April 24 (Reuters) - Bunge beat Wall Street expectations for first-quarter profit on Wednesday as the grain trader and processor benefited from a recovery in processing margins.

The company posted an adjusted profit of $3.04 per share for the three months ended March 31, compared with analysts' estimates of $2.53 per share, according to LSEG data. (Reporting by Sourasis Bose in Bengaluru; Editing by Shounak Dasgupta and Tasim Zahid)