LG Electronics India posts strongest quarterly growth

LG Electronics India reported its strongest quarterly performance since listing in Q1 FY27, with revenue rising 15.5% to Rs 72.33 billion. EBITDA grew 26.2% to Rs 9.04 billion, expanding margins to 12.5%, while profit after tax surged 27.2% to Rs 6.53 billion. Growth was broad-based across televisions, refrigerators, air conditioners and washing machines, supported by premiumisation and strong consumer demand.

Home Entertainment led the performance, with revenue rising 22.3% and EBIT margins expanding to 19%. Home Appliances & Air Solutions revenue grew 13.6%. Managing Director Hong Ju Jeon said the results reflected India’s shift towards premium, technology-led and energy-efficient products. The company expects further momentum from the festive season, B2B expansion, exports and new capacity at Sri City, while managing geopolitical and commodity pressures through localisation and calibrated pricing.