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The Economic Times
The Economic Times
Veer Sharma

LG Electronics India shares fall 4% after Q4 results. What is Morgan Stanley saying?

LG LG Electronics LG Electronics India Morgan Stanley India BSE

Shares of LG Electronics India fell as much as 4% to their day’s low of Rs 1,474 on the BSE on Friday after it reported a net profit of Rs 693 crore for the March quarter, down 8% compared with Rs 755 crore in the year-ago period.

The home appliances and entertainment products maker posted revenue of Rs 8,054 crore in Q4FY26, marking an 8% increase from Rs 7,448 crore a year earlier. On a sequential basis, profit after tax surged 672% from Rs 90 crore reported in Q3FY26, while revenue rose 96% quarter-on-quarter from Rs 4,114 crore in the October-December period.

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