Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: Report

Edible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edible oil is expected to temper industry realisations moderately. Elevated global edible oil prices along with strong consumption support this anticipated revenue increase. Consumer demand is expected to grow amid improving affordability and upcoming festive seasons.