On a sequential basis, revenue also fell sharply from Rs 6,174 crore in Q2FY26. Total income for the quarter came in at Rs 4,190 crore compared with Rs 4,474 crore a year ago.
Profit before tax dropped to Rs 151 crore from Rs 320 crore in the corresponding quarter last year. The decline in profitability came despite a moderation in certain input costs, as overall operating expenses remained elevated.
Total expenses during the quarter stood at Rs 4,038 crore versus Rs 4,153 crore in Q3FY25. Cost of materials consumed remained the largest component at Rs 2,988 crore, marginally higher than Rs 2,929 crore a year earlier.
Employee benefit expenses rose to Rs 261 crore compared with Rs 237 crore last year. Other expenses were largely stable at Rs 884 crore. Depreciation and amortisation expenses increased to Rs 111 crore from Rs 90 crore, while finance costs edged up to Rs 9.32 crore.
For the nine months ended December 2025, revenue from operations stood at Rs 16,551 crore compared with Rs 16,918 crore in the corresponding period last year. Profit for the nine-month period came in at Rs 992 crore, down from Rs 1,449 crore in 9MFY25.
The numbers indicate margin pressure and demand moderation during the quarter. Investors will closely watch management commentary on demand trends, pricing strategy and cost optimisation measures in the coming quarters to assess the pace of recovery.On Wednesday, LG India shares closed 1.5% lower at Rs 1519 on NSE.