LT Foods Q2 FY27 Results: Consolidated Net Profit ₹180 Crore on Total Income of ₹3,253 Crore
Earnings
Rice
Blacklitt Research3 min read
Balon Greyjoy, via Wikimedia Commons (Public domain). Illustrative image.
LT Foods (NSE: LTFOODS) reported consolidated total income of ₹3,252.51 crore and net profit of ₹180.20 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹1,241.04 crore and net profit of ₹64.02 crore, the company said in a filing on 27 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹3,252.51 crore, up 17.3% YoY and 2.9% QoQ
Net profit and EPS: ₹180.20 crore, up 10.0% YoY and down 1.8% QoQ; basic EPS ₹5.19
Finance costs: ₹34.38 crore, up 22.7% YoY and down 14.6% QoQ
Standalone
The company on its own, without its subsidiaries
Total income: ₹1,241.04 crore, up 17.4% YoY and 5.5% QoQ
Net profit and EPS: ₹64.02 crore, down 10.2% YoY and 8.7% QoQ; basic EPS ₹1.84
Other income: ₹29.69 crore, down 26.4% YoY, up from ₹4.02 crore QoQ
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
3,252.51
2,772.48
+17.3%
3,161.29
+2.9%
Revenue from operations
3,234.14
2,765.74
+16.9%
3,151.83
+2.6%
Other income
18.36
6.75
+172.1%
9.46
+94.1%
180.20
163.85
+10.0%
183.45
-1.8%
Profit before tax
247.26
229.12
+7.9%
249.90
-1.1%
Finance costs
34.38
28.03
+22.7%
40.28
-14.6%
Depreciation
76.88
59.88
+28.4%
74.06
+3.8%
Tax expense
67.06
65.27
+2.8%
66.45
+0.9%
Net profit margin
5.54%
5.91%
-0.37 pp
5.80%
-0.26 pp
EPS, basic (₹)
5.19
4.72
+10.0%
5.28
-1.7%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated total income rose 17.3% YoY to ₹3,252.51 crore, and revenue from operations rose 16.9%. Net profit rose more slowly, by 10.0%, to ₹180.20 crore, and profit before tax rose 7.9%. Net profit margin fell from 5.91% to 5.54% over the year.
Finance costs rose 22.7% YoY to ₹34.38 crore and depreciation rose 28.4% to ₹76.88 crore. Finance costs are 1.1% of total income this quarter. The notes do not give a reason for the rise in finance costs.
Other income of ₹18.36 crore is 0.6% of total income and 7.4% of profit before tax of ₹247.26 crore. Tax expense of ₹67.06 crore is 27.1% of profit before tax.
Note 3 relates to an insurance claim recoverable of ₹134.11 crore from a 2014-15 fire loss at Daawat Foods Limited. The auditor draws attention to the note and does not modify its conclusion. The Daawat Foods insurer's appeal is pending before the Madhya Pradesh High Court.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,241.04
1,057.09
+17.4%
1,176.11
+5.5%
Revenue from operations
1,211.35
1,016.78
+19.1%
1,172.08
+3.4%
Other income
29.69
40.32
-26.4%
4.02
+637.7%
64.02
71.25
-10.2%
70.16
-8.7%
Profit before tax
78.76
84.90
-7.2%
94.40
-16.6%
Finance costs
10.17
4.63
+119.5%
11.06
-8.1%
Depreciation
14.46
11.29
+28.1%
14.24
+1.6%
Tax expense
14.73
13.64
+8.0%
24.25
-39.2%
Net profit margin
5.16%
6.74%
-1.58 pp
5.97%
-0.81 pp
EPS, basic (₹)
1.84
2.05
-10.2%
2.02
-8.9%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 17.4% YoY to ₹1,241.04 crore, but net profit fell 10.2% to ₹64.02 crore. Revenue from operations rose 19.1%, while other income fell 26.4% to ₹29.69 crore. Profit before tax fell 7.2% to ₹78.76 crore, and net profit fell by more than that.
Tax expense rose 8.0% YoY to ₹14.73 crore, which is 18.7% of profit before tax. Standalone finance costs of ₹10.17 crore rose from ₹4.63 crore a year earlier and are 0.8% of total income this quarter.
Standalone other income of ₹29.69 crore is 37.7% of profit before tax, a larger share than in the consolidated figures. The standalone and consolidated net profit gap is ₹116.18 crore.
Inference
The filing gives a half-year dividend payment in the cash flow statements of ₹38.43 crore, and standalone dividend income of ₹32.99 crore. It does not state a dividend declared or proposed for the quarter.
The filing says the Group acquired an additional 40.75% stake in Leev.nu B.V. on 29 Sep 2026 for a cash consideration of Euro 7.07 lakhs (₹7.72 crore), and that the purchase price allocation is provisional. The filing does not give the fair value of Leev's assets and liabilities.
Customs duty refunds received by LT Foods Americas Inc. were partly passed on to customers, and the amount is not quantified. The filing does not give the amount payable to the other customers, and the final US duties on Ecopure exports are not known.
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