Categories Earnings, Retail

LT Foods Limited Q4FY23 Earnings Story

In the 1980s, LT Foods Limited was formed. Its main activities include the production of rice food items for the domestic and international markets as well as the milling, processing, and selling of branded and unbranded basmati rice.

It also conducts research and development to improve the quality of rice and rice-based foods. Brown rice, white rice, steamed rice, parboiled rice, organic rice, rapid cooking rice, value added rice, and flavoured rice are all included in the company’s range of rice products for the ready to cook market.

Financial Results:

  • LT Foods Ltd. reported Total Income for Q4FY23 of ₹ 1,836 Crores up from ₹ 1,537 Crore year on year, a rise of 19%.

  • Total Expenses for Q4FY23 of ₹ 1685 Crores up from ₹ 1428 Crores year on year, rise of 18%.

  • Consolidated Net Profit of ₹ 132 Crores, up 75% from ₹ 75 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 3.89, up 74% from ₹ 2.23 in the same quarter of the previous year.

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