Press Release

AVVL Agri business Ref No: AWL/SECT/2026-27/37 July 30, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 543458 Scrip Code: AWL Dear Sir/ Madam, Sub: Press Release/ Media Release- Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. In continuation to our letter of today’s date on Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026, please find attached herewith a copy of media release being issued by the Company in this regard. The Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026, approved by the Board of Directors and media release thereon will also be available on the Company’s website – www.awl.in. Kindly take the same on records. Thanking you, Yours faithfully, For, AWL Agri Business Limited (Formerly known as Adani Wilmar Limited) Darshil Lakhia Company Secretary Memb. No: A20217 AWL Agri Business Ltd. Formerly known as Adani Wilmar Ltd. Fortune House Tel +91 79 2645 5650 Nr Navrangpura Railway Crossing, Fax +91 79 2645 5621 Ahmedabad 380 009, Gujarat, India info@awl.in CIN: L15146GJ1999PLC035320 www.awl.in For a healthy growing nation Registered Office: Fortune House, Nr Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India AVVL Agri business Ahmedabad, 30th July 2026 Press Release Financial Results for the Quarter ended 30th June 2026 AWL reports strong Q1 FY27 results with robust profitability Operating EBITDA up 34% YoY PAT up 48% YoY Strong execution across businesses drives profitable growth; Food & FMCG continues to scale, Alternate Channels and Quick Commerce maintain strong momentum Key Highlights  Consolidated Revenue grew 18% YoY, with 7% Underlying Volume Growth (UVG)  Operating EBITDA grew 34% YoY to INR 693 Crore  Profit After Tax (PAT) up 48% YoY to INR 351 Crore  Food & FMCG Revenue crossed INR 1,700 Crore, growing 22% YoY, while Segment EBITDA crossed ~INR 100 Crore  Growth across channels: o Alternate Channels (E-commerce, Quick Commerce & Modern Trade) grew 27% YoY, with LTM revenues crossing INR 5,600 Crore o Quick Commerce grew 56% YoY, significantly outpacing overall market growth o HoReCa business grew 30% YoY o Branded Exports volumes doubled during the quarter AWL Agri Business Limited ("AWL"), one of India's leading Food FMCG companies, today announced its financial results for the quarter ended June 30, 2026. The Company delivered another quarter of broad-based profitable growth, reflecting continued progress on its strategy of Building India's Trusted Food Platform. Consolidated Revenue grew 18% YoY to INR 20,048 Crore, supported by healthy underlying volume growth of 7% YoY. Operating EBITDA grew by 34% YoY to INR 693 Crore, while Profit After Tax grew 48% YoY to AWL Agri Business Ltd. Formerly known as Adani Wilmar Ltd. Tel +91 79 2645 5650 Fortune House Fax +91 79 2645 5621 Nr Navrangpura Railway Crossing, info@awl.in For a healthy growing nation Registered Office: Fortune House, Nr Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India AVVL Agri business INR 351 Crore, reflecting stronger execution across businesses, disciplined cost management, improving product mix and healthy contribution from all business segments. The quarter was marked by sustained momentum in the Food & FMCG business, robust profitability in Edible Oil despite a dynamic commodity environment, and healthy earnings contribution from Industry Essentials. Alternate Channels continued to significantly outperform general trade, with Quick Commerce further strengthening its position as an important growth engine for the Company's oil & food portfolio. Commenting on the performance, Mr. Shrikant Kanhere, MD & CEO, AWL Agri Business Limited (formerly Adani Wilmar Limited), said: “We have delivered yet another quarter of strong financial performance, with broad-based growth and robust profitability, reflecting the continued execution of our strategy to build a large, trusted Food FMCG platform. We delivered this performance through disciplined execution, a favorable business mix and the strength of our integrated operating model. Food & FMCG continues to be the primary growth driver for the Company, supported by sustained momentum across our core categories, expanding distribution and increasing consumer preference for branded packaged foods. We are equally encouraged by the rapid growth of Alternate Channels, particularly Quick Commerce, which is emerging as an important growth engine for our food business. Going forward, our priorities remain clear - strengthening our food portfolio, improving distribution productivity, scaling future-ready channels and driving profitable growth. We remain confident that these strategic priorities will enable us to sustain the growth momentum in our Food & FMCG business while continuing to enhance the quality of earnings and create long-term value for all our stakeholders.” AWL Agri Business Ltd. Formerly known as Adani Wilmar Ltd. Tel +91 79 2645 5650 Fortune House Fax +91 79 2645 5621 Nr Navrangpura Railway Crossing, info@awl.in For a healthy growing nation Registered Office: Fortune House, Nr Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India AVVL Agri business Segment Update Food & FMCG Food & FMCG continued its strong growth trajectory during the quarter, clocking revenue of INR 1,726 Crore, a 22% YoY growth. The segment also delivered INR 100+ Crore EBITDA, maintaining moderate profitability despite continued investments behind brands, trade promotions and distribution expansion. Growth remained broad-based across the portfolio, with Rice once again emerging as the fastest- growing category, recording more than 40% YoY growth, reflecting the benefits of strategic initiatives undertaken over the past few quarters. Core staples including Wheat Flour, Pulses, Besan, Poha and other packaged food categories also continued to witness healthy consumer demand and distribution-led growth. Other Food & FMCG categories such as soya nuggets, poha, sugar, soaps, biryani kit, etc. also continued to gain meaningful scale, with double digit growth. Edible Oils The Edible Oil business delivered 2% YoY volume growth during the quarter, while maintaining robust profitability despite continued volatility in global edible oil markets. The segment witnessed temporary channel destocking during the quarter amid fluctuations in global edible oil prices. However, underlying consumer demand remained resilient. Strong execution, improved pricing discipline, better ability to pass through input cost movements and continued premiumization across select markets supported healthy profitability during the quarter. Industry Essentials Industry Essentials continued to deliver healthy growth and robust profitability during the quarter, with volume growing 13% YoY and revenue increasing 28% YoY. The Oleochemicals & Specialty Chemicals business, which contributes around 40% of the segment's revenue, recorded double-digit growth while sustaining high single digit EBITDA margins. AWL Agri Business Ltd. Formerly known as Adani Wilmar Ltd. Tel +91 79 2645 5650 Fortune House Fax +91 79 2645 5621 Nr Navrangpura Railway Crossing, info@awl.in For a healthy growing nation Registered Office: Fortune House, Nr Navrangpura Railway Crossing, Ahmedabad 380 009, Gujarat, India AVVL Agri business The Company continues to strengthen its presence in specialty and value-added applications across diverse end-use industries and remains focused on progressively increasing the contribution of Oleochemicals & Specialty Chemicals within the Industry Essentials portfolio. To support this strategy, the Company is also expanding its oleochemicals manufacturing capacity in Southern India, which is expected to further strengthen its value-added product portfolio and long-te [Showing first 8,000 characters — download PDF for full document]