Latest news with #KariKari
Business Upturn
26-05-2025
- Business
- Business Upturn
LT Foods joint venture with Kameda to expand roasted gluten-free snacks portfolio
By Aman Shukla Published on May 26, 2025, 12:17 IST Kameda LT Foods, a joint venture between LT Foods and Japan-based Kameda Seika, has introduced a new addition to its Kari Kari snack range — Krispy Hopu in the 'Sweet and Salty' flavour. This new product is designed to meet the growing demand for healthier snacking options, offering a roasted rice-based alternative that is gluten-free, vegan, and free from palm oil. Krispy Hopu is inspired by the traditional Japanese snack 'Salada Hopu' and reflects the rice heritage of Niigata, Japan. The snack delivers a distinct taste profile that blends sweet, salty, and umami flavours, aimed at consumers looking for light yet flavourful snacks. It is made using a roasting process, not frying, making it a suitable choice for those mindful of their dietary preferences. Available in two convenient sizes — a single-serve pack priced at ₹20 and a sharing pack at ₹50 — Krispy Hopu caters to both individual and group snacking occasions. The product is currently being rolled out on select e-commerce and quick commerce platforms, with wider availability in retail outlets across key cities planned in the coming months. With Kari Kari, Kameda LT Foods continues its strategy of combining Japanese rice snack expertise with Indian market insights, further expanding its presence in both domestic and select international markets. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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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.
