Shares of LT Foods Ltd traded nearly 2% higher on Friday, October 31, at ₹424 after the company posted strong financial results for the July–September quarter. The stock opened firm following its Q2 performance update, reflecting investor confidence in the company’s growth momentum.
The global consumer food company reported a 10.4% year-on-year rise in net profit to ₹163.85 crore, compared with ₹148.38 crore in the same period last year. Revenue surged 31.2% to ₹2,765.73 crore, up from ₹2,107.78 crore a year ago, supported by robust demand across its branded portfolio including Daawat and Royal.
EBITDA for the quarter grew 34.7% to ₹309.4 crore, while operating margin improved to 11.19% from 10.90% in the corresponding period of the previous year. The company attributed the strong show to sustained demand for specialty rice and rice-based products across domestic and international markets.
With consistent brand performance and expanding global reach, LT Foods continues to strengthen its position in the packaged foods segment.
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