In its final order dated February 23, 2026, the US Department of Commerce cut the CVD rate from 340.27% to 75.48%. The company said the revision lowers its potential liability by Rs 163 crore.
The move follows an administrative review of the CVD order covering the period January 1, 2023, to December 31, 2023. During the review, the ‘adverse facts available’ (AFA) methodology was applied to Ecopure, leading to a provisional CVD rate of 340.27% on sales of Rs 50 crore for the period.
LT Foods Q3 snapshot
The company reported a 9.8% year-on-year rise in net profit for the third quarter, with profit after tax increasing to Rs 157.35 crore from Rs 143.25 crore in the corresponding period last year.
Revenue posted strong growth during the quarter, climbing 23.5% year-on-year to Rs 2,809.2 crore, compared with Rs 2,274.8 crore in the same quarter of the previous financial year. Earnings before interest, tax, depreciation and amortisation (EBITDA) also registered a robust increase, rising 25.8% year-on-year to Rs 314.32 crore in the December quarter from Rs 249.81 crore a year earlier.
The stronger operating performance translated into a modest expansion in margins. EBITDA margin improved to 11.19% during the quarter, compared with 10.98% in the year-ago period.
Overall, the company delivered consistent growth across key financial parameters, including revenue, operating profit and margins. EBITDA growth outpaced revenue expansion, supporting margin improvement, while net profit growth, though lower than revenue growth, remained positive year-on-year.
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