LT Foods shares drop 8% after announcing its Q3 FY25 financial results. As of 3:00 PM, the shares were trading 7.32% lower at Rs 370.10.
The company posted consolidated revenue of ₹2,274.81 crore for the quarter ending December 31, 2024, reflecting a 16.9% year-on-year (YoY) increase from ₹1,941.73 crore in Q3 FY24. This demonstrates LT Foods’ strong market position and consistent product demand.
However, the company’s net profit for the quarter stood at ₹145.39 crore, marking a 4.8% decline YoY compared to ₹152.65 crore in Q3 FY24. On a sequential basis, net profit also decreased by 3.5% from ₹150.61 crore in Q2 FY25.
For the nine months ending December 31, 2024, LT Foods recorded revenue of ₹6,453.10 crore, up 13.4% from ₹5,697.59 crore in the same period last year. Net profit during this period increased slightly to ₹451.28 crore from ₹447.36 crore in FY24.
LT Foods’ stock opened today at ₹396.50, reaching a high of ₹397.40 and a low of ₹362.10. The company’s 52-week high stands at ₹451.60, while its 52-week low is ₹160.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
