LT Foods reports strong H1 FY26 growth, strategic acquisition

LT Foods experienced a significant financial uplift in H1 FY26, with revenue growing by 25% to INR 5,273 crores and gross profit increasing by 27% to INR 1,815 crores. PAT also saw a 9% rise, reaching INR 332 crores. The Basmati & Other Specialty Rice segment, which constitutes 87% of revenue, grew by 24% to INR 4,488 crores. Organic Foods & Ingredients revenue grew by 26% to INR 583 crores. The company's market capitalization stands at INR 14,085 crores as of September 30, 2025, reflecting a 5-year Revenue CAGR of 16% and PAT CAGR of 21%.

The company is strategically expanding its portfolio and global footprint, highlighted by the acquisition of Global Green, which adds an established €40 million revenue base and strengthens its presence in Central & Southern Europe with a third manufacturing hub in Hungary. This acquisition supports entry into the €15 billion European processed canned food market. Additionally, LT Foods continues to implement digital transformations and ESG initiatives.

The crop update indicates a stable production outlook for 2025, with an estimated output of 18.04 million tonnes, up 1-1.5% from 2024, ensuring balanced supply and largely stable year-on-year prices. The final determination for the Countervailing Duty (CVD) concerning Ecopure Specialities Limited is now expected by November 17, 2025.