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LT Foods reports 85% rise in Q1 consolidated net profit

31 Jul 2020 Evaluate

LT Foods has reported results for first quarter ended June 30, 2020.

The company has reported 25.74% rise in its net profit of Rs 26.43 crore for the quarter under review as against Rs 21.02 crore for the same quarter in the previous year. Total income of the company increased 6.25% at Rs 642.26 crore for Q1FY21 as compared Rs 604.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 84.59% rise in its net profit attributable to Rs 78.84 crore for the quarter under review as against Rs 42.71 crore for the same quarter in the previous year. Total income of the company increased by 23.89% at Rs 1220.72 crore for Q1FY21 as compared Rs 985.32 crore for the corresponding quarter previous year.

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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