LT Meals Ltd. reported on Thursday a 6.83% rise in consolidated web revenue within the March quarter of fiscal 2025, reaching Rs 160.5 crore, pushed by improved margins and expanded distribution.
A 12 months in the past, the corporate had posted a web revenue of Rs 150.24 crore for a similar interval, as per its regulatory submitting. LT Meals, which owns basmati rice manufacturers Daawat and Royal, additionally recorded income from operations at Rs 2,228.36 crore within the March quarter, up from Rs 2,074.81 crore the earlier 12 months.
Whole bills elevated by 7.9% year-on-year, reaching Rs 2,048.91 crore. In the meantime, complete revenue, together with different income, rose by 8.02% to Rs 2,259.63 crore in comparison with the earlier interval.
For fiscal 2025, LT Meals’ web revenue grew by 2.37% to Rs 611.80 crore from Rs 597.59 crore a 12 months earlier. Whole revenue surpassed the billion-dollar mark, standing at Rs 8,769.93 crore.
The corporate’s basmati and specialty rice phase noticed 10% year-on-year progress, attributed to elevated funding in branding and advertising, in line with its earnings assertion.
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