Adani Wilmar plans to invest Rs 600 crore to expand edible oil processing capacities and launch new food products. It aims for higher growth in volume terms, with ongoing expansion programs of Rs 3,400 crore. Promoters aim to reduce stakes to 75 per cent by February, meeting SEBI's norm. The company reported a net profit of Rs 313.20 crore in Q1 of the fiscal year, with revenue growth in edible oils, food, and FMCG businesses.
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