@yashchandak KRBL last few years are very turbulent. In one Quarter they were able to export high broken rice and in other quarter, very high bulk export, in one quarter they have Saudi sales starting and in other quarter Saudi sales back to zero. In one quarter, a bulk shipment is not delivered to client and revenue got deferred to other quarter.
I would recommend you read concalls of LTFOODS and KRBL for last 5 years, You will neither find positive nor negative surprises from sales perspective for LTFoods except impact of soya sale due to US anti dumping duty. But in KRBL, you will find lot of these surprise both on positive and negative side, which makes their revenue to fluctuate lot higher even after factoring rice/paddy price fluctuation, this makes their Ebitda all over place
When it comes to LTFoods margin, In presentation you can find the Rice segments margin, you will find fluctuations, but offcourse not to the extent of KRBL which is due to their own problems
Q1 - 12.9%, Q2 - 13.9%, Q3 - 14.8%
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