LT Foods shines on reporting 30% rise in Q3 consolidated net profit
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LT Foods is currently trading at Rs. 117.60, up by 2.55 points or 2.22% from its previous closing of Rs. 115.05 on the BSE.
The scrip opened at Rs. 115.05 and has touched a high and low of Rs. 117.65 and Rs. 115.05 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 135.85 on 28-Oct-2022 and a 52 week low of Rs. 58.75 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 117.65 and Rs. 109.10 respectively. The current market cap of the company is Rs. 3679.81 crore.
The promoters holding in the company stood at 56.81%, while Institutions and Non-Institutions held 8.61% and 34.57% respectively.
LT Foods has reported a rise of 58.09% in its net profit at Rs 31.95 crore for the quarter under review as compared to Rs 20.21 crore for the same quarter in the previous year. Total income of the company increased 23.07% at Rs 888.29 crore for Q3FY23 as compared to Rs 721.76 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 30.48% in its net profit at Rs 100.38 crore for the quarter under review as compared to Rs 76.93 crore for the same quarter in the previous year. Total income of the company increased 30.93% at Rs 1791.87 crore for Q3FY23 as compared to Rs 1368.58 crore for the corresponding quarter previous year.
