Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

LG Electronics India Q1 Net Profit Jumps 27.2 Per Cent To ₹652.86 Crore, Revenue Rises 15.5 Pc

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…

LG Electronics India Q1 Net Profit Jumps 27.2 Per Cent To ₹652.86 Crore, Revenue Rises 15.5 Pc

LG Electronics India reported a 27.2% increase in net profit to ₹652.86 crore for Q1 FY27, up from ₹513.25 crore in the same quarter of the previous year. Revenue from operations grew by 15.5% to ₹7,233.35 crore, up from ₹6,262.94 crore. The company attributed its strong performance to volume and value growth, driven by feature-rich, higher-value, and energy-efficient products.

EBITDA margin expanded by 106 basis points to 12.5%, driven by operating leverage at higher volumes, a premium mix, and strong Home Entertainment demand. Total expenses grew 14.25% to ₹6,450 crore. The Home Appliance and Air Solutions segment revenue increased by 13.61% to ₹5,576.69 crore, while the Home Entertainment segment saw a 22.28% rise to ₹1,656.65 crore.

Despite geopolitical and macroeconomic headwinds, LGEI remains confident in delivering performance ahead of its FY27 targets.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

More from Thursday 13 August →