Agricultural Products company LT Foods announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Revenue stood at Rs 2,134, crore; up 7% YoY Gross Profit stood at Rs 727 crore; up 18% YoY. EBITDA stood at Rs 256 crore; up 0.4% YoY. Profit After Tax stood at Rs 151 crore; down 4% YoY. Cash Profit stood at Rs 195 crore; up 1% YoY. H1FY25 Financial Highlights: Total Revenue stood at Rs 4,222 crore; up 12% YoY. Gross Profit stood at Rs 1,427 crore; up 17% YoY. EBITDA stood at Rs 514 crore; up 7% YoY. Profit After Tax stood at Rs 306 crore; up 4% YoY. Cash Profit stood at Rs 393 crore; up 7% YoY. Ashwani Arora, Managing Director & CEO, LT Foods, said: “Despite a disrupting external environment, especially the Red Sea crisis, we remained resilient and delivered sustained growth this quarter. Revenue grew by 7% year-over-year, driven by accelerated brand investments and the expansion of our distribution network, particularly in the Basmati & Specialty Rice segment. This growth was further supported by strong performance in our Organic Food & Ingredients and Readyto-Eat (RTE) and Ready-to-Cook (RTC) segments. The Basmati & Specialty Rice segment achieved impressive 9% YoY growth, while the Organic Food & Ingredients segment registered strong demand, growing by 41%. The RTE and RTC segment also performed well, with 8% YoY growth, highlighting our commitment to scaling these segments and positioning them as key drivers of future expansion. Our premiumization strategy has been instrumental in further strengthening our brand’s reputation for delivering quality and innovation. We recently launched DAAWAT Jasmine Thai Rice (Thai Hom Mali), making us as the first Indian-origin global FMCG company to introduce international rice varieties to India. This is part of our ongoing effort to diversify and stay aligned with evolving consumer preferences. Our leadership in the E-Commerce space is evident, with over 40% market share across 5 out of 6 E-Commerce platforms. In North America, our flagship brand Royal now commands a 55% market share, while our brand 'Golden Star' has become #1 Jasmine rice brand in the North America. In Northern Europe, our market share stands at 30%. In the Middle East, our market share has increased to 9.8%, gaining 320 BPS. We have also entered the Saudi Arabia market by appointing a distributor. In the Far East, our brand DAAWAT witnessed ever highest sales in Australia, New Zealand and Indonesia. While in Australia the sales grew by 32%, we witnessed growth of 22% in New Zealand and 71% in Indonesia. Separately, we continued to strengthen our Sales & Distribution infrastructure with digitisation driving various process encompassing paddy procurement, automation and financial management services. Going ahead, we will continue to execute our strategic priorities of transforming our portfolio while generating healthy EBITDA Margin and Cash Flow, thereby providing attractive returns to the shareholders” Result PDF