LT Foods Ltd

L T Foods announced that India Ratings and Research has revised the rating on the company's bank facilities and commercial paper at IND AA; Stable/ IND A1+ (long term rating upgraded; short term rating affirmed). Powered by Capital Market - Live

Net profit of L T Foods rose 10.42% to Rs 163.85 crore in the quarter ended September 2025 as against Rs 148.39 crore during the previous quarter ended September 2024. Sales rose 31.22% to Rs 2765.74 crore in the quarter ended September 2025 as against Rs 2107.79 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2765.742107.79 31 OPM %11.1910.88 - PBDT289.00244.80 18 PBT229.12199.97 15 NP163.85148.39 10 Powered by Capital Market - Live

LT Foods will hold a meeting of the Board of Directors of the Company on 30 October 2025.Powered by Capital Market - Live

The Hungarian operations of Global Green were established in 2006 following the acquisition of the erstwhile Intergarden N.V. and today serve more than 30 countries across Europe. The company is a key player in the production of sweet corn in cans, and gherkins, silver skin onions, peas and sour cherries in jars, with 2 manufacturing sites spread across 45 acres of land in Hungary. It reports an annual turnover of '40 million. The acquisition will be executed through LT Foods Europe Holdings, a wholly-owned step-down subsidiary of LT Foods. Under the agreement, LT Foods will pay '6 million at closing for 100% equity shareholding, with the remaining '1.8 million payable over the next 2 years through earn-out mechanism besides taking over the borrowings. The transaction includes the acquisition of Global Green International (UK) and Greenhouse Agr'r Kft., which serve as support and distribution entities. The deal is subject to FDI approval in Hungary. This acquisition is in line with the long term strategy of the company for growth through packaged food and to further strengthen its ready-to-heat (RTH) and ready-to-eat (RTE) segment. This move will allow LT Foods to make further inroads in Central and Southern Europe while adding synergies with its cross distribution network. V K Arora, executive chairman of LT Foods, said, 'This acquisition marks an important step forward in our strategy of expanding our product portfolio and global footprint. The acquisition of Global Green Europe Kft. enables us to enter the processed canned food market, leveraging synergies with our existing business in Europe. This acquisition also reinforces our commitment to building a globally diversified food portfolio while maintaining its leadership in rice based products. We see this as an opportunity to further strengthen our relationship with customers and consumers by offering them a wider range of high-quality, ambient packaged food products, aligned with our purpose of providing 'Nurturing Goodness' for people, planet and the community.' Vikas Magoon from LT Foods Europe said, 'We already have a strong presence in Europe through our manufacturing operations in the Netherlands and the United Kingdom. Addition of Global Green Europe Kft., Hungary will enable LT Foods to establish a third manufacturing hub in Europe, strengthening its foothold in Central and Southern Europe. A manufacturing base in Hungary also offers a relative cost advantage vis-'-vis our existing facilities, enhancing LT Foods' competitiveness in the region. With expanded manufacturing capabilities and access to a broader consumer base, the company is well-positioned to deliver sustainable growth and value across markets.' LT Foods is a leading player globally in the specialty rice and rice-based foods business. The company sells its products in more than 65 countries across India, the U.S., Europe, the Middle East, the Far East and the rest of the world. The company's consolidated net profit jumped 10% to Rs 168.50 crore on 19% increase in net sales to Rs 2463.92 crore in Q2 FY26 over Q2 FY25. The counter rose 0.74% to Rs 410.55 on the BSE.Powered by Capital Market - Live

L T Foods has signed a definitive agreement to acquire 100% stake in Hungary-based Global Green Europe Kft. for an enterprise value of approximately '25 million. This acquisition is in line with the long term strategy of the company for growth through packaged food and to further strengthen its RTH and RTE segment. This move will allow LT Foods to make further inroads in Central and Southern Europe while adding synergies with its cross distribution network. The acquisition will be executed through LT Foods Europe Holdings Limited, a wholly-owned step-down subsidiary of LT Foods. Under the agreement, LT Foods will pay '6 million at closing for 100% equity shareholding, with the remaining '1.8 million payable over the next 2 years through earn-out mechanism besides taking over the borrowings. The transaction includes the acquisition of Global Green International (UK) Limited and Greenhouse Agr'r Kft., which serve as support and distribution entities. The deal is subject to FDI approval in Hungary. The Hungarian operations of Global Green were established in 2006 following the acquisition of the erstwhile Intergarden N.V. and today serve more than 30 countries across Europe. The company is a key player in the production of Sweet Corn in Cans, and Gherkins, Silver Skin Onions, Peas and Sour Cherries in Jars, with 2 manufacturing sites spread across 45 acres of land in Hungary. With an annual turnover of '40 million and a workforce of over 170 employee Global Green Europe Kft. enables LT Foods to consolidate its strong position in the European market. This category is estimated at '15 billion across Europe. This acquisition provides LT Foods with a strategic opportunity to diversify into this large addressable market. This business is the stepping-stone for LT Foods for high value processed canned food in the world. The business model of Global Green Europe Kft. provides synergy with LT Foods' existing business in Europe, offering the potential for cross selling and efficiencies across the value chain.Powered by Capital Market - Live

L T Foods has expanded its Meal Kit portfolio, with the launch of DAAWAT' Thai Green Curry Rice Kit, a strategic move focussing on building a stronger Ready-To Cook (RTC) and Ready-To-Eat (RTE) portfolio. This launch is in line with LT Foods' continued commitment to strengthening its presence in the fast-growing Ready-to-Cook (RTC) segment. Introduction of DAAWAT' Thai Green Curry Kit follows the strong performance of the DAAWAT' Biryani Kit, which has crossed 1 million units of annual consumption since its debut. The DAAWAT' Thai Green Curry Rice Kit comprises the finest quality Jasmine Rice sourced from Thailand, a pre mixed blend of Coconut Milk, quality ingredients and spices to curate authentic Green Curry paste by a panel of culinary experts, added with whole spices to add the right balance of fresh aroma and f lavour. DAAWAT' Thai Green Curry Rice Kit contains no artificial colours or preservatives. The DAAWAT' Thai Green Curry Rice Kit is available across all leading E-Commerce and Quick Commerce platforms. Powered by Capital Market - Live

L T Foods announced that CRISIL has assigned the following credit ratings: Total bank facilities rated - Rs 880 crore Long term rating - Crisil AA-/Positive (Outlook revised from 'Stable'; Rating Reaffirmed) Short term rating - Crisil A1+ (Reaffirmed)Powered by Capital Market - Live

Net profit of L T Foods rose 10.01% to Rs 168.50 crore in the quarter ended June 2025 as against Rs 153.17 crore during the previous quarter ended June 2024. Sales rose 19.00% to Rs 2463.92 crore in the quarter ended June 2025 as against Rs 2070.51 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales2463.922070.51 19 OPM %10.7711.63 - PBDT280.65250.21 12 PBT228.30208.25 10 NP168.50153.17 10 Powered by Capital Market - Live

LT Foods announced that the 35th Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

LT Foods announced that the Board of Directors of the Company at its meeting held on 24 July 2025, inter alia, have recommended the First Interim dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live