LT Foods Q2 Results: Net profit rises 10% on 17% revenue growth; margin falls

LT Foods reported a 9.9% YoY increase in net profit to ₹180 crore for the second quarter, while revenue rose 16.8% to ₹3,231 crore. EBITDA grew 8.7...

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Global FMCG company LT Foods Ltd on Tuesday (October 27) reported a 9.9% year-on-year (YoY) increase in net profit to ₹180 crore for the second quarter, compared with ₹164 crore in the year-ago period.

Revenue grew 16.8% YoY to ₹3,231 crore from ₹2,766 crore in the corresponding quarter last year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 8.7% YoY to ₹336 crore, compared with ₹309 crore a year ago. EBITDA margin declined to 10.4% from 11.2% in the year-ago quarter.

Shares of LT Foods Ltd ended at ₹391.00, up by ₹9.60, or 2.52%, on the BSE.

LT Foods Q2 Results: Net profit rises 10% on 17% revenue growth; margin falls

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