LG Electronics India Reports Marginal YoY PAT Growth to Rs 653 Crore and 15% Increase in Revenue for Q1
LG Electronics India has reported a modest 1.4% year-on-year increase in profit after tax (PAT) for Q1FY27, totaling ₹653 crore, up from ₹513 crore in the same period last fiscal year. This growth occurs alongside a significant rise in operational revenue, which saw a robust 15.5% increase, reaching ₹7,233 crore compared to ₹6,262 crore in Q1FY26. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) also showed a year-on-year growth of 1.88%, rising to ₹904 crore and translating into an improved EBITDA margin of 12.5%, a 106 basis point expansion driven by enhanced operating leverage from increased volumes, a premium product mix, and sustained demand in the Home Entertainment segment.
The focus on televisions proved pivotal, as the shift towards larger screen formats and advanced technologies like OLED and QNED bolstered the premium segment. A notable surge in demand was also spurred by upcoming sports events, which incentivized consumer upgrades. The company’s proactive launch strategy within the living space, particularly in the ID business, maintained a strong momentum, supported by significant government and institutional orders. Broad-based growth across various categories has been observed, particularly in premium large-capacity appliances such as French Door refrigerators and 8kg+ washing machines, complemented by an upward trend in dishwasher sales.
Export performance has remained solid, bolstering domestic demand by meeting a consumer shift towards feature-rich and energy-efficient products. Following the quarterly results, LG Electronics India’s shares exhibited a slight increase of 0.07%, closing at ₹1,578.50 on August 13. The company expresses a positive outlook for FY27, anchored by sustained demand across market segments, continuous improvement in product differentiation, and increased focus on exports, as well as scaling B2B and AMC businesses.
Despite existing geopolitical and macroeconomic uncertainties, LG Electronics India is committed to safeguarding its margin trajectory through pricing discipline and operational efficiencies. The company remains confident in its diversified growth strategy, focusing on execution capabilities that position it favorably to meet FY27 targets, aiming for mid-teen revenue growth alongside achieving an early double-digit EBITDA margin.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)