Magzter GOLDで無制限に
10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。
試す 金 - 無料
TINA factor driving LG multiples
Mint Ahmedabad
|November 19, 2025
The maiden quarterly result of LG Electronics India Ltd after it listed in October was nothing close to electrifying. Ebitda fell 27.7% year-on-year to ₹548 crore in the September quarter (Q2FY26) and the margin contracted 350 basis points (bps) to 8.9%.
Profitability was marred by commodity cost inflation. Raw material costs increased to 70.6% of sales from 68.2% year-on-year and sales promotion expenses were higher. This led to steep earnings per share cuts by brokerages.
Revenue grew 1% year-on-year to ₹6,174 crore. Even so, this was better than peers that reported revenue declining in Q2. LG also gained market share, said Centrum Broking.
The implementation timeline of GST 2.0 weighed on LG's Q2 result. LG raised prices by 1.5%-2% for refrigerators and washing machines, which together accounted for 48% of its sales in FY25. This should ensure that LG returns to a double-digit
uation of 40x P/E, based on Bloomberg consensus estimates for FY27.
このストーリーは、Mint Ahmedabad の November 19, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint Ahmedabad からのその他のストーリー
Mint Ahmedabad
India's financial boom: Let's keep progress real
Record funds raised for shareholder exits rather than fresh investment go against the spirit of IPOs. The bigger issue is that the financial world must stay in sync with the real economy
2 mins
November 20, 2025
Mint Ahmedabad
Liquor firms press Telangana for dues
The alcohol industry has urged Telangana to clear $337 million dues to avoid supply shortages.
1 min
November 20, 2025
Mint Ahmedabad
Adobe nears $1.9 billion deal to buy Semrush
Adobe Inc. is nearing a deal to buy the marketing software company Semrush Holdings Inc. for $1.9 billion, The Wall Street Journal reported, a takeover that would mark its first since the failed $20 billion acquisition of Figma Inc. in 2022.
1 min
November 20, 2025
Mint Ahmedabad
Beyond momos: Tasting Ladakh through small plates
Young chefs from the region are elevating their diverse culinary traditions with energy and innovation
3 mins
November 20, 2025
Mint Ahmedabad
VANCE, RUBIO OFFER CLUES TO 2028 US RACE
A study of their divergent styles and interaction can likely determine who might take on the mantle next
8 mins
November 20, 2025
Mint Ahmedabad
RP-Sanjiv Goenka enters luxe fashion with FSP stake buy
PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.
1 mins
November 20, 2025
Mint Ahmedabad
India Inc's rural engine sputters in Q2
rural-linked firms grew slower than the rest of India Inc (comprising 2,753 companies), which posted a 6% revenue expansion in Q2.
2 mins
November 20, 2025
Mint Ahmedabad
In a new avatar, Zomato steps into India's top 25 brands
Its brand value jumped 69% year-on-year, Kantar’s BrandZ report for 2025 shows
1 mins
November 20, 2025
Mint Ahmedabad
How high credit card utilization affects your score: a quick guide
I had a ₹1 lakh credit card bill but repaid ₹40,000; ₹60.000 is due. Will it hurt my credit score? Can I take a personal loan to clear it? Will it affect my score and future loan applications? - Name withheld on request
1 mins
November 20, 2025
Mint Ahmedabad
Samsung India logs double-digit growth
Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11% to ₹1.11 trillion in the financial year ended March 2025.
1 min
November 20, 2025
Listen
Translate
Change font size