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.

LT Foods has transformed Indian rice from a loose commodity to a branded product with notable brands like Daawat and Royal, ...

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

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 ...