The company, which makes 'Daawat' and 'Royal' basmati rice, said consolidated net profit dropped 4.9% to 1.48 billion rupees ($17.6 million) in the July-September quarter from a year earlier.

LT Foods, owner of Daawat and Royal basmati rice brands, reported a 4.22% drop in Q2 profit due to higher costs despite revenue growth. The company cited global shipping disruptions and the Red Sea ...

LT Foods, owner of basmati rice brands Daawat and Royal, on Thursday reported a 4.22 per cent drop in net profit for the September 2024 quarter as higher expenses offset revenue growth amid global ...