Transcript of Investor/Analysts Conference Call for the quarter ended June 30, 2026

Ref-LTF/ SE/ 2026-27 Date: August 05, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 Dear Sir/ Madam, Ref.: Code-532783 Scrip ID: LTFOODS Sub: Transcript of Investor/ Analysts Conference Call for the quarter ended June 30, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of transcript of the Investor/ Analysts conference call held on Friday, July 31, 2025 on the un-audited financial results and operations of the Company for the quarter ended June 30, 2026, is enclosed. In this regard, a transcript of the aforesaid Earnings Call is attached herewith. Further, the said transcript shall also be available on the website of the Company. Link: https://ltfoods.com/ltfoodscms/uploads/investors/earningcalltranscript/earningcalltranscript_1785918712. Request you to take the above information on record. Thanking you, Yours Faithfully, For LT Foods Limited Monika Chawla Jaggia Company Secretary & Compliance Officer Encl: a/a “LT Foods Limited Q1 FY27 Earnings Conference Call” July 31, 2026 MANAGEMENT: MR. ASHWANI KUMAR ARORA – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER MR. SACHIN GUPTA – CHIEF FINANCIAL OFFICER MR. RITESH ARORA – CHIEF EXECUTIVE OFFICER, INDIA AND FAR EAST BUSINESS MS. MONIKA CHAWLA JAGGIA – CHIEF CORPORATE DEVELOPMENT OFFICER MODERATOR: MR. SUMANT KUMAR – MOTILAL OSWAL FINANCIAL SERVICES LIMITED LT Foods Limited July 31, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the LT Foods Limited Earnings Conference Call Q1 FY27. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Sumant Kumar. Thank you, and over to you, sir. Sumant Kumar: Yes. Thank you. Good evening, everyone, and a very warm welcome to LT Foods Q1 FY27 post results earnings call, hosted by Motilal Oswal Financial Services Limited. On the call today, we have management team being represented by Mr. Ashwani Kumar Arora, Managing Director and CEO; Mr. Sachin Gupta, CFO; and Ms. Monika Chawla Jaggia, Chief Corporate Development Officer. We'll begin the call with the key thoughts from the management team. Thereafter, we will open the floor for Q&A session. I would now like to request the management to share their perspective on the performance of the company. Thank you, and over to you, Moncia. Monika Chawla Jaggia: Thank you, Sumant, for the introduction. Good evening, everyone, and thank you for joining us today on the post Q1FY27earnings conference call of LT Foods Limited. Before we begin, I would like to remind you that certain statements made during this call may constitute forward-looking statements. These statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The results documents are available on our company's website as well as stock exchanges. A transcript of this call will also be made available on the Investors section of the company's website. I'm pleased to share that LT Foods has delivered another strong quarter, achieving 26.4% year-on-year growth despite a challenging operating environment marked by geopolitical uncertainties, supply chain disruptions and freight volatility. This performance reflects the strength of our brands, resilient business model, effectiveness of our long-term growth strategy and disciplined execution. Before Mr. Sachin Gupta takes you through the financial highlights, let me briefly update you on the performance across our key geographies. Page 2 of 17 LT Foods Limited July 31, 2026 India, the engine that is just getting started. We are growing profitably for the last 3 straight years with a CAGR of 12%, wherein the profit has grown faster than the revenue with a CAGR of more than 30%. And we believe we still have a huge scope of growth as basmati remains majority unbranded in India as on date as well. Every year, more household shifts to branded and trusted basmati. Our FY'30 ambition is a step change of more than doubling the revenue with expanding margins driven by reaching consumers at every price point, building distinctive brands, expanding availability and scaling our organizational backbone digitally. Also by expanding our portfolio in the adjacent categories by leveraging our brand equity and distribution network. The United States, category leadership earned the hard way. We are growing faster than the category. Our U.S. basmati import share is now more than 60%. Royal and Golden Star continue to pull ahead as clear segment leaders on the back of consistent brand investments, innovation and execution across every channel. Tariff shifts created pricing volatility this year, and we are focused on converting dollar growth into the real unit growth as the pricing normalizes while broadening our reach across every price point and format. Europe and U.K., they both are in the investment phase. Europe and the U.K. are currently in investment phase, and we remain very positive about the long-term potential these geographies carry. We are continuously investing in the capacity, the cost structure and the right channel mix, and we expect these investments to translate into the profitability over the coming quarters in the medium term. Another geography is the Middle East, wherein we are building inroads. That's a tough and saturated market. So Middle East is a saturated market and as a relatively new entrant, it is not an easy one to crack for us. Despite regional disruption to shipping this year, our demand held firm, and our e-commerce business took the number 1 category position. We are approaching the market across multiple price points to build inroads, and we are encouraged by the progress so far. Rest of the world, wherein we are strengthening our share, though it's a small market in terms of the basmati consumption, but we are enjoying leadership position in most of the countries, and we are further solidifying our position with the continuous brand investments and the distribution expansion. The other segment that we are into, which is organic, the FY26 brought cost pressure as we changed the business model from wholesale to the CPG, and we expanded our European capacity. We still see organic as one of our most exciting long-term bets with white space in Page 3 of 17 LT Foods Limited July 31, 2026 the Americas and in European organic ingredients, which will help us to balance growth and margins in the medium term. India is a proven growth engine still in its early innings as there is a huge potential lies in front of us. The U.S. is genuinely category leader working through near-term tariff headwinds. Europe and the U.K. are in the investment phase with strong long-term potential. And the Middle East is a tough market wherein we are building inroads. Organic is a long- term bet where we have reset course and all the geographies and business segments are moving forward with full rigor. Now I hand over to our CFO, Mr. Sachin Gupta, for the detailed financial update. Sachin, over to you, please. Sachin Gupta: Thank you, Monika. Good evening, everyone, and thank you for joining us today. LT Foods delivered another strong quarter, reflecting the resilience of our business model and the strength of our brands and the effectiveness of our long-term growth strategy. During Q1FY27, the consolidated revenue on a year-on-year basis grew by 26%. On a normalized basis, it grew by 19%, and the revenue stood at INR3,161 crores, driven by strong demand across ou [Showing first 8,000 characters — download PDF for full document]