LG Electronics India Delivers Strongest Quarterly Growth Since Listing; Revenue Up 15.5%, PAT Up 27.2%

LG Electronics India Delivers Strongest Quarterly Growth Since Listing; Revenue Up 15.5%, PAT Up 27.2%​

LG Electronics India Limited (LGE India) reported strong financial results for the first quarter of FY27, achieving the company's strongest quarterly growth since listing. The brand saw revenue from operations rise by 15.5%, while profit after tax (PAT) surged by 27.2%. Profitability expanded significantly, driven by a rich premium mix and improved operating leverage across all business segments.

The financial summary for Q1 FY27 reflects robust growth company-wide:


LGE India reported revenue from operations of ₹72.33 billion, a 15.5% increase compared to the ₹62.63 billion recorded in Q1 FY26. EBITDA rose by 26.2%, reaching ₹9.04 billion, and the EBITDA margin expanded 106 basis points (bps) to 12.5%. Profit after tax grew 27.2% to ₹6.53 billion, with profitability outpacing revenue growth.

The quarter was marked by widespread growth across every product category. Televisions saw a spike due to consumer demand for larger screens, while the Home Appliances and Air Solution segment benefited from premium upgrades in refrigerators and strong summer demand for air conditioners. Washing machines also performed strongly, capitalizing on peak season shifts.

Segment Performance Highlights​

The company’s performance was underpinned by success across its two major business segments:

Home Entertainment (HE)
The HE segment reported stellar results, with revenue hitting ₹16.57 billion, a 22.3% year-on-year increase. The growth in televisions was driven by a decisive shift toward larger screen sizes and premium OLED and QNED technologies, alongside accelerated demand from sporting events. The Information Display business maintained strong momentum through government and institutional orders. Segment EBIT rose 48.5% to ₹3.15 billion, with the EBIT margin expanding 336 bps to 19.0%.

Home Appliances & Air Solution (H&A)
The H&A segment recorded revenue of ₹55.77 billion, reflecting a 13.6% rise year-on-year. EBIT for this segment grew 13.8% to ₹6.42 billion, maintaining an EBIT margin of 11.5%. Growth in H&A was supported by premium formats such as French Door and Side-by-Side refrigerators and large-capacity washing machines. The LG Essential range also saw scaling across volume markets.

Management Commentary and Future Outlook​

Mr. Hong Ju Jeon, Managing Director of LG Electronics India Limited, highlighted the structural shift occurring in India's consumer durables market toward technology-led and premium products. He noted that the profit growth—nearly double the pace of revenue growth—demonstrates durable rather than seasonal growth across all categories.

Mr. Jeon stated that the export business to key global markets continues to strengthen. LG is committed to driving premiumization, scaling its B2B operations, and strengthening India's role as a manufacturing and export hub for the company.

Looking ahead toward FY27, LGE India is well-positioned for the festive season, with an expanded portfolio of large-screen and premium televisions. The two-track strategy—expanding the premium offering while reinforcing the LG Essential line-up—will continue. Additionally, the company is focusing on B2B expansion to leverage opportunities within India’s infrastructure and institutional investment cycle.

The company also confirmed that new production capacity at Sri City is progressing toward plan to meet future domestic and overseas demand, particularly for large-capacity refrigerators being supplied to Asia, the Middle East, and Africa. LGE India remains confident in staying ahead of its FY27 target while actively managing pressures related to commodities, currency, and supply chains through localization and operational efficiency.

LGEINDIA Stock Price Movement​

LG Electronics India Limited edged higher today, concluding trading at ₹1578.3 after gaining 0.08% in the post-market session. This slight gain came amid considerable activity, with a total of 404,196 shares being traded during the day.