LT Foods Limited reported consolidated revenue of ₹2,274.81 crore for the quarter ending December 31, 2024, marking a 16.9% year-on-year (YoY) growth compared to ₹1,941.73 crore in Q3 FY24. This robust revenue performance underscores the company’s strong market presence and consistent demand for its products.
The company’s net profit for the period stood at ₹145.39 crore, reflecting a marginal decline of 4.8% YoY from ₹152.65 crore reported in the corresponding quarter last year. On a sequential basis, net profit also dipped 3.5% from ₹150.61 crore in Q2 FY25.
For the nine months ending December 31, 2024, LT Foods achieved a revenue of ₹6,453.10 crore, growing 13.4% from ₹5,697.59 crore in the same period last year. The net profit for the nine months was ₹451.28 crore, a slight increase compared to ₹447.36 crore reported during the same period of FY24.
Despite a strong revenue performance, the decline in profitability is attributed to increased costs and market dynamics. LT Foods continues to focus on expanding its product portfolio and improving operational efficiencies to maintain growth momentum.
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