The net profit is compared to Rs 311.02 crore in the same quarter of FY25.
However, on a quarter-on-quarter basis, the company’s net profit grew 2.9% from Rs 237.95 crore. Meanwhile, the company’s total income also recorded a 20% YoY growth to stand at Rs 14,552.04 crore, against Rs 17,525.61 crore posted in the same quarter of the previous financial year.
On a standalone basis, AWL Agri’s net profit witnessed a decline of 29.7% YoY to Rs 229.04 crore, down from Rs 325.73 crore.
The second quarter results of AWL Agri Business were announced during market hours, post which, the stock was trading 2% lower at Rs 268.90 on the BSE around 12:20 pm.
AWL Agri Business has also announced a set of senior management changes, effective November 4, following approval by the Board of Directors. Kuok Khoon Hong has been redesignated from Non-Executive Vice-Chairman to Non-Executive Director. Angshu Mallick, who was serving as Managing Director and CEO, has been appointed as Executive Deputy Chairman. He will serve in this role until the end of his current term on March 31, 2027, with all other terms of his appointment remaining unchanged.In line with these changes, Shrikant Kanhere has been appointed as the new Managing Director and CEO of the company for a period of three years, subject to shareholder approval.
AWL Agri Business stock price history
Over the past year, the shares of AWL Agri Business have seen a notable decline, slipping 21.76%, indicating a challenging period for investors. On a year-to-date (YTD) basis, the stock is still down 18.21%, showing that most of its losses have come during the current year itself.
However, over the last six months, the stock has been relatively flat, edging up by just 0.19%, suggesting a period of consolidation.
In the past three months, there has been a more visible recovery, with the stock gaining 4.55%, while over the last one month, it inched up by 1.32%, reflecting a gradual improvement in investor sentiment.
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