LG Electronics India Limited (LGEINDIA)
Intimation under Regulation 30 of SEBI LODR is attached.
Penalty order of INR 8.23 Cr levied for FY14 under Income Tax Act section 271(1)(c).
- Penalty follows ITAT order confirming tax adjustments on UP Govt incentive of INR 24.23 Cr.
- Company has appealed ITAT order at Delhi High Court.
- No substantial financial or operational impact expected.
- Company confident due to prior favorable ITAT rulings for FY03, FY04, FY07.
- Plans to appeal penalty order to appropriate authority.
Source: Original filing PDF
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🚨 LGEINDIA — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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