LT Foods has announced its audited financial results for the year ended March 31, 2026, reporting a robust performance. The company has recommended a final equity dividend of Re. 1 per share (@100%), reflecting its strong profitability. Additionally, the Board has approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director and announced the strategic reconstitution of its various Board committees to strengthen corporate governance.
Annual Financial Performance
For the financial year ended March 31, 2026, LT Foods demonstrated significant operational success. The company achieved a total consolidated income of ₹11,023.06 crore. The net profit attributable to the owners of the parent company stood at ₹625.38 crore, underscoring the brand’s resilience and market leadership in the rice and specialty foods industry.
Strategic Dividend Declaration
Reflecting its commitment to creating shareholder value, the Board of Directors has recommended a final equity dividend of Re. 1 per equity share (representing 100% of the face value of Re. 1). This dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
Board Leadership and Governance
In a move to enhance its leadership expertise, the Board has approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a five-year term ending May 13, 2031. Mr. Jain brings extensive management experience from his tenures at major global organizations. Furthermore, the company has completed a comprehensive reconstitution of its Board Committees—including the Audit, Nomination & Remuneration, CSR, and Risk Management committees—effective May 14, 2026, to ensure robust oversight and strategic alignment.
Operational Highlights
The company continues to advance its global footprint. A key operational development during the year was the acquisition of the remaining 49% stake in Golden Star Trading Inc., making it a wholly owned subsidiary of the Group. The company also continues to successfully navigate complex global trade environments, including recent legal and regulatory developments in the U.S. organic soybean market, maintaining a strong legal and operational position.
Source: BSE
