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Business Standard
15-05-2025
- Business
- Business Standard
LT Foods Q4 results: Net profit rises 6.8% to ₹160.51 cr, revenue up 7%
LT Foods reported a profit after tax (PAT) of ₹160.51 crore in the fourth quarter of financial year 2024–25, marking a 6.8 per cent increase from last year's Q4 profit of ₹150.24 crore. The company's revenue from operations grew by 7.4 per cent to ₹2,228.36 crore in Q4FY25, compared to ₹2,074.81 crore in Q4FY24. Ashwani Arora, Managing Director & Chief Executive Officer, LT Foods, said, 'FY25 has been a landmark year for LT Foods, as we crossed the $1 billion revenue milestone—a strong reflection of our resilient business model, portfolio of most loved global food brands, and deep consumer commitment.' LT Foods' gross profit rose by 20 per cent year-on-year (YoY) to ₹828 crore in the fourth quarter of FY25, while EBITDA reached ₹290 crore, up 11 per cent YoY. FY25 highlights For the full financial year FY25, LT Foods posted total revenue of ₹8,770 crore, a 12 per cent increase over the previous year. Gross profit surged 19 per cent to ₹3,030 crore, while EBITDA climbed 8 per cent to ₹1,067 crore. Profit after tax rose modestly by 2 per cent to ₹612 crore. The company's cash profit for the year stood at ₹797 crore, registering a 6 per cent YoY growth. The Basmati and other speciality rice segment delivered a 10 per cent growth in FY25, supported by increased investments in brand development and marketing efforts. LT Foods' organic segment regained its growth trajectory, recording a robust 29 per cent YoY growth during FY25. The Ready-to-Heat (RTH) and Ready-to-Cook (RTC) segment, including products such as DAAWAT Quick Cooking Rice variants, Royal Ready-to-Heat (in the US), DAAWAT Cuppa Rice, DAAWAT Biryani Kit, and Kari Kari (Japanese rice snacks), generated ₹188 crore in revenue in FY25. This segment saw a steady 21 per cent YoY growth.
Time of India
15-05-2025
- Business
- Time of India
LT Foods Q4 profit up 7% to Rs 161 crore, FY25 revenue crosses $1 billion mark
New Delhi: FMCG firm LT Foods Ltd on Thursday reported 6.83 per cent increase in consolidated net profit at Rs 160.51 crore for March quarter FY25, led by rise in margins and distribution expansion. It had reported a net profit of Rs 150.24 crore for the January-March period a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and Royal. Revenue from operations was at Rs 2,228.36 crore in March quarter as against Rs 2,074.81 crore a year ago. Total expenses were at Rs 2,048.91 crore, up 7.9 per cent year-on-year. Total income, which includes other revenue, was at Rs 2,259.63 crore, up 8.02 per cent from the year-ago period. In FY25, LT Foods' net profit was up 2.37 per cent to Rs 611.80 crore, from Rs 597.59 crore a year ago. Total income rose to Rs 8,769.93 crore in the quarter, crossing the billion-dollar milestone. Its basmati and other speciality rice business in FY25 grew 10 per cent on a YoY basis on account of increased investment in brand and marketing, said LT Foods in its earnings statement. The Organic Food and Ingredients business recorded a 29 per cent growth, and its international business delivered a strong performance, with all key markets contributing to growth. Commenting on results, Managing Director & CEO Ashwani Arora said:"FY25 has been a landmark year for LT Foods, as we crossed the USD 1 billion revenue milestone-a strong reflection of our resilient business model, portfolio of food brands and deep consumer commitment. "Our resilient business model, focus on quality, and understanding of evolving consumer needs have helped us deliver a strong 12 per cent year-on-year revenue growth," he said. The board of LT Foods in a meeting held on Thursday recommended a final dividend of Re 1 per equity share of face value of Re 1 each for financial year 2024-25. Shares of LT Foods Ltd on Thursday settled at Rs 363.15 apiece on BSE, down 1.55 per cent from the previous close.
Economic Times
15-05-2025
- Business
- Economic Times
LT Foods Q4 Results: Profit up 7% to Rs 161 crore, FY25 revenue crosses $1 billion mark
FMCG firm LT Foods Ltd on Thursday reported 6.83 per cent increase in consolidated net profit at Rs 160.51 crore for March quarter FY25, led by rise in margins and distribution expansion. It had reported a net profit of Rs 150.24 crore for the January-March period a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and Royal. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FMCG firm LT Foods Ltd on Thursday reported 6.83 per cent increase in consolidated net profit at Rs 160.51 crore for March quarter FY25, led by rise in margins and distribution expansion. It had reported a net profit of Rs 150.24 crore for the January-March period a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and from operations was at Rs 2,228.36 crore in March quarter as against Rs 2,074.81 crore a year expenses were at Rs 2,048.91 crore, up 7.9 per cent year-on-year. Total income, which includes other revenue, was at Rs 2,259.63 crore, up 8.02 per cent from the year-ago FY25, LT Foods' net profit was up 2.37 per cent to Rs 611.80 crore, from Rs 597.59 crore a year ago. Total income rose to Rs 8,769.93 crore in the quarter, crossing the billion-dollar basmati and other speciality rice business in FY25 grew 10 per cent on a YoY basis on account of increased investment in brand and marketing, said LT Foods in its earnings Organic Food and Ingredients business recorded a 29 per cent growth, and its international business delivered a strong performance, with all key markets contributing to on results, Managing Director & CEO Ashwani Arora said:"FY25 has been a landmark year for LT Foods, as we crossed the USD 1 billion revenue milestone-a strong reflection of our resilient business model, portfolio of food brands and deep consumer commitment."Our resilient business model, focus on quality, and understanding of evolving consumer needs have helped us deliver a strong 12 per cent year-on-year revenue growth," he board of LT Foods in a meeting held on Thursday recommended a final dividend of Re 1 per equity share of face value of Re 1 each for financial year 2024-25. Shares of LT Foods Ltd on Thursday settled at Rs 363.15 apiece on BSE, down 1.55 per cent from the previous close.
Time of India
15-05-2025
- Business
- Time of India
LT Foods Q4 Results: Profit up 7% to Rs 161 crore, FY25 revenue crosses $1 billion mark
FMCG firm LT Foods Ltd on Thursday reported 6.83 per cent increase in consolidated net profit at Rs 160.51 crore for March quarter FY25, led by rise in margins and distribution expansion. It had reported a net profit of Rs 150.24 crore for the January-March period a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and Royal. Revenue from operations was at Rs 2,228.36 crore in March quarter as against Rs 2,074.81 crore a year ago. Total expenses were at Rs 2,048.91 crore, up 7.9 per cent year-on-year. Total income, which includes other revenue, was at Rs 2,259.63 crore, up 8.02 per cent from the year-ago period. In FY25, LT Foods' net profit was up 2.37 per cent to Rs 611.80 crore, from Rs 597.59 crore a year ago. Total income rose to Rs 8,769.93 crore in the quarter, crossing the billion-dollar milestone. Its basmati and other speciality rice business in FY25 grew 10 per cent on a YoY basis on account of increased investment in brand and marketing, said LT Foods in its earnings statement. Live Events The Organic Food and Ingredients business recorded a 29 per cent growth, and its international business delivered a strong performance, with all key markets contributing to growth. Commenting on results, Managing Director & CEO Ashwani Arora said:"FY25 has been a landmark year for LT Foods, as we crossed the USD 1 billion revenue milestone-a strong reflection of our resilient business model, portfolio of food brands and deep consumer commitment. "Our resilient business model, focus on quality, and understanding of evolving consumer needs have helped us deliver a strong 12 per cent year-on-year revenue growth," he said. The board of LT Foods in a meeting held on Thursday recommended a final dividend of Re 1 per equity share of face value of Re 1 each for financial year 2024-25. Shares of LT Foods Ltd on Thursday settled at Rs 363.15 apiece on BSE, down 1.55 per cent from the previous close.
Mint
09-05-2025
- Business
- Mint
Escalating India-Pakistan tensions trigger stockpiling in border regions
New Delhi: Residents in border regions rushed out to buy essentials from food grains to biscuits, prompting Union food and consumer affairs minister Pralhad Joshi on Friday to urge the public to disregard what he called misleading messages about food stocks, adding that there are enough supplies available in the country. Taking to social media platform X he also directed traders and businesses dealing with essential commodities to cooperate with law enforcement and warned that hoarding or stockpiling will be prosecuted under the Essential Commodities Act. The minister's warning came as escalating tensions between India and Pakistan prompted residents in border towns in Jammu, Rajasthan and Punjab rushing to buy essential goods like wheat, flour, rice and packaged foods. Also read: As temperatures soar, consumers rush for ACs, coolers to beat the heat Demand surged in both stores and on online platforms. Packaged food companies reported this surge in demand from northern border cities and assured adequate supply. Packaged food companies said demand has increased from border cities in north India. Companies assured supplies of adequate stock in such markets. 'Border areas are seeing greater demand with consumers panic- buying. We are prepared with our supply chain and are ensuring quick supplies. Delhi is not impacted yet. We are seeing panic buying in large stores and quick-commerce in these markets. We have an efficient supply chain, (we did) even during covid, so we won't be out of stock at all," said Ashwani Arora, managing director and chief executive officer (CEO), LT Foods, which sells basmati rice. Also read: Is quick commerce eating into the food delivery market? To be sure, some grocery stores in Delhi reported increased demand for pulses and flour—as despite the capital remaining largely insulated from the conflict impact, a sense of panic prompted some households to stock up. For example, in south Delhi's Lajpat Nagar, shelves for tea, soaps, coffee, pulses and biscuits were bare at a large department store on Friday afternoon. 'We've seen a lot of bulk buying in the past three days," noted an employee at the Bhagat Ram Om Prakash store. With the fighting continuing till the early hours of Friday morning, the national capital has been placed on high alert. Angelo George, CEO, Bisleri International, said the maker of packaged water is fully operational across India, including in regions facing disturbances. 'We have implemented all necessary precautions to ensure the safety of our staff and associates, in line with government advisories. We are also closely monitoring demand trends—there has been a noticeable increase in northern markets and we are taking all measures to ensure uninterrupted supplies," he said. Others also reported more last-minute purchases. Biscuit-maker Parle Products reported an uptick for its brands across small stores in border areas. 'We are seeing some increased buying in border markets, especially in Rajasthan and Punjab. Over the last 10 days we have already ensured that we have sufficient stock in those markets. Typically, in a situation like this people tend to stock up on food items, having experienced this earlier we have already ensured that we have a high amount of stock moved to these distribution centres," said Mayank Shah, senior category head, Parle Products Pvt. Ltd. Also read: Profit squeeze drives Indian restaurants to seek new delivery paths 'We are ensuring the stock is adequately available. There shouldn't be any panic. I think the government has taken good measures and honestly, I am very proud of our army," he added. Meanwhile, distributors of fast-moving consumer products said the market has sufficient stock for two months. 'There is no need to panic. Yes, we have seen an uptick in demand for medicines and some essentials via general trade or kirana stores but it is not pan-India," said Dhairyashil Patil, president, All India Consumer Products Distributors' Federation.
