L T Foods Ltd News
LT Foods slips 7%, hits 6-month low; why is the basmati rice stock falling?
As per reports, US President, Donald Trump is expected to levy tariffs on rice imported from India
 "LT Foods slips 7%, hits 6-month low; why is the basmati rice stock falling?")
LT Foods Q2 results: Profit up 9% to ₹163.85 crore, revenue jumps 30%
FMCG firm LT Foods has reported a consolidated net profit of Rs 163.85 crore in the second quarter ended September, up nearly 9 per cent on a year-on-year basis, driven by higher revenue. The company had reported a net profit of Rs 150.61 crore in the corresponding quarter a year ago, a regulatory filing on Thursday showed. During the quarter under review, LT Foods' total income rose to Rs 2,772.48 crore, from Rs 2,134.04 crore in the previous financial year. Its total expenses, however, also increased to Rs 2,544.19 crore, from Rs 1,942.92 crore, the filing showed. Ashwani Arora, Managing Director & CEO, LT Foods, said, "As we look ahead in FY26, our priority is to build a stronger, future-ready LT Foods -- one that deepens brand equity, accelerates market expansion, invests in digital transformation, and evolves through strategic partnerships. We remain steadfast in delivering products that embody trust, quality, and value for our consumers across the globe.
 "LT Foods Q2 results: Profit up 9% to ₹163.85 crore, revenue jumps 30%")
LT Foods to acquire Hungary's Global Green Europe for €25 million deal
Home-grown FMCG firm LT Foods on Tuesday said it has agreed to acquire a 100 per cent stake in Hungary-based Global Green Europe Kft for approximately 25 million euros (about Rs 256 crore) to expand its presence in the European packaged food market. LT Foods owns basmati rice brands -- Daawat and Royal. It will pay 6 million euros upfront for the equity stake, with 1.8 million euros payable over two years through an earn-out mechanism, the company said in a regulatory filing. It will also assume the target's debt. The transaction includes the acquisition of Global Green International (UK) Limited and Greenhouse Agrar Kft, which serve as support and distribution entities. The deal, subject to foreign direct investment approval in Hungary, will be executed through LT Foods Europe Holdings Ltd, a wholly-owned subsidiary. The transaction, which will be executed through LT Foods Europe Holdings, a wholly-owned step-down subsidiary of Delhi-based firm, is in line with the long-term stra
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HDFC Bank, Delhivery; why Motilal Oswal is bullish on these 6 stocks?
Stocks to buy: Motilal Oswal's research desk recommends HDFC Bank, Delhivery, Tata Consumer Products and others; check full list here
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