LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analysts / Institutional Investor's meetings / conferences01-08-2023
01-08-2023
LT FOODS LTD. - 532783 - Disclosure As Per Regulation 7(3) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
Disclosure as per Regulation 7(3) of SEBI (Prohibition of Insider Trading) Regulations, 201501-08-2023
LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Financial Results for the quarter ended June 30, 202331-07-2023
Q1FY24 Quarterly Result Announced for LT Foods Ltd.
Packaged Foods company LT Foods announced Q1FY24 results: Total Revenue stood at Rs 1,789 crore; up 10% YoY Gross Profit stood at Rs 604 crore; up 6% YoY EBITDA stood at Rs 224 crore; up 27% YoY Profit After Tax stood at Rs 137 crore; up by 44% YoY Cash Profit stood at Rs 173 crore; up 39% YoY Current Ratio improved from 1.79 to 1.96 in Q1FY24. Interest Coverage Ratio stood at 8.6 in Q1FY24 compared to 8.7 in Q1FY23. Debt-Equity declined to 0.38 in Q1FY24 compared to 0.54 in Q1FY23. Debt-EBITDA declined to 1.2 in Q1FY24 compared to 1.7 in Q1FY23 on annualized basis. The Return on Capital Employed improved to 19.4% in Q1FY24 compared to 17.7% in Q1FY23. The Normalized Return on Capital Employed, on account of an insurance claim, stood at 20.1%. The Return on Equity improved to 19.2% for Q1FY24 compared to 17.3% in Q1FY23. Ashwani Arora, Managing Director & CEO, LT Foods, said, “We are delighted to announce a robust quarterly performance, led by a topline growth of 10% YoY along with earnings growth of 44%. We witnessed significant improvements in margins and return ratios. Our core business of Basmati and Other Specialty Rice reported a resilient growth of 24%. This is the result of our continuous investments in our brands, i.e. Daawat, Royal, Heritage, etc., as well as the expansion of our distribution network. Our market share in India has increased to 29.8%, displaying a consistent upward trend of 210 bps over the same period last year. In addition, in Q1FY24, LT Foods experienced an impressive offtake volume growth of 17.2% and this growth rate outperformed the category's growth rate, which stood at 9.0% during the same period. We are committed to growing our market presence and solidifying our position through a combination of organic and inorganic routes. The company will continue to invest in Marketing & Brand building initiatives, Research & Development (R&D;), and Product Innovation to enhance its competitive edge by expanding its market share and distribution reach. With an unwavering focus on having a sustainable, scalable, and profitable business, we are also optimistic about maintaining the growth momentum this year and further solidifying our position in consumer space in India as well as globally.” Result PDF28-07-2023
LT FOODS LTD. - 532783 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 In Respect Of Incorporation Of A Step-Down Subsidiary Company.
Intimation under Regulation 30 of SEBI listing Regulations28-07-2023
LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation28-07-2023
LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release28-07-2023
LT FOODS LTD. - 532783 - Corporate Action-Board approves Dividend
Declaration of Interim and Final Dividend and fixing of Record date and Book Closure for Final Dividend and AGM28-07-2023
LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Dividend Updates
Declaration of Interim and Final Dividend28-07-2023