LT Foods Reports Record Q2 Revenue, Launches 'Rice Your Awareness' Initiative
LT Foods achieved its highest-ever quarterly revenue of Rs 2,772 crores in Q2 FY26, a 30% year-on-year growth. The company's EBITDA grew by 24% to Rs 316 crores. North America accounted for 46% of revenue with 47% growth, while India contributed 30% with 13% growth. LT Foods acquired Hungary-based Global Green Kft for $25 million, entering the £15 billion European processed food market. The company launched the 'Rice Your Awareness' initiative under its DAAWAT® brand to promote mindful rice consumption, featuring a #OnlyRiceNovember challenge and expert-curated meal plans.

*this image is generated using AI for illustrative purposes only.
LT Foods , a global FMCG company specializing in rice and rice-based products, has reported its highest-ever quarterly revenue of Rs 2,772 crores in Q2 FY26, marking a 30% year-on-year growth. The company also unveiled a new consumer-focused initiative aimed at promoting mindful rice consumption.
Strong Financial Performance
LT Foods demonstrated robust financial growth in the second quarter of FY26:
| Financial Metric | Q2 FY26 | YoY Growth |
|---|---|---|
| Revenue | 2772.00 | 30% |
| EBITDA | 316.00 | 24% |
| EBITDA Margin | 11.40 | -60 bps |
For the first half of FY26, the company reported:
| Financial Metric | H1 FY26 | YoY Growth |
|---|---|---|
| Revenue | 5273.00 | 25% |
| EBITDA | 619.00 | 20% |
The company attributes this growth to strategic brand investments, sustained growth across multiple segments and geographies, increasing consumer demand, and improved distribution channels across key markets.
Geographic Performance
- North America: Accounts for 46% of revenue with 47% year-on-year growth
- India: Contributes 30% of revenue with 13% growth
- Europe and UK: Represents 15% of revenue, achieving 31% year-on-year growth
Strategic Expansion
LT Foods has expanded its presence in the European processed food market through the acquisition of Hungary-based Global Green Kft at an enterprise value of $25 million. This move marks the company's entry into the £15 billion market segment, complementing its existing ready-to-eat and ready-to-cook packaged food portfolio.
'Rice Your Awareness' Initiative
LT Foods has launched the 'Rice Your Awareness' initiative under its flagship brand DAAWAT®. This four-week nationwide campaign aims to promote conscious conversation around rice consumption and encourage mindful eating habits.
Key features of the initiative include:
- #OnlyRiceNovember challenge: Invites participants to pledge towards mindful rice consumption
- Expert-curated meal plans: Designed by leading nutritionists to demonstrate rice's nutritional benefits
- Celebrity endorsement: Actor Neha Dhupia is among the first to take up the challenge
- Digital engagement: Over 500 nutrition-focused influencers are leading the movement across social media
Ritesh Arora, CEO of India Business & Far East at LT Foods Ltd., stated, "'Rice Your Awareness' is more than an initiative; it's a movement to spotlight the goodness and versatility of Basmati in today's world."
Looking Ahead
LT Foods maintains a strong investment-grade credit rating of CRISIL AA- A1+ with a positive outlook. The company continues to focus on deepening brand equity, accelerating market expansion, investing in digital transformation, and evolving through strategic partnerships.
As LT Foods navigates the challenges of global tariffs and market dynamics, it remains committed to delivering products that represent trust, quality, and value to consumers worldwide.
Historical Stock Returns for LT Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.77% | -2.91% | +2.40% | +17.10% | +1.00% | +112.59% |




































