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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 ...

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.

Motilal Oswal initiates coverage on LT Foods with a 'buy' rating and a target price of Rs 520, implying a 31% upside. They cite the company's strong international presence, dominance in the US market, ...

Motilal Oswal is bullish on LT Foods recommended buy rating on the stock with a target price of Rs 520 in its research report ...

Representative image 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 ...