कोशिश गोल्ड - मुक्त
LG Electronics profit slips 27% as higher costs bite
Financial Express Bengaluru
|November 14, 2025
Firm cautiously optimistic about third quarter
CONSUMER ELECTRONICS MAJOR LG India on Thursday reported a decline in September quarter (Q2FY26) net profit and a nearly flat growth in revenue amid GST transition issues, higher costs and deferment of purchases by consumers.
Net profit was down 27.3% yo-y to ₹389 crore, while revenue grew at a sluggish pace of 1% yo-y to ₹6,174 crore, which the firm said was led by a nearly one-and-a-half month of a slowdown in sales (between August-September) as consumers waited for the GST rate changes to reflect on products such as ACs, TVs and dishwashers.
यह कहानी Financial Express Bengaluru के November 14, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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DGCA panel visits IndiGo HQ amid crisis
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Tata Power to explore 20-50 MW small modular projects: CEO
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Siemens growth engine gaining speed
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Australia plans stricter gun regulations
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FMCG set for growth as GST issues wind down
A GST-LED FORMALISATION and more disposable incomes in the hands of people could support consumption growth, particularly in foods, some of the country's top FMCG CEOs said at the CII FMCG Summit in Mumbai on Monday.
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Maruti to localise batteries and key components soon
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‘Top 15-20% of consumers driving growth energy’
Sudhir Sitapati, MD & CEO, Godrej Consumer (GCPL), says there is cautious optimism among FMCG players, driven by GST 2.0 price reductions, rural demand anda gradual urban recovery.
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Exports see smart rebound, Nov shipments rise 19.4%
TRADE DEFICIT AT 5-MONTH LOW OF $24.5 BILLION
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