{"id":991607,"date":"2026-02-12T09:36:28","date_gmt":"2026-02-12T04:06:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=991607"},"modified":"2026-02-12T09:56:47","modified_gmt":"2026-02-12T04:26:47","slug":"lg-electronics-q3-profit-slumps-on-demand-concerns","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/12\/lg-electronics-q3-profit-slumps-on-demand-concerns\/","title":{"rendered":"LG Electronics Q3 profit slumps on demand concerns"},"content":{"rendered":"<p>LG Electronics India on Wednesday reported a sharp drop in consolidated net profit, hit by weaker demand in home appliances, especially in the post-festive period. The company posted a 61.6% year-on-year (y-o-y) fall in net profit to nearly Rs 90 crore in Q3FY26, below Street estimates of Rs 205 crore for the period. <\/p>\n<p>Revenue from operations fell 6.4% y-o-y to Rs 4,114 crore, against a Bloomberg consensus estimate of Rs 4,330 crore. Earnings before interest, tax, depreciation and amortisation (Ebitda) declined 42.4 per cent y-o-y to Rs 196 crore as operating expenses remained elevated, sector analysts said. Street estimates had pegged Q3 Ebitda at Rs 323 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG Electronics India on Wednesday reported a sharp drop in consolidated net profit, hit by weaker demand in home appliances, especially in the post-festive period. The company posted a 61.6% year-on-year (y-o-y) fall in net profit to nearly Rs 90 crore in Q3FY26, below Street estimates of Rs 205 crore for the period. Revenue from operations fell 6.4% y-o-y to Rs 4,114 crore, against a Bloomberg consensus estimate of Rs 4,330 crore. Earnings before interest, tax, depreciation and amortisation (Ebitda) declined 42.4 per cent y-o-y to Rs 196 crore as operating expenses remained elevated, sector analysts said. Street estimates had [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-991607","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=991607"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991607\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=991607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=991607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=991607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}