Stockrabit · Analysts
Questions across 6 calls

Amit Doshi

Care Portfolio Managers Private Limited

LT Foods Limited

Analysts/Institutional Investor Meet/Con. Call Updates LT Foods Limited has informed the Exchange about Transcript · 2025-09-16
Sir, you mentioned that most of the tariff has been passed on, which is 50%. But if I look at the numbers, wh ich is mentioned in the presentation of where nine months data has been provided and which indicate that there is a 26% revenue growth of basmati and 20% volume growth. So presuming that, I mean, 50% tariff, so the revenue growth should have been far higher? Or am I missing something?
Yes, Sachin, I'm just trying to understand, even if I look at your H1 PPT, in that also, the volume growth was 23% and 24% was the revenue growth. And excluding the Golden Star and U.S. tariff, the normalized growth was 11%. So presuming the H1 and there's not much difference between the volume growth figures of H1 and 9M. So for this quarter, which is a full quarter where 50% tariff has been levied. So I mean, going by that, I thought if the 50% tariff has been passed on, the number could have been higher. Only thing that I could not g et is you said the tariff is on the imports. But ultimately, we, as LT Foods, send it to our U.S. subsidiary, correct?
LT Foods Limited CC-Feb26.pdf · 2025-09-16
Sir, you mentioned that most of the tariff has been passed on, which is 50%. But if I look at the numbers, wh ich is mentioned in the presentation of where nine months data has been provided and which indicate that there is a 26% revenue growth of basmati and 20% volume growth. So presuming that, I mean, 50% tariff, so the revenue growth should have been far higher? Or am I missing something?
Yes, Sachin, I'm just trying to understand, even if I look at your H1 PPT, in that also, the volume growth was 23% and 24% was the revenue growth. And excluding the Golden Star and U.S. tariff, the normalized growth was 11%. So presuming the H1 and there's not much difference between the volume growth figures of H1 and 9M. So for this quarter, which is a full quarter where 50% tariff has been levied. So I mean, going by that, I thought if the 50% tariff has been passed on, the number could have been higher. Only thing that I could not g et is you said the tariff is on the imports. But ultimately, we, as LT Foods, send it to our U.S. subsidiary, correct?