Adani Wilmar Q1 profit drops 25% as expensive palm oil cuts sales; revenue rises, but market share declines in oils.

• Edible oil volumes fell 4% as palm oil’s high prices drove consumers toward cheaper alternatives, losing market share.
• Food business volumes dropped 5% amid weak wheat flour sales, soft demand, and intense local competition pressures.
• Overall revenue grew 21% to ₹170.59 billion, but net profit dropped to ₹2.36 billion; shares fell 2.2%.