This increase marked the largest annual jump since 2012, when the NTS began compiling such data. Companies with no net income now account for 44.5 per cent of all firms paying corporate taxes last year. The share had remained below 40 per cent until 2019 and first surpassed it in 2020.

Meanwhile, the number of firms earning over 10 billion won ($7.03 million) fell by 7.3 per cent to 3,776. This was the first decline in firms posting high net profits since records began. South Korea also recorded a tax revenue shortfall of 30.8 trillion won in 2024, following a 56.4 trillion-won deficit in 2023.

Foreign investment remained strong, especially by British investors, who traded 557.4 trillion won of South Korean stocks between January and August. Total foreign trading reached 1,247.7 trillion won ($889 billion), highlighting international interest despite domestic economic slowdown.

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The company disclosed contingent liabilities worth Rs 4,717 crore, nearly 73 percent of its net worth, mainly from disputed tax claims under litigation. Any negative outcome could reduce future earnings or require large provisions.

LG Electronics India pays a fixed royalty of 2.3 percent of net sales for most products and 2.4 percent for LCD TVs and monitors. The promoter can increase fees up to 5 percent without shareholder approval, potentially affecting profit margins. A Rs 315 crore contingent liability is linked to royalty payments to the promoter. Post-listing, the South Korean parent will retain an 85 percent stake, limiting minority shareholder influence on key decisions.

Despite these concerns, LG Electronics India has reported strong financials. For FY25, revenue stood at Rs 24,367 crore with net profit at Rs 2,203 crore. EBITDA margins were 12.8 percent. The company is debt-free, with revenue growing 10.9 percent annually over recent years, showing healthy profitability and operational strength.

The post InGovern Highlights Tax, Royalty Concerns in LG Electronics India IPO appeared first on India Podcast.

Setty praised SBI’s fast responses and high-quality services, which capital market leaders widely appreciated. He said the bank will not only provide banking solutions but also help shape India’s financial future.

SBI reported a 12.5% rise in net profit to Rs 19,160 crore for Q1 FY26, compared to Rs 17,035 crore last year. Operating profit grew 15.5% to Rs 30,544 crore. Investor confidence improved as BSE-listed companies reached a combined value of Rs 465 lakh crore, near last year’s peak.

The Reserve Bank of India’s potential easing and softening inflation supported market optimism. Strong performances from PSU, auto, bank, metal, and oil & gas sectors further boosted markets. Experts predict corporate earnings may grow above 15% in FY27 due to GST reforms, improving foreign investor sentiment.

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The brokerage noted that the recent GST reduction is unlikely to significantly boost Hyundai’s sales. High dependence on large SUVs, exports, and parts, which make up 70 per cent of revenue, may limit the benefit from tax changes.

Hyundai’s total sales declined by 4.23 per cent in August, with domestic sales dropping to 44,001 units from 49,525 units a year ago. Exports grew 21 per cent to 16,500 units, supporting overall performance. The company aims to strengthen India as its largest export hub outside South Korea.

Consolidated net profit for Q1 FY26 fell 8 per cent year-on-year to Rs 1,369.23 crore. While Hyundai continues expanding globally and supporting government initiatives like Make in India, near-term stock performance may remain under pressure.

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