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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.
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.
Yahoo
15-05-2025
- Business
- Yahoo
India's LT Foods posts higher quarterly profit on strong demand
(Reuters) -India's LT Foods, which makes the Daawat and Royal brands of basmati rice, posted a 7.9% rise in fourth-quarter profit on Thursday, on strong demand. The company said its consolidated net profit rose to 1.61 billion rupees ($18.8 million) in the three months ended March 31, up from 1.49 billion rupees last year. The Gurugram-based firm said its basmati and other speciality rice segment grew 10%, organic food and ingredients rose 29%, and ready-to-heat and ready-to-cook products climbed 21% from last year. LT Foods does not segregate its revenue by segments or geography. The company, which currently accounts for about half of India's rice exports to the United States, said its international business delivered a strong performance, with all key markets contributing to growth. The Indian government lifting the export ban on non-basmati rice and removing the minimum export price for basmati in September 2024 boosted exports from India, according to analysts, with overall export volumes jumping 50% in January 2025 from a year earlier. Exports make up around 45% of LT Foods' overall revenue, which rose 7.4% to 22.28 billion rupees. ($1 = 85.4640 Indian rupees) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
15-05-2025
- Business
- Reuters
India's LT Foods posts higher quarterly profit on strong demand
May 15 (Reuters) - India's LT Foods ( opens new tab, which makes the Daawat and Royal brands of basmati rice, posted a 7.9% rise in fourth-quarter profit on Thursday, on strong demand. The company said its consolidated net profit rose to 1.61 billion rupees ($18.8 million) in the three months ended March 31, up from 1.49 billion rupees last year. The Gurugram-based firm said its basmati and other speciality rice segment grew 10%, organic food and ingredients rose 29%, and ready-to-heat and ready-to-cook products climbed 21% from last year. LT Foods does not segregate its revenue by segments or geography. The company, which currently accounts for about half of India's rice exports to the United States, said its international business delivered a strong performance, with all key markets contributing to growth. The Indian government lifting the export ban on non-basmati rice and removing the minimum export price for basmati in September 2024 boosted exports from India, according to analysts, with overall export volumes jumping 50% in January 2025 from a year earlier. Exports make up around 45% of LT Foods' overall revenue, which rose 7.4% to 22.28 billion rupees. ($1 = 85.4640 Indian rupees)
