LT Foods H1 FY27 Revenue Rises 22% to ₹6,414 Crore

LT Foods Ltd reported consolidated revenue of ₹6,414 crore for the first half of FY27, up 22% year on year, supported by growth across Basmati rice, specialty rice, organic foods and ready-to-heat and ready-to-cook categories. The company also reported that India revenue rose 24% year on year during the half year. Its market share in India increased to 22.3% in September 2026. The results cover the six months ended September 30, 2026. The board approved the unaudited standalone and consolidated results on October 27, 2026. The company has scheduled an investor conference call for October 28 to discuss the quarterly and half-year performance.

Q2 revenue crosses ₹3,250 crore

For the September quarter, LT Foods reported consolidated revenue of about ₹3,250 crore. The company’s press release cited Q2 revenue of ₹3,253 crore, while the board-meeting outcome cited consolidated revenue of ₹3,250.5 crore. Both disclosures indicate revenue growth of about 17% year on year. Other reported market information placed Q2 revenue at ₹3,234 crore, but the company’s October 27 disclosures provide the latest figures from the results process. The quarterly performance followed Q1 FY27 revenue growth, which had been supported by the core Basmati business. The first-half revenue figure of ₹6,414 crore reflects the combined contribution of the two quarters.

Profit rises at a slower pace than sales

Consolidated profit after tax for Q2 FY27 stood at ₹180.20 crore, up 10% year on year. First-half consolidated profit after tax was ₹363.64 crore. The Q2 figure was close to the ₹183 crore net profit reported for Q1 FY27. Revenue therefore grew faster than profit in the September quarter. The available disclosures show that the company continued to expand sales while facing some pressure on operating profitability. No dividend announcement was included in the information provided.

EBITDA grows while margin narrows

LT Foods reported H1 FY27 EBITDA of ₹721 crore, an increase of 17% year on year. Q2 EBITDA was ₹358 crore, also up 13% year on year. The reported Q2 EBITDA margin narrowed to about 11% from 11.4% in the corresponding quarter of the prior year. Another reported figure placed the quarter’s margin at 10.4%, but the company’s results commentary described an 11% margin. The difference between revenue and EBITDA growth explains why profit growth trailed the increase in sales. Earlier Q1 commentary had also indicated some margin compression linked to restructuring in the organic business.

India business gains market share

India remained an important source of growth during the first half. The company said India revenue increased 24% year on year, ahead of the 22% growth in consolidated H1 revenue. LT Foods also reported an India market share of 22.3% in September 2026. Separate segment information indicated that India accounted for 29% of revenue. The company attributed growth to demand across its specialty rice and consumer-food brands. Its Basmati rice, specialty rice, organic foods and ready-to-heat and ready-to-cook portfolio were identified as the key operating categories behind the half-year performance.

Leev joins the group during the quarter

Leev became a subsidiary of LT Foods during the reporting period. The company’s October 27 announcement also referred to the acquisition of a stake in Leev.nu B.V. The supplied information does not provide the transaction value, ownership percentage, closing date or financial contribution from the acquired business. As a result, the available disclosures do not establish the extent to which Leev affected Q2 revenue or profit. Management’s investor call may provide further information on consolidation, business plans and any financial effect from the subsidiary’s inclusion.

Key FY27 financial indicators

Board approval and investor interaction

LT Foods had announced on October 16 that its board would consider the Q2 and H1 FY27 financial statements on October 27. The board also considered the auditors’ limited review report for the unaudited financial statements. The results were followed by a planned investor conference call at 4:00 PM IST on October 28, 2026. Senior management, including the managing director, chief financial officer and company secretary, were scheduled to participate. The call is intended to cover Q2 and H1 performance. It is also the next scheduled forum for management to address segment trends, margins and the addition of Leev.

What the results mean for investors

The results show continued top-line growth for LT Foods, with consolidated H1 revenue rising 22% and India sales growing at a faster 24%. The higher market-share figure indicates progress in the domestic consumer business as of September 2026. At the same time, Q2 EBITDA margin was lower than a year earlier, which limited the pace of profit growth. Q2 PAT increased 10%, compared with revenue growth of about 17%. Management has expressed confidence in its brand strength and global footprint for the second half of FY27, with an aim of sustainable profitable growth. Investors will look to the October 28 call for additional details on profitability, category performance and Leev’s consolidation into the group.