LG Electronics India Q2 net profit declines 27% to Rs 389 crore, revenue rises marginally

LG Electronics India net profit declines to Rs 389 crore.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

LG Electronics India Thursday reported a 27.3 percent decline year-on-year in its profit after tax (PAT) to Rs 389 crore for three months ended September 2025 as consumers delayed purchases of electronics and home goods following recent GST rate cuts. The company had posted a profit after tax of Rs 536 crore in the same quarter last year.

The company's total revenue from operations rose marginally by 1 percent to Rs 6,174 crore in the quarter under review from Rs 6,113.8 crore in the year ago period.

Companies in India have faced weaker sales as consumers postponed spending until late September, when a broad-based GST rate cut came into effect, lowering prices on items ranging from soaps to electronic products.

This is the first quarterly results for the company which listed on the stock exchanges on October 14. The shares of the company settled 48 percent higher from its IPO price on the debut day at Rs 1,682.8 per share on the NSE.

The stock had made a bumper stock market debut to list at 50 percent premium over its IPO price on the National Stock Exchange (NSE), following a 54.02 times subscription to its issue between October 7-9 in the primary market.

Shares of LG Electronics India were listed at Rs 1,710.10 per share on the NSE, a strong premium of 50.01 percent. The Rs 11,607-crore issue had a price band of Rs 1,080-1,140 per share. On the BSE, the shares were listed at Rs 1,715 per share, a premium of 50.44 percent. The company's market capitalization on the debut day stood at Rs 1,14,671.81-crore.

The earnings before interest, taxes, depreciation and amortization (EBITDA) declined 28 percent to Rs 547.5 crore in the September quarter from Rs 757.4 crore year-on-year (YoY), while the margin was reported at 8.9 percent from 12.4 percent (YoY).

LG Electronics India is a leading player in major home appliances and consumer electronics. The company's products are sold to both B2C and B2B customers in India and abroad. It also provides installation, repair, and maintenance services for all its products.

The company manufactures and sells products, including washing machines, refrigerators, LED TV panels, inverter air conditioners, and microwaves. It has manufacturing units at Noida, Uttar Pradesh and Pune, Maharashtra.

Shares of LG Electronics India settled higher at Rs 1,672 per share on the NSE, up 0.89 percent.