Mumbai, Feb. 12 -- EBITDA declined by 42.4% to Rs 196 crore in Q3 FY26 from Rs 340 crore in Q3 FY25.

Profit before tax in Q3 FY26 stood at Rs 151.69 crore, down by 52.7% from Rs 320.65 crore recorded in Q3 FY25.

Despite lower-than-expected post-festive demand, LGE India stated that it has managed to maintain market leadership across key categories.

EBITDA margin declined due to combined effect of subdued sales impacting operating leverage, increased input costs in copper and aluminum and currency related headwinds.

Hong Ju Jeon, managing director and chief sales and marketing officer, LG Electronics India, said: "LGE India has maintained #1 position across key B2C segments, despite a subdued last quarter affected by external factors....