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AWL plans expansion via acquisitions in South & Central India
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Saturday, 19 July, 2025, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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AWL Agri Business, formerly Adani Wilmar, plans to expand its footprint in South and Central India through the acquisition of food companies in condiments and kitchen essentials, according to MD & CEO Angshu Mallick.
The company, known for brands like Kohinoor and Fortune, currently has a stronghold in the North and West and closed FY25 with revenue of Rs 63,672 crore. Mallick said, “AWL is also exploring entry into new categories such as organic foods and cold-pressed edible oils. The company’s food portfolio business crossed Rs 6,000 crore in FY25, contributing 10 percent to the topline. Edible oil, led by Fortune, contributes about 78 percent, while industry essentials like oleochemicals account for 12 percent.”
The company has also earmarked over Rs 1,000 crore capex for FY26 to boost capacities. Mallick stated that he expects mid-to-high teen revenue growth in FY26, supported by a consumption uptick, lower edible oil prices, and positive macroeconomic trends.
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