Particle.news
Download on the App Store
3 ARTICLES
·
6h ago

LG Electronics India Posts 27% Profit Drop as EBITDA Margin Slips to 8.9%

The first quarter reported since the listing highlighted margin compression with limited top-line growth.

This marks the company's first quarterly results after its stock market debut.

Overview

  • Net profit fell 27.31% year on year to Rs 389.4 crore for Q2 FY26, from Rs 535.7 crore a year earlier.
  • Revenue from operations edged up 0.98% to Rs 6,174 crore, compared with Rs 6,113.8 crore in Q2 FY25.
  • Adjusted EBITDA came in at Rs 547.5 crore, with the margin narrowing to 8.9% from 12.4% a year ago.
  • The company released results after market hours; the stock closed 1.13% higher at Rs 1,674.10 on the BSE.
  • Trading was heavier than the two-week average, with about 1.11 lakh shares changing hands, turnover at Rs 18.70 crore, market value near Rs 1.13 lakh crore, and the scrip above short-term SMAs with a 14-day RSI of 61.8.