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 ...

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, ...