LG India says no demand problem; GST pause delayed purchases, not business outlook - The Economic Times

The Economic Times

Synopsis LG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA margin, and strong market share gains across TVs, refrigerators and ACs. With localization, price hikes, premiumization and revived demand set to lift margins, the company expects a stronger Q3–Q4 and a return toward double-digit profitability in FY26…

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