LG Electronics India Profit Rises 26 Percent
LG Electronics India reported a 26 percent rise in second-quarter profit driven by strong appliance demand. Revenue grew 19.5 percent as rising incomes boosted consumer sales.
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LG Electronics India Ltd posted a 25.7% increase in second-quarter profit to 4.89 billion rupees ($51.74 million), driven by strong appliance demand. The surge follows robust sales across televisions, refrigerators, and washing machines in India during the period. The earnings highlight resilient consumer durables momentum in the region amid rising disposable incomes.
