LG Electronics India's fourth-quarter profit falls on higher costs
21/05/2026 14:30
May 21 (Reuters) - LG Electronics India LGEL.NS reported an 8.2% fall in fourth-quarter profit on Thursday, as higher input costs outweighed improving demand for cooling products. The Indian unit of South Korea's LG Electronics 066570.KS posted a standalone profit of 6.93 billion rupees ($72.04 million) for the quarter ended March 31, down from 7.55 billion rupees a year earlier. ($1 = 96.2000 Indian rupees) (Reporting by Surbhi Misra and Urvi Dugar in Bengaluru) ((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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