Summary:
LG Electronics India reported a 25.7% year-on-year rise in Q2FY27 net profit to ₹489 crore, while revenue increased 19.5% to ₹7,380 crore. Appliance sales, premium products and larger televisions supported growth, alongside expansion into automotive technology and exports.
LG Electronics India (NSE: LGEINDIA) reported robust revenue and profit growth in Q2FY27, driven by increased appliance sales, premium products and consistent demand for home entertainment devices. The company is also branching out from consumer electronics into automotive technology, commercial displays and overseas markets.
Q2FY27 Results: Revenue up 19.5%, Profit up 25.7%
LG Electronics India posted operating revenue of ₹7,380 crore for the September 2026 quarter, up 19.5% year-on-year from ₹6,174 crore. Net profit in Q2FY26 rose 25.7% to ₹489 crore from ₹389 crore.
EBITDA grew 28% YoY to ₹701 crore, and EBITDA margin widened 63 bps to 9.5%. Higher sales volumes, premium products and operating efficiencies offset the impact of higher commodity prices and currency fluctuations, supporting profitability.
| Financial metric | Q2FY27 | Growth YoY |
| Revenue | ₹7,380 cr | +19.5% |
| EBITDA | ₹701 crore | +28.0% |
| EBITDA margin | 9.5% | +0.63% |
| Net Profit | ₹489 crore | 25.7% |
The September quarter was also the company’s second consecutive quarter of double-digit revenue growth.
Growth in Home Appliances and Premium Products
Home appliances and air solutions remained LG’s largest business segment. Segment revenue grew 20.9% YoY to around ₹4,772 crore, aided by demand for washing machines, refrigerators and air-conditioners.
Home entertainment revenue grew 17.2% to around ₹2,608 crore, its third consecutive quarter of double-digit growth. TVs larger than 55 inches accounted for more than half of TV revenue, a sign of stronger demand for bigger screens.
The company is growing its premium portfolio to include French-door refrigerators, high-capacity washing machines and advanced air-conditioning products.
Premium products usually come at a higher price and can increase profitability if demand is strong. But price-sensitive consumers are still a large segment of India’s appliance market.
Journey into Automotive Tech and Global Expansion
LG is gradually broadening its business beyond home appliances and entertainment products.
Its vehicle solutions business includes automotive displays, digital cockpits and telematics and connectivity systems. These products provide opportunities to sell technology to automobile manufacturers and other commercial customers.
The company also is expanding its business-to-business operations with commercial displays and information display solutions used in offices, retail spaces, hotels and public areas.
LG added 20 export destinations internationally since its IPO. Its manufacturing unit at Sri City offers a ready platform for domestic production and exports.
LG Electronics India Share Price Grabs Attention
LG Electronics India’s shares rose to ₹1,836 on November 5, 2026 after the company declared its quarterly results. The stock closed at ₹1,793.80 on November 9, up 1.22% in the day.
Some positive developments in the Q2 numbers:
- Still around 20% revenue growth.
- Net profit rose at a more rapid rate than revenue.
- Sales driven by large-screen televisions and premium appliances.
- More opportunities for growth in automotive technology and exports were created.
But profitability remains subject to moves in the price of raw materials, exchange rates and competition. Net profit also declined by around 25% QoQ from Q1FY27 despite strong YoY performance.
LG’s future performance hinges on sustained consumer demand, new manufacturing capacity, export growth and its ability to maintain margins as the business expands.
