“Despite a dynamic global environment, we are pleased to report that the first 9 months of FY’26 demonstrated a strong and resilient performance for LT Foods. Our robust business model, disciplined execution, and unwavering focus on quality and consumer relevance enabled us to deliver healthy growth, reinforcing the strength and agility of our organisation. During 9M FY’26, our Basmati and Other Speciality Rice business continued its strong momentum, reporting 26% (Normalised growth is 12% excluding the U.S. Tariffs and Golden Star) YOY growth, supported by sustained brand investments and focused marketing initiatives that have deepened consumer trust across markets. Our Organic Foods & Ingredients segment also delivered robust growth of 15% YOY, reflecting increasing global preference for sustainable, clean-label food choices and our well-established presence in key international markets. In India, the household penetration of our flagship brand DAAWAT® rose to 58.11 lakhs (Kantar Household Panel MAT Sep’25), reaffirming its position as the most trusted and preferred rice brand in the country. Besides, we continued to maintain leadership across major E-commerce and Q- commerce platforms, leveraging digital-first strategies to engage new-age consumers. In addition, we launched “DAAWAT® I’m Organic” range, a thoughtfully crafted offering designed for consumers who seek authentic and organic produce. We also unveiled DAAWAT® Saffron Basmati, a super-premium, limited-edition offering that celebrates heritage with refined indulgence. In the U.S., while our flagship brand Royal® continues to enjoy a dominant market share, we reported 50% (Normalised growth is 12% excluding the U.S. Tariffs and Golden Star) YOY growth. Europe reported 35% YOY growth, driven by expanding market reach and rising demand for our differentiated offerings. Separately, we are witnessing some near-term pressure arising from U.S. imposed tariff-related developments. While the input cost has increased, we have to see how it is going to impact us in the near future. As we move forward, our focus remains on building a stronger, future-ready LT Foods — one that continues to further strengthen our brand equity, expand its global footprint, invest in digital capabilities, and evolve through strategic partnerships. We remain committed to delivering trusted, high-quality products that create long-term value for all stakeholders across geographies.”