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Adani Wilmar's Profit Plunges 73% In September Quarter

Adani Wilmar second quarter profit slumps 73%
Adani Wilmar second quarter profit slumps 73%

Adani Wilmar reported a 73 per cent slump in second quarter profit on Thursday, as the Fortune cooking oil maker reeled under input cost inflation.

Consolidated net profit for the second quarter ended Sept. 30 fell to 487.6 million Indian rupees ($5.88 million) from 1.82 billion rupees a year ago.

($1 = 82.8830 Indian rupees)