Daawat brand basmati rice producer LT Foods Ltd posted a net profit of Rs 14.4 crore for the second quarter ended September 30, 2012 compared to a net loss of Rs 24 crore in the corresponding quarter previous year. Net sales of the company shot up by 88% to Rs 434.5 crore for Q2, 2013 versus Rs 231 crore in the same period previous year.

><table width='100%' border=0 cellspacing=0><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 18px; FONT-WEIGHT: bold; COLOR: #0253B7;'>Better realization turns LT Foods profitable in Q2</td></tr><tr><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 11px; '>The company

Better realization turns LT Foods profitable in Q2

The companys EBIDTA for the quarter stood at Rs 47.3 crore in Q2 FY 2013 as against Rs 24.3 crore in Q2FY12

Also Read

Better realisation turns LT Foods profitable in Q2

'We expect to be profitable this fiscal too': IndiGo

Sunset for profitable drug window in US

Go easy on spending this festive season

ICRA sees a profitable season for UP sugar industry

Explore News