LG Electronics India shares plunge 8%: Q3 net profit falls 60% amid 300 bps margin contraction

The share price of LG Electronics fell 8.3% to an intra-day low of Rs 1,392 on the National Stock Exchange after the company reported its quarterly results for Q3FY26. The company’s net profit has significantly fallen for the quarter under review. However, the domestic broker Motilal Oswal still retained a ‘Buy’ call on the stock.

Motilal Oswal on LG Electronics

Motilal Oswal said that weak performance in home appliances led to a miss on earnings. The company’s management indicated that LG Electronics India has maintained the number 1 position across key B2C segments, despite a subdued Q3 FY26. This was due to external factors.