Latest news with #LTFoods
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
Mint
22-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 22 May 2025
Breakout stocks buy or sell: The Indian stock market benchmarks, the Sensex and Nifty 50, break their three-day losing streak on Wednesday, May 21, thanks to broad-based buying. The Sensex gained 410 points, or 0.51%, to close at 81,596.63, while the Nifty 50 advanced 130 points, or 0.52%, finishing at 24,813.45. The BSE Midcap index climbed 0.90%, and the Smallcap index rose 0.51%. The total market capitalisation of companies listed on the BSE increased to ₹ 441 lakh crore from ₹ 438 lakh crore in the previous session, resulting in a gain of approximately ₹ 3 lakh crore for investors in just one trading day. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is positive as the Nifty 50 index is showing ascending channel pattern. Speaking on the outlook of Indian stock market, Bagadia said, 'The benchmark index has crucial support placed at 24,500 levels. One should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option.' 1] City Union Bank: Buy at ₹ 197.08, target ₹ 211, stop loss ₹ 190; 2] LT Foods: Buy at ₹ 398.15, target ₹ 426, stop loss ₹ 384; 3] Kajaria Ceramics: Buy at ₹ 1003.9, target ₹ 1075, stop loss ₹ 968; 4] Sarla Performance Fibers: Buy at ₹ 111.76, target ₹ 121, stop loss ₹ 107; 5] Shiva Texyarn: Buy at ₹ 228.26, target ₹ 244, stop loss ₹ 220. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Yahoo
16-05-2025
- Business
- Yahoo
LT Foods Ltd (BOM:532783) Q4 2025 Earnings Call Highlights: Strong Revenue Growth Amid ...
Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. LT Foods Ltd (BOM:532783) reported a strong quarter with an 8% increase in revenue, reaching INR 2,260 crore, driven by increased sales in the Basmati and specialty rice segments. Gross profit grew by 20%, with gross profit margins expanding by 370 basis points to 36.6%, attributed to favorable input prices. The company has expanded its product portfolio to include ready-to-eat and ready-to-cook meal options, healthy snacks, and organic foods, catering to modern dietary preferences. LT Foods Ltd (BOM:532783) has undertaken major expansion projects in the UK and entered high-potential markets like Saudi Arabia. The company maintains a strong market position in the US with its Royal brand, holding more than 55% market share in both mainstream and ethnic channels. Despite the increase in gross margins, EBITDA margins only saw a marginal increase of 30 basis points, indicating higher operational costs. Logistic costs have impacted margins, with a 1.7% increase, and advertising expenses are expected to rise further. The return on equity decreased from 19.2% in the previous year to 16.8% in the current financial year. The net debt to equity ratio increased from 0.1% to 0.2%, indicating a rise in leverage. The company's growth in Europe was slow, with only a 2% increase in Q4, partly due to the separation of UK operations. Q: Can you explain the discrepancy between the improvement in gross margins and the limited increase in EBITDA margins? A: The CFO explained that the logistics cost increased by 1.7%, advertising expenses rose by 0.4%, and administrative costs went up due to the capitalization of a facility in the UK. These factors contributed to the limited increase in EBITDA margins despite improved gross margins. Q: Are there any expected reversals in the factors affecting margins in FY26? A: The CFO mentioned that logistics costs are expected to normalize, but advertising expenses will increase as the company plans to spend more on consumer-side advertising. Overall, margins are expected to maintain or slightly improve. Q: Can you provide details on the acquisition of Global Green Group and its potential impact? A: The CEO stated that the acquisition involves a canned food business with good synergies. While details will be shared after the definitive agreement is signed, the acquisition is seen as a good opportunity for growth. Q: Why has growth in Europe been slow, and what are the cost percentages of revenue for Q4? A: The CFO clarified that Europe is not slow; the apparent slowdown is due to the separation of UK operations from Europe. The cost as a percentage of revenue for Q4 is 5.8%. Q: How does the company plan to handle potential US tariffs on Indian imports, and what is the impact of a possible US recession? A: The CEO stated that there is no expected impact from US tariffs due to lower material costs. Historically, during recessions, home consumption in the US increases, which could benefit the company. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
&w=3840&q=100)
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.
Business Standard
15-05-2025
- Business
- Business Standard
L T Foods consolidated net profit rises 7.91% in the March 2025 quarter
Sales rise 7.40% to Rs 2228.36 crore Net profit of L T Foods rose 7.91% to Rs 160.52 crore in the quarter ended March 2025 as against Rs 148.76 crore during the previous quarter ended March 2024. Sales rose 7.40% to Rs 2228.36 crore in the quarter ended March 2025 as against Rs 2074.81 crore during the previous quarter ended March 2024. For the full year,net profit rose 2.02% to Rs 605.34 crore in the year ended March 2025 as against Rs 593.35 crore during the previous year ended March 2024. Sales rose 11.70% to Rs 8681.47 crore in the year ended March 2025 as against Rs 7772.41 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 2228.362074.81 7 8681.477772.41 12 OPM % 11.5911.81 - 11.2712.07 - PBDT 269.04249.75 8 1007.68953.43 6 PBT 215.94204.48 6 822.00800.53 3 NP 160.52148.76 8 605.34593.35 2
