Latest news about LT Foods
LT Foods
404.10
-1.15(-0.28%)
Company Performance:
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1M+0.51%
6M-8.51%
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5Y+112.85%
More news about LT Foods
17Nov 25
LT Foods Expands European Presence with New Hungarian Subsidiary
LT Foods Limited has incorporated a new step-down subsidiary, LT Foods Hungary Holdings Kft., in Hungary with an initial capital of EUR 8,000. The subsidiary, fully owned by LT Foods Europe Holdings Limited, is registered with the number 01-09-449137 and will serve as an intermediate holding company for Hungarian operations. This strategic move aims to strengthen LT Foods' presence in the European market and potentially streamline its operations in the region.
05Nov 25
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.
04Nov 25
LT Foods Launches 'Rice Your Awareness' Campaign with 'Only Rice November' Challenge
LT Foods has initiated a nationwide campaign called 'Rice Your Awareness' under its DAAWAT® brand. The four-week initiative aims to promote conscious rice consumption and highlight Basmati rice's nutritional benefits. The campaign features the #OnlyRiceNovember challenge, offering expert-curated meal plans, participation from fitness experts and influencers, and actor Neha Dhupia as an early participant. The challenge gained over 10,000 participants on launch day. The campaign aims to spotlight Basmati rice's goodness, address consumption myths, and position it as a modern-day staple. Participants can access meal plans, earn badges, and share progress online throughout November.
30Oct 25
LT Foods Eyes 15% Revenue Growth by FY26, Bolstered by Global Expansion and Premiumisation
LT Foods aims for 15% normalized revenue growth by FY 2026, driven by recent acquisitions and focus on premium segments. The Global Green Europe acquisition is expected to add €40 million to turnover and enter the €15 billion European processed canned food market. Growth strategies include rising basmati exports, premiumisation in ready-to-heat and organic segments, and global expansion. Financial targets include EBITDA margin above 14% and ROCE of 22% within 4 years. H1 FY 2026 results show 25% YoY revenue growth to ₹5,273 crores. The company has a market cap of ₹14,000 crores and an AA credit rating.
30Oct 25
LT Foods Approves £5 Million Equity Infusion in UK Subsidiary, Reports Strong H1 FY'26 Performance
LT Foods Limited announced a £5 million equity infusion into its UK subsidiary, LT Foods UK Limited, to improve financial ratios and expand specialty rice business. The company also reported robust H1 FY'26 results with revenue up 25% to ₹5,273 crores, EBITDA up 20% to ₹619 crores, and PAT up 9% to ₹332 crores. Key growth areas include Basmati and Specialty Rice (24% YoY), Organic segment (26% YoY), and Europe/UK operations (31% YoY). LT Foods maintains strong market positions with DAAWAT® at 26.1% share in India and Royal® over 54% in the US.
30Oct 25
LT Foods Reports 25% Revenue Growth to Rs 5,273 Crores in H1FY26
LT Foods Limited reported strong financial results for H1FY26 with total revenue up 25% to Rs 5,273 crores and EBITDA up 20% to Rs 619 crores. The company saw growth across its Basmati and Specialty Rice segment (24%) and Organic segment (26%). DAAWAT maintained a 26.1% market share in India, while Royal holds over 54% in the U.S. LT Foods acquired Global Green Kft. for €25 million, entering the canned food business. Q2FY26 saw revenue increase by 30% YoY to Rs 2,772 crores with PAT up 9% to Rs 164 crores.
13Oct 25
LT Foods Expands into European Processed Foods Market with €7.8 Million Acquisition
LT Foods Limited is acquiring three European food processing companies for €7.8 million, marking its entry into the shelf-stable fruits and vegetables business. The acquisition includes Global Green Europe Kft., Greenhouse AGRAR Kft., and Global Green International (UK) Limited. The deal involves an upfront payment of €6 million and an earn-out of €1.8 million. The acquired entities serve over 30 European countries, have two manufacturing sites in Hungary, and produce 117 million jars and cans annually. Their product range includes canned sweet corn, gherkins, silver skin onions, and sour cherries in jars. The acquisition is expected to conclude in Q3 FY2025-26, subject to FDI clearance in Hungary.
19Aug 25
LT Foods Expands Global Gourmet Portfolio with Daawat Thai Green Curry Rice Kit
LT Foods has launched the Daawat Thai Green Curry Rice Kit, expanding its Ready-to-Cook (RTC) and Ready-to-Eat (RTE) offerings. The kit includes Jasmine Rice from Thailand, a pre-mixed green curry paste, and whole spices, aiming to provide an authentic Thai cuisine experience at home. This launch follows the success of the Daawat Biryani Kit, which has achieved over 1 million units in annual consumption. The new product is available on e-commerce and quick commerce platforms, aligning with LT Foods' strategy to meet evolving consumer demands for convenient, global meal solutions.
01Aug 25
LT Foods Reports Record Q1 FY26 Revenue of ₹2,501 Crores, Up 20% YoY
LT Foods achieved its highest ever quarterly revenue of ₹2,501.00 crores in Q1 FY26, a 20% year-on-year growth. EBITDA reached a record ₹302.00 crores, up 17% YoY. Basmati and specialty rice segment grew 18%, while organic business saw 32% growth. North America contributed 43% to revenue with 32% growth. The company completed the acquisition of Golden Star, expanded operations in Europe, and increased brand investments. Management maintains guidance of 12.5-13% EBITDA margin and expects ROCE of 21% plus.
24Jul 25
LT Foods Declares Rs 1 Interim Dividend, Reports Mixed Q1 Performance
LT Foods announced an interim dividend of Rs 1 per share for FY2025-26. Q1 financial results show 20% revenue growth to Rs 2,501 crores, with EBITDA increasing to Rs 302 crores. The Basmati segment grew 14%, while Organic Food saw 34% growth. However, the Ready-to-Heat segment declined 16%. The company completed acquisition of Golden Star Trading Inc. and faces potential countervailing duty on organic soybean meal exports to the US.
24Jul 25
LT Foods Reports 20% Revenue Growth in Q1 FY2026 Results
LT Foods announced robust Q1 FY2026 financial results, with revenue increasing 20% to ₹2,501.00 crores. Gross profit rose 24% to ₹867.00 crores, EBITDA grew 17% to ₹302.00 crores, and PAT increased 9% to ₹216.00 crores. The Basmati & Other Specialty Rice segment led growth with an 18% revenue increase, while the Organic Food and Ingredients segment saw 32% growth. The company maintains leading market positions in Canada, USA, and India, and aims to achieve a 14%+ EBITDA margin within four years.
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