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LT Foods reports 37% fall in Q4 consolidated net profit

LT Foods has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 17.03% in its net profit at Rs 9.55 crore for the quarter under review as compared to Rs 8.16 crore for the same quarter in the previous year. However, total income of the company decreased by 5.71% at Rs 578.74 crore for Q4FY19 as compared Rs 613.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 36.82% in its net profit at Rs 21.84 crore for the quarter under review as compared to Rs 34.57 crore for the same quarter in the previous year. Total income of the company decreased by 5.60% at Rs 1,017.57 crore for Q4FY19 as compared Rs 1,077.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 29.86% in its net profit at Rs 54.49 crore as compared to Rs 41.96 crore for the previous year. Total income of the company increased by 2.48% at Rs 2,210.09 crore for year under review as compared to Rs 2,156.66 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 4.81% in its net profit at Rs 137.47 crore as compared to Rs 144.42 crore for the previous year. However, total income of the company increased by 7.25% at Rs 3,914.53 crore for year under review as compared to Rs 3,649.90 crore for year ended March 31, 2018.

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