Edible Oil News
How KRBL’s mistakes are helping LT Foods win the race
KRBL's weak corporate governance and lack of operational focus have led to the Street rewarding LT Foods with a higher valuation.
1 min read17 Sep 2025Marico eyes rapid revenue growth, fuelled by foods and digital-first brands
Marico Ltd anticipates revenue growth, aiming for ₹15,000 crore revenue in two years, driven by foods and digital brands. Despite inflation challenges, the company reported a 23% revenue increase in Q1, with positive demand trends expected as costs normalize.
3 min read4 Aug 2025LIC's June-quarter bets signal shift from momentum to value investing
India's largest domestic institutional investor increased its stake in 54 listed companies and trimmed its stakes in another 64 during the quarter, a Mint analysis showed.
5 min read24 Jul 2025AWL Agri's food ambitions are growing. It must fix the oil business first.
The company, formerly known as Adani Wilmar, is targeting ₹7,000 crore of revenue from food & FMCG in FY26 and ₹10,000 crore in FY27. But its workhorse, edible oils, will have to lead the recovery after a weak Q1.
2 min read17 Jul 2025Import duty was slashed for edible oils, but what happened to retail prices?
The customs duty cut from 20% to 10% on crude edible oils like palm, soybean, and sunflower is expected to lower wholesale prices by about ₹10 per litre.
4 min read18 Jun 2025Centre halves basic customs duty on imported crude edible oils to 10%
The reduction is also aimed at incentivising the refining of crude edible oils in India by widening the import duty differential between crude and refined oils from 8.75% to 19.25% and making crude edible oil imports easier than the imports of refined products.
2 min read11 Jun 2025Industry group urges edible oil makers to pass on duty cuts to consumers
On 31 May, the government announced basic customs duty cuts on crude soybean, palm and sunflower oil from 20% to 10%. The effective import duty on these three products has fallen to 16.5% from 27.5%.
3 min read4 Jun 2025Mint Primer: Rise and fall of edible oil duties: Who benefits?
India relies heavily on edible oil imports, which meets 57% of its demand.
2 min read4 Jun 2025Standard cooking oil packs mooted to cut shifty traders to size
Random sizes such as 800 gm, 810 gm and 850 gm are being sold in the market as 1 kg packs, allowing sellers to charge full 1 kg prices for lower quantities.
3 min read22 May 2025Strong oilseed crop to keep India edible oil prices stable: AWL Agri Business
Edible oils account for around 64% of the company's annual revenue, followed by packaged foods and other fast-moving consumer goods. The company sells edible oils such as soya, sunflower, mustard, rice bran, groundnut and cottonseed.
4 min read29 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared