Strong Margin Growth and Global Performance Drive Earnings
New Delhi, May 15 – LT Foods Ltd, the FMCG company behind popular basmati rice brands Daawat and Royal, posted a 6.83% rise in consolidated net profit to ₹160.51 crore for the March quarter of FY25, buoyed by improved margins and an expanded distribution network.The company had reported a net profit of ₹150.24 crore in the same quarter last year.
Revenue and Expense Highlights
Revenue from operations stood at ₹2,228.36 crore, up from ₹2,074.81 crore in Q4 FY24. Total income, including other revenue, rose by 8.02% year-on-year to ₹2,259.63 crore. Meanwhile, total expenses increased by 7.9% YoY to ₹2,048.91 crore.FY25: A Landmark Year
For the full fiscal year FY25, LT Foods’ consolidated net profit increased by 2.37% to ₹611.80 crore, compared to ₹597.59 crore in FY24. Total income reached ₹8,769.93 crore, helping the company surpass the USD 1 billion revenue mark.The company attributed its performance to a 10% YoY growth in the basmati and specialty rice segment, driven by increased investments in branding and marketing.
Its Organic Food and Ingredients division recorded an impressive 29% growth, while international markets showed robust contributions across all major geographies.
CEO's Remarks
Ashwani Arora, Managing Director & CEO of LT Foods, stated,He emphasized the company’s focus on quality, consumer insights, and strong brand portfolio as key drivers of the 12% YoY revenue growth.
Dividend and Market Reaction
The Board of Directors recommended a final dividend of Re 1 per equity share (face value Re 1) for FY25.Despite the strong performance, LT Foods’ shares ended the day 1.55% lower at ₹363.15 apiece on the BSE.
