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LT Foods Ltd Q1FY24; 44% 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:

LT Foods Ltd reported Revenues for Q1FY24 of ₹1,778.00 Crores up from ₹1,611.00 Crore year on year, a rise of 10.37%.

Total Expenses for Q1FY24 of ₹1,622.00 Crores up from ₹1,491.00 Crores year on year, a rise of 8.79%.

Consolidated Net Profit of ₹137.00 Crores up 44.21% from ₹95.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.96, up 41.43% 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.

Tags: rice
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