Electronics

IFB Industries posted a 23% drop in third-quarter net profit, reflecting margin pressure, rising input costs, and subdued demand in key domestic and international markets. The slowdown affected both its consumer appliances and engineering solutions divisions, highlighting the sensitivity of earnings to competitive intensity and commodity fluctuations. Despite near-term challenges, the company continues to invest in operational efficiency, product innovation, and expansion into high-potential segments.

Havells India Ltd. reported a measured yet resilient performance in the third quarter, with net profit rising 8 percent year-on-year to Rs. 300 crore, reflecting steady demand across core product categories and disciplined cost management. The electrical goods maker benefited from a gradual recovery in urban consumption, improved product mix, and operational efficiencies, even as input costs and competitive pressures persisted. Revenue growth remained broad-based, supported by strong traction in consumer durables and premium electricals.

Early industry chatter surrounding the Samsung Galaxy S26 Ultra points to a device that could push the boundaries of smartphone photography, artificial intelligence, and performance. While Samsung has yet to confirm any details, reports suggest the company is exploring meaningful hardware refinements alongside deeper AI integration to maintain its edge in the premium Android segment. The rumored changes reflect Samsung’s strategy of incremental yet impactful innovation, aimed at power users and professionals.

Electronics retailer Croma has announced its Republic Day sale, offering attractive discounts across a wide range of consumer electronics, including notable price reductions on the iPhone 17 lineup. The limited-period sale is aimed at tapping heightened festive demand as consumers look to upgrade smartphones, appliances, and digital devices at competitive prices. By combining upfront discounts with bank offers and exchange benefits, Croma is positioning the sale as a value-driven proposition in an increasingly competitive retail environment.

Samsung Electronics has launched a strategic upgrade plan for its home appliances in India, aiming to enhance customer experience, promote sustainability, and drive brand loyalty. The initiative allows consumers to trade in older appliances for the latest models, with incentives and flexible financing options. Analysts view this move as timely, given rising demand for energy-efficient, smart home appliances and India’s growing middle-class consumer base.

India’s electronics exports have crossed the Rs. 4 lakh crore milestone, marking a significant step in the country’s transition toward high-value manufacturing and export-led growth. The surge reflects the combined impact of production-linked incentive schemes, rising global demand for electronics and India’s expanding role in global supply chains. Smartphones, consumer electronics and electronic components led the growth, supported by strong investments from global and domestic players.

Samsung Electronics has expressed strong confidence in India’s growth potential for 2026, citing robust consumer demand, digital adoption, and an expanding technology ecosystem. The company plans to intensify investments in artificial intelligence (AI), R&D, and localized manufacturing to capture emerging opportunities across consumer electronics, smartphones, and enterprise solutions. Analysts note that Samsung’s bullish outlook aligns with India’s rising tech consumption, government initiatives supporting digital infrastructure, and the country’s evolving AI landscape.

India’s consumer electronics (CE) sector recorded a 9% decline in sales during April–December FY26, reflecting subdued consumer demand and rising inflationary pressures. Key segments, including TVs, home appliances, and audio devices, were impacted by shifting spending patterns, supply chain challenges, and cautious buyer sentiment. Industry analysts attribute the slowdown to a combination of high-interest rates, discretionary spending constraints, and softening rural demand, despite continued growth in online retail channels.

LG Electronics is making rapid progress on its manufacturing facility at Sri City, reinforcing its commitment to expanding production capacity in India. The project, which has moved swiftly through early construction and planning stages, reflects the company’s strategy to deepen localisation, strengthen supply chains, and cater to rising domestic demand for consumer electronics and home appliances. The facility is expected to play a key role in improving operational efficiency and reducing dependence on imports.

The Ministry of Electronics and Information Technology (MeitY) has initiated a routine consultation on mobile phone safety standards, aiming to ensure consumer protection and compliance with global benchmarks. The review encompasses radiation emission norms, battery safety, software security, and quality certification protocols for both domestic and imported devices. Officials emphasized that regular consultations help align regulatory frameworks with technological advancements while safeguarding public health.