India, Oct. 7 -- AWL Agri Business is steadily expanding beyond its traditional edible-oil business by building a broader food and FMCG portfolio. While edible oils remain the company's largest revenue contributor, packaged foods and household staples are growing at a faster pace and could eventually become a second major growth engine.

The key question is whether this expansion can reduce the company's dependence on edible oils, improve profitability and create a more diversified business model.

Food & FMCG Is Growing Rapidly AWL remains heavily dependent on edible oils. In FY26, the company generated around Rs59,787 crore from edible oils, compared with Rs6,473 crore from Food & FMCG and Rs8,470 crore from Industry Essentials.

Food &...