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GST IMPACT LG
LG India Q2 profit slips 27% but TV and AC market share climbsLG Electronics India reported a 27% YoY fall in Q2 net profit to Rs 389.4 crore, though revenue grew 1% to Rs 6,174 crore. Despite GST tran...13 Nov, 2025, 08.55 PM IST- Consumer MNCs bullish on India, see business growth moving in fast laneDespite a mixed July-Sept quarter impacted by weather and GST disruptions, global consumer giants remain bullish on India. CEOs from major ...09 Nov, 2025, 06.29 AM IST
- How's the Josh after Diwali gifts? Sitharaman, Vaishnaw state how Indians gained from GST cutsNearly a month after the new GST rates came into effect, Finance Minister Nirmala Sitharaman and IT & Railways Minister Ashwini Vaishnaw sa...18 Oct, 2025, 03.13 PM IST
- Consumer cos cheer as GST cuts light up Navratri sales, demand highest in more than a decadeIndian consumer goods and auto companies experienced their best Navratri sales in over a decade, with growth ranging from 25% to 100%. Redu...03 Oct, 2025, 06.11 AM IST
- IPO optimally priced to ensure long-term shareholder valuation: LG Electronics IndiaAfter setting the price band for its massive Rs 11,607 crore IPO at Rs 1,080-1,140 per share on Wednesday, LG Electronics India said the in...01 Oct, 2025, 08.15 PM IST
- LG to step up its game to stay no. 1 in white goodsLG said it will continue to focus on all business segments to maintain its market leadership.03 Jan, 2019, 07.34 AM IST
- Electronics & white goods sales on a tear this DiwaliTop manufacturers and retailers attributed the sales spike to factors including 10% cut in GST on appliances in July, ecommerce discounting...12 Nov, 2018, 07.54 AM IST
- Consumer electronics companies see job switches by top executivesThe Rs 45,000-crore white goods industry is projected to grow at 10-15% this year with buoyant sales during the festive season.10 Oct, 2018, 06.33 AM IST
- Buying a TV or fridge? Prices have gone up with rupee slideA month after GST on white goods was cut, companies are being forced to raise prices by 3-6%.24 Aug, 2018, 08.41 AM IST
- 32-inches and above TV prices to go up from AugustThis comes at a time when the GST Council on Saturday decided to reduce tax rate on refrigerator, washing machine, sub-26 inch television, ...23 Jul, 2018, 08.48 PM IST
- FMCG,white goods makers pin hope on 2018 to erase woes of 2017Sony India Head of Sales Satish Padmanabhan also said the industry is already seeing "positive comeback signs post the implementation of GS...19 Dec, 2017, 04.08 PM IST
- Durables shrug off slow start to log dhamaka sales in festive seasonTop cos like Sony, LG, Panasonic said sales rose during Dussehra in Sept and during Diwali period. In large cities, demand for high-value p...20 Oct, 2017, 11.46 PM IST
- What slowdown? Consumers are buying more premium products this festive seasonMaruti, Hyundai, LG, Sony, Panasonic and Godrej said consumers, including those in smaller towns, are buying more premium products this fes...02 Oct, 2017, 06.35 AM IST
- Smartphone companies bring in parity in online, offline discountsGST was rolled out on July 1. Promotions by Amazon and Flipkart have generated demand, said Brian Bade, CEO of Reliance Digital, the countr...23 Sep, 2017, 12.06 AM IST
- We are looking forward to make a phenomenal difference in the high end LEds: Amit Gujral, CMO, LG"Compared to last year’s and we will continue to grow because all high end products have been offering the newer technologies", said Gujral.11 Sep, 2017, 11.35 AM IST
- GST impact: LG first durables company to increase TV pricesConfirming the development, Vijay Sales, managing partner, Nilesh Gupta, said: "LG has set the trend for price increases. This is on expect...04 Jul, 2017, 09.48 AM IST
- GST rate on consumer durables should be 18%: CEAMACategorising consumer goods as items of mass consumption, the association has requested that the rate on all consumer durable products be k...07 Nov, 2016, 06.07 PM IST
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