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LT Foods reports stellar Q1 numbers

14 Aug 2012 Evaluate

LT Foods has reported results for first quarter ended June 30, 2012.

The company has reported a rise of 124.78% in its net profit at Rs 7.53 crore for the quarter under review as compared to a net profit of Rs 3.35 crore for the same quarter in the previous year. The total income from operation of the company has increased by 138.79% at Rs 471.21 crore for Q1FY13 as compared Rs 197.33 crore for the corresponding quarter previous year.

LT Foods, formerly known as LT Overseas, is the leading processor and exporter of packaged rice under the flagship brand ‘Daawat’.

Peers
Company Name CMP
Nestle India 1353.10
Varun Beverages 421.80
Britannia Industries 5016.00
LT Foods 422.75
Hatsun Agro Product 1139.40
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