LG Electronics Q3 results: Profit down 61% YoY to Rs 90 crore, revenue down 6%

Consumer electronics major LG India on Wednesday reported a 61% year-on-year decline in consolidated net profit at Rs 89.7 crore in the third quarter. Revenue from operations also fell 6% year-on-year to Rs 4,114 crore.On a sequential basis, revenue also declined sharply from Rs 6,174 crore in Q2FY26. Total income for the quarter stood at Rs 4,190 crore, compared to Rs 4,474 crore a year ago.

Profit before tax fell to Rs 151 crore from Rs 320 crore in the corresponding quarter last year. The decline in profitability came despite a moderation in some input costs, as overall operating costs remained high.

Total expenses during the quarter stood at Rs 4,038 crore, compared to Rs 4,153 crore in Q3FY25. Cost of materials consumed remained the largest component at Rs 2,988 crore, slightly higher than Rs 2,929 crore a year earlier.

Employee expenses rose to Rs 261 crore, compared to Rs 237 crore last year. Other expenses were broadly stable at Rs 884 crore. Depreciation and amortization expenses rose to Rs 111 crore from Rs 90 crore, while financing costs rose to Rs 9.32 crore.

For the nine months ended December 2025, revenue from operations stood at Rs 16,551 crore, compared to Rs 16,918 crore in the corresponding period last year. Profit for the nine-month period stood at Rs 992 crore, down from Rs 1,449 crore in 9MFY25.

The figures indicate margin pressure and moderation in demand during the quarter. Investors will closely monitor management commentary on demand trends, pricing strategy and cost optimization measures in the coming quarters to assess the pace of recovery. On Wednesday, LG India shares closed 1.5% lower at Rs 1519 on NSE.