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L T Foods Ltd Q2FY24; 65% rise in Profits

LT Foods Limited was incorporated in the 1980’s. It is primarily engaged in the business of milling, processing and marketing of branded and non-branded basmati rice and manufacturing of rice food products in the domestic and overseas market.

Financial Results:

L T Foods Ltd reported Revenues for Q2FY24 of ₹1,978.00 Crores up from ₹1,725.00 Crore year on year, a rise of 14.67%.

Total Expenses for Q2FY24 of ₹1,792.00 Crores up from ₹1,601.00 Crores year on year, a rise of 11.93%.

Consolidated Net Profit of ₹157.00 Crores up 65.26% from ₹95.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.49, up 60.36% from ₹2.80 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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