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LT Foods Q3 net profit up 16 pc at Rs 38 cr

Leading rice firm LT Foods has posted 16.28 percent jump in its consolidated net profit at Rs 38.55 crore in the third quarter of this fiscal on strong sales.According to a PTI report: Net profit stood at Rs 33.15...

LT Foods to invest US $20 mn for branding, expansion in Europe

Leading basmati rice firm lt foods will invest US $20 million for branding and expansion in Europe, as it eyes a six times increase in sales from the branded segment over the next four years. The company is extensively working...

LT Foods sets up ready-to-heat organic rice plant in US for US $5 million

Leading basmati rice company LT Foods has set up a plant in the US for ready-to-heat organic rice with an investment of US $5 million as it seeks to tap the huge market for this product in America. According to...

LT Foods partners Japanese firm Kameda Seika to enter healthy snacks market

LT Foods has forayed into healthy snacks market and will invest US $5 million (about 32 crore) on launch of rice-based snack products. The company has partnered Japan's Kameda Seika to launch premium rice based snacks brand 'Kari Kari' in...

LT Foods sets up plant in Europe to popularise 'Daawat' rice

In a bid to popularise its 'Daawat' brand of rice in Europe, LT Foods on Wednesday commenced operations of its first rice processing plant at Rotterdam, Netherlands, which has been set up with an investment of US $15 million. "Company...

People unknowingly create regional divides through food: Chef Sanjeev Kapoor

Popular chef Sanjeev Kapoor says cuisines sometimes are the cause of regional divides -- so in an attempt to unite everyone, he wants to evolve a 'Bharat ka masala' (India's spice). "We take pride in our regional food... The food...

Basmati Rice firm LT Foods eyes Rs 6,000 crore revenue by 2020

Leading basmati rice firm LT Foods Ltd is targeting to double its turnover to Rs 6,000 crore by 2020 and is looking for growth organic as well as inorganic routes to become a FMCG company. LT Foods has presence in...

Future Group aims to clock revenue to Rs 20,000 crore by 2021

Kishore Biyani, Founder and Chief Executive of Future Group reveals that the Future Group is aiming to clock a revenue of Rs 20,000 crore in food and consumer business by 2021. The Future Group has decided to open 360 hypermarkets...

LT Foods launches Devaaya premium staples

LT Foods Limited, one of the leading processors and exporters of packaged basmati rice in India, has introduced “Devaaya”, a range of staples that are hygienically processed and target health conscious consumers. Available in select cities, the Devaaya range of...
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Being Human Clothing receives 5 awards at IFF 2024

The event also awarded brands such as Rare Rabbit, Tommy Hilfiger Vero Moda, Mini Klub and United Colors of...
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