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LT FOODS LTD. - 532783 - Announcement under Regulation 30 (LODR)-Acquisition

Disclosure under Regulation 30 of SEBI Listing Regulations
03-03-2022
Bigul

Q3FY22 Quarterly Result Announced for LT Foods Ltd.

Packaged Foods firm LT Foods Limited declares Q3FY22 result: Total Revenue at Rs 1,369 crore; up 21% YoY Gross Profit at Rs 456 crore; up 15% YoY EBITDA at Rs 151 crore; up 10% YoY Profit After Tax at Rs 77 crore; up 11% YoY Cash Profit at Rs 107 crore; up 13% YoY EPS at Rs. 2.23; up 8% YoY Total Revenue at Rs 3,913 crore; up 9% YoY Gross Profit at Rs 1,322 crore; up 10% YoY EBITDA at Rs 456 crore Profit After Tax stood at Rs. 234 crore; up by 2% Cash Profit at Rs 322 crore; up 5% YoY Free Cash flows stood at Rs 159 crore Finance Cost at Rs 50 crore; down by 27% YoY Book Value per share at Rs 65.2; up 15% YoY Announced Interim Dividend of Rs. 0.50 per share Commenting on the financial results, Managing Director & CEO, Mr. Ashwani Arora said that, “LT Foods continues to deliver an all-round growth in revenue and profits in both India & International markets across all three segments – Basmati & Other Specialty Rice, Organic, Health & Convenience. Company has delivered this growth with a combination of accelerated brand investments and expansion of distribution network across geographies. These investments have aided us to premiumize our product portfolio and also double our distribution footprint in both India & International market in the last four years. Our global delivery hubs in US & Europe have expanded the reach of Organic ingredients into both mainstream & ethnic channels. Despite the pandemic induced headwinds & disruptions right through the year, we have maintained a relentless focus on our Strategic Pillars of Growth, Margin Expansion and Strengthening the Financial Metrics. As we continue to make sustained investments in strengthening the culture of customer centricity & business excellence across all our domains, we are optimistic on the outlook of the overall business and remain committed towards building a purposive, profitable & progressive organization for the future.” Result PDF
31-01-2022
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