Shares of LG Electronics India declined more than 2% in early trade on Friday, May 22, after the company reported mixed earnings for the fourth quarter, with revenue growth offset by weaker profitability and margin contraction.
At 9:22 AM, LG Electronics India shares were trading lower after touching an intraday low of ₹1,474.40. The stock opened at ₹1,485.00 against the previous close of ₹1,530.20. During the session, the stock also touched a high of ₹1,498.60. The counter has a 52-week high of ₹1,749.00 and a 52-week low of ₹1,304.10. Live traded volume stood at 1,57,234 shares.
For the quarter ended March 2026, the company reported revenue of ₹8,054 crore, registering an 8.1% year-on-year increase compared to ₹7,448 crore in the corresponding quarter last year.
However, operating performance remained under pressure. EBITDA declined 9.8% year-on-year to ₹945.3 crore from ₹1,048.1 crore. EBITDA margin also contracted sharply by 240 basis points to 11.7%, compared to 14.1% in the year-ago period.
Net profit for the quarter fell 8.2% to ₹693 crore against ₹755 crore reported in the same quarter last year.
The decline in margins and profit despite higher revenue appears to have weighed on investor sentiment, leading to weakness in the stock during early trade.