FNB News - LT Foods posts strong double-digit growth in 9 months FY’26

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FOOD PROCESSING

LT Foods posts strong double-digit growth in 9 months FY’26

Friday, 30 January, 2026, 12 : 00 PM [IST]

Our Bureau, New Delhi

LT Foods, a global FMCG company in the consumer food space, reported a resilient performance for the nine months ended December 31, 2025 (9M FY’26), delivering strong double-digit growth across key financial metrics despite a challenging global environment.

For the nine-month period, the company’s consolidated revenue increased 24 per cent year-on-year to Rs 8,085 crore, while EBITDA rose 20 per cent to Rs 936 crore. Profit after tax stood at Rs 490 crore, up 9 per cent YoY, reflecting disciplined execution, sustained brand investments and expanding global demand for its differentiated food offerings.

Commenting on the performance, Ashwani Arora, managing director & CEO, LT Foods, said the company’s robust business model and consumer-centric approach enabled it to deliver healthy growth across geographies. He added that continued focus on quality, brand equity and digital-first strategies has reinforced the organisation’s agility and resilience.

The Basmati and other specialty rice business remained the primary growth driver, recording 26 per cent YoY growth during 9M FY’26 (normalised growth of 12 per cent excluding the impact of US tariffs and Golden Star). The Organic Foods & Ingredients segment also reported healthy growth of 15 per cent YoY, supported by rising global demand for clean-label and sustainable food products.

In India, LT Foods’ flagship brand Daawat expanded its household penetration to 58.11 lakh households, as per the Kantar Household Panel (MAT Sep’25), while maintaining leadership across major e-commerce and quick-commerce platforms. During the period, the company strengthened its premium portfolio with the launch of “Daawat I’m Organic” and introduced Daawat Saffron Basmati, a limited-edition super-premium offering.

International markets continued to perform well, with the US business reporting 50 per cent YoY growth (normalised at 12 per cent), while Europe delivered 35 per cent YoY growth, driven by increased market penetration and demand for value-added offerings.

LT Foods acknowledged near-term pressure from tariff-related developments in the US but said it remains focused on building a future-ready organisation through brand-led growth, digital investments and strategic partnerships.