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LG Electronics India's Consolidated Profit Slips in Fiscal Q4

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LG Electronics India's (NSE:LGEINDIA, BOM:544576) profit declined to 6.93 billion Indian rupees in the fiscal fourth quarter ended March 31, from 7.55 billion rupees a year ago.

Earnings per share contracted to 10.21 rupees from 11.12 rupees a year earlier, the consumer electronics company said in a filing to the Indian stock exchanges. The EPS was lower than the 11.29 rupees estimated by the analysts polled by Visible Alpha.

Revenue from operations in fiscal Q4, however, increased to 81.5 billion rupees from 74.5 billion rupees a year ago. This was a tad lower than Visible Alpha's estimate of 81.0 billion rupees.

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