LG Electronics India Q1 profit rises about 27% as revenue and margins improve

New Delhi, August 13, 2026: LG Electronics India, one of the leading appliance and consumer electronics makers, on Thursday reported a 27.2 per cent rise in its net profit to Rs 652.86 crore for the June quarter of FY27.The company had earned a net profit of Rs 513.25 crore a year ago, according to a regulatory filing by LG Electronics India (LGEI) Ltd.Its revenue from operations rose 15.5 per cent to Rs 7,233.35 crore in the June quarter of FY27. It was Rs 6,262.94 crore in the year-ago period.The company “delivered strong quarterly performance since listing, with revenue from operations in Q1 FY27 driven by volume- and value-led growth”, LGEI said in its earnings statement.Moreover, its exports also delivered growth, complementing domestic demand, supported by the growing consumer shift towards feature-rich, higher-value and energy-efficient products, it added.Margin Expansion Supports Growth“EBITDA margin expanded by 106 bps year-on-year to 12.5 per cent, driven by operating leverage at higher volumes, premium mix and strong Home Entertainment demand,” it said.Total expenses of LGEI grew 14.25 per cent to Rs 6,450 crore in the first quarter.In the June quarter, LG Electronics India’s revenue from the Home Appliance and Air Solutions (H&A) segment climbed 13.61 per cent to Rs 5,576.69 crore. It was Rs 4,908.23 crore in the year-ago period.Its H&A business includes air conditioners, refrigerators, microwave ovens, washing machines, dishwashers, compressors, HVAC products, water purifiers and air purifiers.Home Entertainment Records Strong GrowthIts Home Entertainment (HE) segment revenue grew 22.28 per cent year-on-year to Rs 1,656.65 crore in Q1 FY27.The HE segment includes televisions (flat-panel TVs, signage, projectors and monitor TVs), audio-visual products, monitors and personal computers.LGEI’s total income, which includes other income, increased 15.63 per cent to Rs 7,328.08 crore in the June quarter.FY27 Outlook Remains PositiveOn the FY27 outlook, LGEI said demand momentum remained intact across segments, anchored by a strengthening product mix, export ramp-up and the scale-up of its B2B and annual maintenance contract (AMC) businesses.“While geopolitical and macroeconomic headwinds continue, we are actively protecting our margin trajectory through pricing discipline, operational efficiencies and localisation.Also Watch: LG Display Reports Q2 Net Loss As One-Off Voluntary Retirement Costs Weigh On Earnings & Premium; OLED Strategy Drives Long-Term Growth“Our diversified growth engines, combined with our proven execution capabilities, reinforce our confidence in delivering performance ahead of our FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin,” it said.Shares of LG Electronics India Ltd on Thursday settled at Rs 1,578.50 apiece on the BSE, up 0.07 per cent from the previous close.(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

Household appliances maker LG Electronics India reported a marginal 27.2 % year-on-year rise in profit after tax (PAT) at Rs 653 crore for the first quarter of FY27 (Q1FY27), compared with Rs 513 crore reported in the same quarter of the previous fiscal year.The company's revenue from operations for the quarter stood at Rs 7,233 crore, up 15.5% year-on-year from Rs 6,262 crore in Q1FY26.EBITDA increased 26.2% year-on-year to Rs 904 crore in Q1FY27, from Rs 716 crore in the year-ago quarter.EBITDA margin expanded 106 basis points year-on-year to 12.5%, from 11.4% in Q1FY26, driven by operating leverage at higher volumes, premium mix and strong Home Entertainment demand.Televisions were the highlight of the quarter, driven by a shift towards larger screens and premium technologies. OLED and QNED strengthened the company's premium mix, while a sports event accelerated upgrade demand. The company said proactive launches helped maximise the opportunity.The ID business also maintained strong momentum, supported by government and institutional orders.Growth was broad-based across categories, with washing machines delivering robust growth alongside strong compressor-based demand. Premium large-capacity products, including French Door and SBS refrigerators, 8kg+ washing machines and dishwashers, recorded standout growth, while the LG Essential range scaled across volume markets.Exports also delivered growth, complementing domestic demand and supported by a growing consumer shift towards feature-rich, higher-value and energy-efficient products.Shares of LG Electronics India settled with marginal gains of 0.07% at ₹1,578.50 apiece on the BSE on Thursday, August 13.LG Electronics OutlookLG Electronics India said it remains constructive on the outlook for FY27, with demand momentum intact across segments, supported by a strengthening product mix, export ramp-up and the scale-up of its B2B and AMC businesses.“While geopolitical and macroeconomic headwinds continue, we are actively protecting our margin trajectory through pricing discipline, operational efficiencies, and localization,” the company said.The company said its diversified growth engines and execution capabilities reinforce its confidence in delivering performance ahead of its FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin.

LG Electronics India reported 27% surge in net profit for the quarter ended on June 30 to Rs 653 crore from Rs 513 crore in the corresponding period last year.