Shares of LT Foods Ltd are expected to be in focus following the United States Department of Commerce's sharp reduction in countervailing duty on the company's subsidiary. According to reports from The Economic Times, the US Department of Commerce cut the countervailing duty (CVD) rate from 340.27% to 75.48% in its final order dated February 23, 2026. This revision significantly lowers the company's potential liability by ₹163 crore. The move follows an administrative review covering the period January 1, 2023, to December 31, 2023, during which the 'adverse facts available' (AFA) methodology was applied to Ecopure Specialities Limited, leading to a provisional CVD rate of 340.27% on sales of ₹50 crore for the period.
The company reported strong financial results for the third quarter, demonstrating consistent growth across key parameters. As reported by The Economic Times, LT Foods achieved a 9.8% year-on-year rise in net profit for Q3, with profit after tax increasing to ₹157.35 crore from ₹143.25 crore in the corresponding period last year. Revenue posted robust growth during the quarter, climbing 23.5% year-on-year to ₹2,809.2 crore, compared with ₹2,274.8 crore in the same quarter of the previous financial year. Earnings before interest, tax, depreciation and amortisation (EBITDA) also registered strong growth, rising 25.8% year-on-year to ₹314.32 crore in the December quarter from ₹249.81 crore a year earlier.
The stronger operating performance translated into improved margins for the company. According to The Economic Times, EBITDA margin improved to 11.19% during the quarter, compared with 10.98% in the year-ago period. EBITDA growth outpaced revenue expansion, supporting margin improvement, while net profit growth, though lower than revenue growth, remained positive year-on-year. The company delivered consistent growth across key financial parameters, including revenue, operating profit and margins, with the overall performance demonstrating the company's operational efficiency gains.
