The company said the quarter marked sustained momentum in its Food & FMCG business, supported by distribution strength, brand portfolio expansion and category diversification as it continued to build its long-term food platform strategy.
“During the quarter, the company delivered mid-single-digit volume growth. The quarter was supported by momentum in the Food & FMCG portfolio, sustained outperformance in Alternate Channels and healthy growth in Industry Essentials,” the company said.
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The Food & FMCG segment delivered 20%+ year-on-year revenue growth with 17%+ volume growth, led by strong performance in rice, which grew over 40%. Wheat flour continued its recovery, while other food categories including pulses, besan, soya nuggets, sugar, poha and personal care products grew 25% year-on-year. The company also added the Madhur brand through a licensing arrangement during the quarter.
The Edible Oil business posted 13% revenue growth, while volumes remained broadly flat due to cautious inventory building amid geopolitical uncertainty. Alternate channels within the segment grew in the low teens in volume terms.
The Industry Essentials segment recorded 14% volume growth and 30% revenue growth, supported by strong demand in oleochemicals and specialty chemicals, which delivered high-teen volume growth, along with steady performance in castor and de-oiled cakes.
“The company continues to strengthen its multi-category Food portfolio through focused investments in brand building, distribution expansion, premiumization and product innovation,” it said.
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In new product development and premium categories, Fortune Sharbati Atta, Multi Grain Atta, Premio Olive Oils and Cold Pressed Oils continued to see strong consumer response. The health and convenience portfolio, including RTC biryani kits, brown rice and oils, remained a key growth driver.
Alternate channels including e-commerce, quick commerce and modern trade grew 27% year-on-year, with quick commerce delivering strong double-digit growth. The company said alternate channels now account for about ₹5,600 crore on a trailing twelve-month basis.
On a Trailing Twelve Month (TTM) basis, Alternate Channels have now scaled to approximately ₹5,600 crore of revenue. Across several Food categories, including Wheat Flour and Rice, the company continues to hold double-digit market shares across major E-Commerce and Quick Commerce platforms,” the company said.
Branded exports surged 87% year-on-year, while HoReCa grew 31%. The company expanded its direct retail reach to around 9.7 lakh outlets, adding over 1 lakh outlets year-on-year. The company continued to strengthen its pan-India distribution network during the quarter, expanding direct retail reach to approximately 9.7 lakh outlets, an addition of over 1 lakh outlets compared to Q1 FY26.
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“The company’s subsidiaries continued to deliver healthy growth during the quarter. GD Foods, which operates the Tops brand, delivered 20%+ YoY revenue growth, with underlying volume growth of 19%. Omkar Chemicals also recorded 18% YoY revenue growth,” it added.
Shares of AWL Agri Business Ltd ended at ₹191.10, up by ₹10.70, or 5.93%, on the BSE.
