LT FOODS LATEST UPDATES

Q2 FY2026 Financial Performance: LT Foods reported its highest-ever quarterly revenue of ₹2,772 crore for the quarter ended September 30, 2025, which represents a 30% year-on-year growth. The consolidated Net Profit After Tax (PAT) for the quarter increased by approximately 9% year-on-year to ₹163.85 crore. Global Market Growth: The company saw strong performance across its key regions. North America, where the flagship 'Royal' brand holds a leading position in the Basmati rice import market, accounted for 46% of revenue with 47% growth. The European market also recorded robust growth of 31% year-on-year. Strategic Acquisition in Europe: LT Foods completed the acquisition of Hungary-based Global Green Kft for approximately €25 million. This acquisition is a strategic move to enter the European processed and canned food market and enhance its Ready-to-Heat (RTH) and Ready-to-Eat (RTE) portfolio in the region. US Tariff Concerns: The stock price of LT Foods and other Indian rice exporters saw a sharp drop in early December 2025 following public statements from the US President hinting at the possibility of imposing fresh tariffs on rice imports from India. LT Foods' business in North America is a major contributor to its revenue. New Marketing Initiative: Under its domestic 'DAAWAT' brand, the company launched the 'Rice Your Awareness' initiative, including the "Only Rice November" challenge. The campaign aims to promote the nutritional benefits and versatility of Basmati rice and address myths about its consumption.