LG India says there is no demand problem; GST pauses deferred purchases, not business prospects

LG Electronics India remains optimistic about its growth trajectory despite a difficult quarter marked by unusual weather conditions, geopolitical uncertainties and a temporary sales freeze due to GST restructuring. The company reported revenue growth of 1%, an industry-leading EBITDA margin of 8.9% and a significant increase in market share in TVs, refrigerators and air conditioning.Chief […]

LG India says there is no demand problem; GST pauses deferred purchases, not business prospects

LG Electronics India remains optimistic about its growth trajectory despite a difficult quarter marked by unusual weather conditions, geopolitical uncertainties and a temporary sales freeze due to GST restructuring. The company reported revenue growth of 1%, an industry-leading EBITDA margin of 8.9% and a significant increase in market share in TVs, refrigerators and air conditioning.Chief […]