LG Electronics India Shares Drop 2% to Rs 1,554.70 in Afternoon Trade
Shares of LG Electronics India declined by 2.00% to trade at Rs 1,554.70 during Monday afternoon trade. The company is a constituent of the Nifty Midcap 150 index.
What Happened
In Monday’s afternoon trading session, LG Electronics India witnessed a price drop of 2.00%, settling at Rs 1,554.70. As of August 3, 2026, general investor sentiment recorded for the equity was bullish.
Key Highlights
- Stock Movement: Shares decreased 2.00% to Rs 1,554.70 during afternoon trading.
- Annual Revenue and Profit: Standalone sales for the year ended March 2026 reached Rs 24,604 crore compared to Rs 24,366 crore in March 2025. Standalone net profit for March 2026 declined to Rs 1,685 crore from Rs 2,203 crore in the preceding fiscal year.
- Quarterly Performance: For the quarter ending March 2026, standalone sales stood at Rs 8,053 crore with a net profit of Rs 692 crore, up from sales of Rs 4,114 crore and net profit of Rs 89 crore in the December 2025 quarter.
- Balance Sheet & Cash Flows: Total assets and liabilities rose to Rs 13,636 crore as of March 2026 from Rs 11,517 crore in March 2025. Operating cash flow increased to Rs 1,721 crore from Rs 1,653 crore.
- Financial Ratios: Basic EPS for March 2026 stood at Rs 24.83, net profit margin was 6.84%, current ratio was 2.08, and the price-to-earnings (P/E) ratio stood at 58.03x. The debt-to-equity ratio remained at 0.00x.
Why This Matters
The movement in LG Electronics India equity reflects market trading alongside annual and quarterly standalone financial metrics. While standalone sales for the fiscal year ending March 2026 rose to Rs 24,604 crore, net profit declined to Rs 1,685 crore from Rs 2,203 crore in March 2025. At the same time, the company maintains zero debt on its balance sheet and recorded an increase in total assets to Rs 13,636 crore.
What to Watch Next
The company informed exchanges of an analyst and investor meet on August 6, 2026. Furthermore, a meeting of the board of directors is scheduled for August 13, 2026, to review and approve the unaudited financial results for the quarter ended June 30, 2026.
Frequently Asked Questions
What was the latest trading price of LG Electronics India?
The stock fell 2.00% to Rs 1,554.70 during Monday’s afternoon trading session.
What is the debt status of LG Electronics India?
As of March 2026, the company reported a debt-to-equity ratio of 0.00x, reflecting zero debt.
When is the next board meeting scheduled?
The board of directors is scheduled to meet on August 13, 2026, to consider and approve the unaudited quarterly results for the period ended June 30, 2026.
Source: Moneycontrol