LTFOODS · Fast Moving Consumer Goods
LT Foods Ltd. reported revenue of ₹3,234 cr for July to September 2026, +16.9% on the year and +2.6% on the quarter. That is in line with how this quarter has grown in recent years (+18.9% on average). It is the highest quarterly revenue in the last 12 quarters on record. Over the last four quarters revenue comes to ₹12,102 cr, +24.3% on the four before.
Operating profit (EBITDA) was ₹339 cr, a margin of 10.5%, −69 bps on the year and −75 bps on the quarter. Over the last 8 quarters the margin has ranged from 9.2% to 11.6%, averaging 10.8%. Operating costs grew +17.8%, faster than revenue at +16.9%, so operating profit grew less than sales.
Net profit was ₹180 cr, +9.8% on the year and −1.6% on the quarter, with earnings per share of ₹5.19. Profit before other income, one-offs and tax grew 3.2%, so 7 points of the headline growth came from outside the core business. The tax rate of 27% is in line with its recent average. Profit over the last four quarters totals ₹656 cr, +2.8% on the four before.
Of the 6 companies in Fast Moving Consumer Goods that have reported Q2 FY27 so far, LT Foods Ltd. ranks 2nd on revenue growth; the sector median is +16.0%. Its margin moved −69 bps on the year against a sector median of −52 bps.
On earnings per share of ₹18.91 over the last four quarters, the stock at ₹417.05 trades at 22.1 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,942 cr | ₹2,075 cr | ₹2,071 cr | ₹2,108 cr | ₹2,275 cr | ₹2,228 cr | ₹2,464 cr | ₹2,766 cr | ₹2,809 cr | ₹2,907 cr | ₹3,152 cr | ₹3,234 cr |
| YoY | — | — | +16% | +7% | +17% | +7% | +19% | +31% | +23% | +30% | +28% | +17% |
| EBITDA margin | 12.3% | 11.8% | 11.6% | 10.9% | 11.0% | 11.6% | 10.8% | 11.2% | 11.2% | 9.2% | 11.2% | 10.5% |
| Other income, % of PBT | 10% | 14% | 13% | 18% | 9% | 17% | 19% | 3% | 2% | 16% | 4% | 8% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 27% | 25% | 25% | 27% | 26% | 26% | 28% | 29% | 28% | 27% | 27% |
| Net profit | ₹153 cr | ₹150 cr | ₹155 cr | ₹151 cr | ₹145 cr | ₹161 cr | ₹168 cr | ₹164 cr | ₹157 cr | ₹136 cr | ₹183 cr | ₹180 cr |
| YoY | — | — | +13% | −4% | −5% | +7% | +8% | +9% | +8% | −16% | +9% | +10% |
| Core profit YoY | — | — | +15% | −11% | −2% | +2% | +3% | +34% | +19% | −12% | +30% | +3% |
| EPS | ₹4.35 | ₹4.28 | ₹4.41 | ₹4.27 | ₹4.13 | ₹4.62 | ₹4.85 | ₹4.72 | ₹4.53 | ₹3.91 | ₹5.28 | ₹5.19 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
LT Foods Ltd. reported revenue of ₹3,234 cr (+16.9% on the year) and net profit of ₹180 cr (+9.8% on the year) for July to September 2026.
Profit before other income, exceptional items and tax moved +3.2% on the year, against +9.8% for reported profit.
None of the 8 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.