the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020.
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."
Historical Stock Returns for AWL Agri Business
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.18% | -4.93% | -7.20% | -24.92% | -26.24% | -27.68% |


































