Q4FY22 Quarterly Result Announced for LT Foods Ltd.
LT Foods declares Q4FY22 result: Total Revenue at Rs. 1,537 crore; up 31% YoY Gross Profit at Rs. 515 crore; up 27% YoY EBITDA at Rs. 163 crore; up 18% YoY Profit Before Tax stood at Rs. 110 crore; up by 24% Profit After Tax stood at Rs. 75 crore; up by 26% Cash Profit at Rs. 110 crore; up 21% YoY Total Revenue at Rs. 5,451 crore; up 14% YoY Gross Profit at Rs. 1,836 crore; up 14% YoY EBITDA at Rs. 620 crore; up 4% YoY Profit Before Tax at Rs. 428 crore; up 6% YoY Profit After Tax at Rs. 309 crore; up 7% YoY Cash Profit at Rs. 432 crore; up 9% YoY EPS at Rs. 9.13; up 7% YoY Book Value per share at Rs 67.2; up by 14% YoY Free Cash flows stood at Rs. 373 crore, up by 8% Commenting on the financial results, Managing Director & CEO, Mr. Ashwani Arora said that, “I am pleased to inform you that we have delivered a robust performance in a challenging macro environment with an all-round growth in revenue and profits both in India & in International markets across all three segments — Basmati & Other Specialty Rice, Organic, and Health & Convenience segments. Our investments in targeted brands coupled with our expanding distribution network has enabled LT Foods to create a sustainable, growing business model. To cater to its growing customer base and further improve service levels, the Business has expanded its product portfolio in India and in the International market in the last year. We continue to expand our global footprint leveraging the equity of our leading brands — with a reach now spanning over more than 60 countries. The Company’s focus on its pillars of growth, relentless execution with a proactive supply chain management and incremental margin expansion measures in the face of external headwinds have enabled us to carve a niche for ourselves as one of the leading global specialty food company. We are optimistic on the outlook of the overall business and remain committed towards addressing emerging consumer needs and are confident of scaling newer heights in the years to come.” Result PDF30-05-2022