Quarterly Result13 Aug 2026, 06:33 pm
LG Electronics India Reports Strongest Quarterly Growth Since Listing
AI Summary
LG Electronics India Ltd (LGE India) announced its strongest quarterly growth since listing, with Q1 FY27 revenue soaring 15.5% year-on-year to ₹72.33 billion. Profit after tax (PAT) surged 27.2% to ₹6.53 billion, outpacing revenue growth. This performance was driven by double-digit growth across all categories, particularly in televisions and washing machines, with strong summer demand boosting air conditioners and refrigerators. The Home Entertainment segment saw a 22.3% revenue increase, while Home Appliances & Air Solution grew by 13.6%. The company highlighted its three-pillar strategy and expansion in B2B and export markets, expressing confidence in exceeding FY27 targets.
Key Highlights
- Revenue grew 15.5% YoY to ₹72.33 billion in Q1 FY27.
- PAT increased 27.2% YoY to ₹6.53 billion, outpacing revenue.
- EBITDA margin expanded 106 bps to 12.5%.
- Double-digit growth achieved across all product categories.
- Strong performance driven by premium demand and category diversification.
Price Impact
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