April 29 (Reuters) - Singapore-listed Wilmar International reported a 14% drop in its first-quarter net profit on Monday, hurt by weak performance from its sugar merchandising division and the feed and industrial products segment.

The company, one of the world's largest food producers, said core net profit for the three months ended March 31 was $328.4 million, compared with $381.9 million a year ago.

(Reporting by John Biju and Rishav Chatterjee in Bengaluru; Editing by Mrigank Dhaniwala)