Electronics

LG Electronics faced selling pressure in Tuesday’s trade after the company reported a decline in its second-quarter profit, prompting investors to react cautiously to signs of slowing momentum in key business segments. The earnings setback, attributed to weaker demand in select consumer electronics categories and rising input costs, raised questions about the company’s near-term growth trajectory. Despite steady performance in emerging divisions such as automotive components and premium appliances, the overall contraction weighed on market sentiment.

Samsung’s premium 83-inch OLED television has entered a rare discount cycle, drawing the attention of big-screen enthusiasts as retailers aggressively clear stock ahead of new model arrivals. The pricing, now positioned in the range typically associated with 65-inch OLED units, signals a strategic move to accelerate turnover of oversized inventory.

Consumer electronics brand Boat, preparing for its long-anticipated initial public offering, is encountering rising employee attrition during a pivotal transition period. As the company shifts from a fast-paced startup culture to the stringent governance and operational discipline required of a publicly listed firm, industry watchers note increasing workforce churn across critical departments. The phenomenon comes at a time when the broader wearables and audio accessories market remains fiercely competitive, demanding continuous innovation and operational efficiency.

In a move that underscores its growing commitment to India’s consumer appliance market, Havells India Ltd has announced a significant expansion of its washing machine production capacity. The initiative comes as the company seeks to strengthen its footprint in the rapidly growing home appliances segment, driven by increasing consumer demand, higher urbanization, and rising disposable incomes.

Crompton Greaves has secured a Rs 445 crore tender for solar rooftop projects, marking a significant milestone in its renewable energy portfolio. The contract, awarded by a government-backed initiative, underscores the company’s growing presence in sustainable energy solutions and its capability to deliver large-scale solar infrastructure. Analysts note that this project will enhance Crompton’s revenue visibility, strengthen its market positioning in the solar segment, and contribute to India’s renewable energy targets.

Recent Goods and Services Tax (GST) reforms have significantly stimulated India’s electronics sector, driving total consumption to Rs. 20 lakh crore. The government’s rationalization of GST rates and simplification of compliance procedures have enhanced affordability, increased demand, and attracted investment in domestic manufacturing. Analysts indicate that the reforms not only benefit consumers through lower prices but also provide a structural boost to micro, small, and medium enterprises (MSMEs) and large-scale electronics manufacturers.

LG Electronics India has announced its initial public offering (IPO), aiming to raise capital to fund expansion, research and development, and strengthen its market presence in India. The offering is expected to attract both institutional and retail investors, reflecting confidence in the company’s growth trajectory amid rising consumer demand for electronics and home appliances. Analysts note that the IPO provides an opportunity to enhance liquidity, support product diversification, and accelerate investment in emerging technologies such as smart devices and energy-efficient solutions.

Consumer electronics company boAt has achieved a significant milestone by returning to profitability in FY25, posting a net profit of Rs 60 crore. This marks a turnaround after periods of operational challenges and market competition, highlighting the company’s cost optimization strategies, product diversification, and strengthened market positioning. Revenue growth was driven by robust sales of audio devices, wearables, and smart gadgets, supported by strong online and offline distribution channels.

LG Electronics India has announced a significant financial performance for the fiscal year 2025, with a 45.8% increase in net profit, reaching ₹2,203.35 crore, and a 14.1% rise in revenue from operations to ₹24,366.64 crore. This robust growth precedes the company's Initial Public Offering (IPO), which has garnered substantial investor interest. The IPO aims to raise ₹11,607 crore, with a 15% stake being offered to the public. The strong financial results underscore LG Electronics India's position as a leading player in the consumer electronics sector.

Samsung has reported a significant surge in appliance sales during the Navratri festival period, reflecting robust consumer demand and effective seasonal marketing strategies. The increase spans refrigerators, washing machines, air conditioners, and smart home devices, indicating heightened spending on home essentials and lifestyle upgrades. Analysts attribute the growth to a combination of festive promotions, EMI options, and product innovations that resonate with consumer preferences.