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LT Foods Q4 net up 2.38% - The Hindu BusinessLine


LT Foods Q4 net up 2.38%
May 26, 2021
Ashwani Arora, CEO & MD, LT Foods×
Optimistic on the outlook of overall business
Food processing company LT Foods Ltd on Wednesday reported a consolidated net profit of ₹59.73 crore in the quarter ended March 31, 2021, up 2.38 per cent compared to ₹58.34 crore in the corresponding quarter of the previous fiscal. Consolidated total revenues stood ₹1,146.52 crore, down 5.8 per cent compared to ₹1,218.12 crore in the corresponding quarter in the previous fiscal.
For the FY21, the company reported a consolidated net profit of ₹289 crore, up 45 per cent compared to the previous fiscal. Consolidated total revenues grew by 12.3 per cent to ₹4,686 crore. ....

Ashwani Arora , Foods Ltd On , Daawat Cuppa Rice , Daawat Saut , Japanese Rice Snacks , Royal Ready , அஷ்வானி அரோரா , உணவுகள் லிமிடெட் ஆன் , டாவாட் கப்பா அரிசி , டாவாட் சொட் , அரச ரெடீ ,

LT Foods Q4 net profit rises 2% to Rs 60 cr; stock falls 10%


Leading basmati rice firm LT Foods Ltd on Wednesday reported a 2.38 per cent increase in consolidated net profit to Rs 59.73 crore for the fourth quarter of 2020-21.
The company had posted a net profit of Rs 58.34 crore in the same quarter previous fiscal, it said in a regulatory filing.
Net income declined on a consolidated basis to Rs 1,146.52 crore in the fourth quarter from Rs 1,218.12 crore in the year-ago period.
Expenses were lower at Rs 1,058.12 crore as against 1,132.89 crore a year ago.
For the full 2020-21, the company reported a 45 per cent rise in its consolidated net profit to Rs 289.07 crore, compared to Rs 199.30 crore in the preceding fiscal. ....

United Kingdom , Indus Valley , India General , Ashwani Arora , Ashok Kumar Arora , Foods Ltd On , Managing Director , Middle East , Gold Seal Indus Valley , ஒன்றுபட்டது கிஂக்டம் , இஂடஸ் பள்ளத்தாக்கு , இந்தியா ஜநரல் , அஷ்வானி அரோரா , அசோக் குமார் அரோரா , உணவுகள் லிமிடெட் ஆன் , நிர்வகித்தல் இயக்குனர் , நடுத்தர கிழக்கு , தங்கம் முத்திரை இஂடஸ் பள்ளத்தாக்கு ,

Delhi lockdown triggers another panic buying


Delhi lockdown triggers another panic buying
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Grocery products makers said packs were flying off shelves in the capital, similar to what happened before the lockdown was imposed in Maharashtra earlier this month, and there were serpentine queues in front of liquor shops at various high streets and standalone small outlets.
ANI
People in Delhi on Monday thronged shops to stock up everything from liquor to packaged foods such as biscuits, noodles, packaged rice and edible oils, to hygiene and sanitising products ahead of a week-long lockdown from 10 pm.
Grocery products makers said packs were flying off shelves in the capital, similar to what happened before the lockdown was imposed in Maharashtra earlier this month, and there were serpentine queues in front of liquor shops at various high streets and standalone small outlets. ....

Ashwani Arora , Mohit Malhotra , Mayank Shah , Vinod Giri , Confederation Of Indian Alcoholic Beverage Companies , Indian Alcoholic Beverage Companies , Sandeep Sule , Delhi Lockdown , Parle Products , Panic Buying , Delhi Liquor Shops , Arvind Kejriwal , அஷ்வானி அரோரா , மோஹித் மல்ஹோத்ரா , மயங்க் ஷா , வினோத் கிரி , கூட்டமைப்பு ஆஃப் இந்தியன் ஆல்கஹால் பானம் நிறுவனங்கள் , இந்தியன் ஆல்கஹால் பானம் நிறுவனங்கள் , சந்தீப் சூளே , டெல்ஹி முடக்குதல் , பாரிலே ப்ராடக்ட்ஸ் , பீதி வாங்குதல் , டெல்ஹி மதுபானம் கடைகள் , அரவிந்த் கேஜ்றிவாள் ,

Packaged food sales witness uptick as in-home consumption gains momentum during the second pandemic wave


Packaged food sales witness uptick as in-home consumption gains momentum during the second pandemic wave
April 13, 2021
×
Categories such as staples, salted snacks, frozen products, breakfast cereals have witnessed an uptrend in sales in recent days
With the second wave of the pandemic hitting the country, packaged food companies have witnessed an uptick in demand for their products at retail stores as well as e-commerce channels as in-home consumption has regained momentum. Categories such as staples, salted snacks, frozen products, breakfast cereals, ready-to-eat products and biscuits among others have witnessed an uptrend in sales in recent days.
Arvind Mediratta, MD & CEO at METRO Cash & Carry India, said that the trend of home consumption continues and in the last fortnight itself, the company has witnessed a 3 per cent rise in the overall processed food segment. ....

Ashwani Arora , Arvind Mediratta , Mayank Shah , Navin Tewari , Akshay Dsouza , Carry India , Senior Category Head , Parle Products , Chief Marketing Officer , Home Care , Capital Foods , Packaged Food , அஷ்வானி அரோரா , அரவிந்த் மேதிறத்த , மயங்க் ஷா , நவீன் திவாரி , அக்‌ஷய் ட்சொஜா , எடுத்துச் செல்லுங்கள் இந்தியா , மூத்தவர் வகை தலை , பாரிலே ப்ராடக்ட்ஸ் , தலைமை சந்தைப்படுத்தல் அதிகாரி , வீடு பராமரிப்பு , மூலதனம் உணவுகள் , ப்யாகேஜ்ட் உணவு , சர்வதேச பரவல் ,

LT Foods to scale up organics range; to leverage mega health trends that have emerged in the pandemic


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LT Foods to scale up organics range; to leverage mega health trends that have emerged in the pandemic
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LT Foods to scale up organics range; to leverage mega health trends that have emerged in the pandemicBy
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“India is moving towards mega trends of fitness with consumers embracing healthy lifestyle and mindful eating. Consumers are now concerned with the origin of their food and how it impacts their health,” LT Foods managing director Ashwani Arora said.
Agencies
Last financial year, LT Foods’ organic business revenue stood at Rs 367 crore, contributing 9% to the company’s overall revenue. ....

Ashwani Arora , Monika Jaggia , அஷ்வானி அரோரா ,