LG Electronics India Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant 19.5% year-on-year growth in revenue from operations, reaching ₹73.80 billion for Q2 FY27. This growth was attributed to strong performance across Home Appliances & Air Solution and Home Entertainment segments, complemented by an expanding export business and a robust festive season outlook.
LG Electronics India Announces Strong Q2 FY27 Performance
LG Electronics India Limited has released its unaudited financial results for the second quarter and the first half of the fiscal year 2027, ending September 30, 2026. The company showcased a robust growth trajectory, highlighted by a 19.5% year-on-year increase in revenue from operations, which stood at ₹73.80 billion for the quarter.
Key Financial Highlights
The Q2 FY27 performance indicates a second consecutive quarter of double-digit growth, driven by both volume and value. The EBITDA margin saw an expansion of 63 basis points year-on-year, reaching 9.5%, despite facing elevated commodity prices and currency depreciation. This profitability was supported by operating leverage and a richer product mix, including premium offerings.
Performance by Segment
The Home Appliances & Air Solution segment reported a revenue growth of 20.9% year-on-year, with strong traction from Washing Machines, Refrigerators, and RACs, alongside breakout growth in Dishwashers. The segment’s EBIT margin was 8.7%.
The Home Entertainment segment also experienced significant growth, with revenue increasing by 17.2% year-on-year. Televisions led this momentum, supported by B2B business growth. The EBIT margin for this segment was 12.9%.
Future Outlook and Growth Strategies
Looking ahead to the festive season, LG Electronics India is optimistic about continued strong consumption across segments. The company plans to leverage its expanded premium portfolio, including the LG Essential range and newly launched Chest Freezers. The upcoming Sri City plant is expected to commence operations in Q3 FY27, enhancing localization and supporting domestic and export demand. LG India reaffirms its FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin.
Key growth strategies include strengthening market leadership through category expansion and a focus on premium products. Initiatives under ‘Make In India’ and ‘Make For India’ aim to bolster manufacturing capabilities and product offerings. Globally, LG is positioning India as a preferred export hub.
Source: BSE
