LT Foods on Thursday announced its third quarter earnings for the financial year 2023-24 with profit at Rs 152.65 crore, up 52.1 per cent on-year in comparison to Rs 100.38 crore during the corresponding quarter of previous year. It posted revenue from operations at Rs 1941.73 crore, up 9.2 per cent as against Rs 1778.47 crore during the third quarter of FY23. While the total income recorded during the quarter was at Rs 1949.69 crore, total expenses incurred during Q3FY24 stood at Rs 1757.68 crore.
The company board also approved the appointment of Raju Lal, on the recommendation of the Nomination & Remuneration Committee, as an Additional Director in the capacity of an Independent Director for a period of 5 years, effective from January 25, 2024. Raju Lal is a Chartered Accountant. He is a versatile and communicative professional with over 30 years of experience in capturing profitable business opportunities and motivating talented, cross-functional teams of large numbers of employees.
