LG Electronics India Limited has informed the Exchange about Intimation of appointment of Secretarial Auditor and Internal Auditors
LGEINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LG Electronics India Limited held its Board meeting on May 21, 2026, approving the financial results for Q4 and the financial year ended March 31, 2026. The company reported revenue from operations of ₹246,049 million for FY2026, relatively flat compared to ₹243,666 million in FY2025. However, profit for the year declined significantly to ₹16,851 million from ₹22,033 million in the previous year, a drop of about 23.5%. EPS also declined from ₹32.46 to ₹24.83. The Board approved the appointment of M/s. Dhananjay Shukla & Associates as Secretarial Auditor for 5 years (subject to shareholder approval) and appointed three Internal Auditors for FY2026-27. Statutory auditors Price Waterhouse Chartered Accountants LLP gave an unmodified opinion on the annual audited financial results.
The profit decline despite stable revenue may concern investors, though the clean audit opinion provides assurance on financial reporting integrity. The appointment of multiple internal audit firms suggests enhanced internal controls.