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LT Foods crosses $1 bn milestone in FY’25, revenue surges 12% YoY
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Monday, 19 May, 2025, 15 : 00 PM [IST]
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Our Bureau, New Delhi
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LT Foods, an Indian-origin global FMCG company in the consumer food space, reported its audited consolidated financial results for the fourth quarter and 12 months ended March 31, 2025.
Ashwani Arora, managing director & CEO, LT Foods, said, “FY’25 has been a landmark year for LT Foods, as we crossed the $1 billion revenue milestone—a strong reflection of our resilient business model, portfolio of most loved global food brands and deep consumer commitment. Our resilient business model, unwavering focus on quality, and deep understanding of evolving consumer needs have helped us deliver a strong 12% year-on-year revenue growth.”
“Our Basmati and Other Speciality Rice segment grew by 10% YoY, reinforcing our position as the preferred brand for premium Basmati. Our Organic Food and Ingredients business recorded a 29% growth, reflecting the rising demand for health-forward and sustainable food options. The Ready-to-Heat (RTH) and Ready-to-Cook (RTC) witnessed normalised growth of 21%. Our international business delivered a strong performance, with all key markets contributing to growth. What’s particularly encouraging is the significant margin expansion we achieved, fully aligned with the guidance we shared earlier, and reflective of our operational discipline and strong brand equity globally,” added Arora.
“In India, we continued to invest in strengthening a future-ready Sales & Distribution Network and successfully completed the rollout of our next-generation Go-to-Market platform. Growth was further accelerated by emerging channels like E-Commerce, Q-Commerce and Modern Trade, which are increasingly becoming key touchpoints for our consumers. Innovation remained at the heart of our growth strategy. We launched a few new products during the year, across categories that meet rising consumer demand for Health & Wellness, Convenience, and Premiumisation. This includes DAAWAT Jasmine Thai Rice, a global gourmet food. We also continue to build and expand roasted gluten free snack range under brand ‘Kari Kari’ with launch of new product ‘Krispy Hopu’ with happy flavour Sweet and Salty,” said Arora.
“Going ahead, we stay committed to authenticity, convenience, and bringing wholesome goodness from farm to table. We are also accelerating our digital transformation across the value chain to enhance agility, transparency, and consumer engagement, while deepening and strengthening our Environment, Social and Governance (ESG) commitments to ensure sustainable and responsible growth,” concluded Arora.
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