LG Electronics India reported 27% surge in net profit for the quarter ended on June 30 to Rs 653 crore from Rs 513 crore in the corresponding period last year.
The current premature redemption window specifically applies to the Sovereign Gold Bond 2018-19 Series VI, which was issued by the RBI on behalf of the Government of India on Feb. 12.
The brokerage raises its revenue estimates for FY27/28E, led by stronger execution, higher order book visibility, improving export mix, margin normalisation and upgraded guidance.
