05-Nov-2026 11:25:50
LG ELECTRONICS INDIA Q2 FY27: REVENUE UP 19.5% YOY TO ₹7,380 CR, PAT JUMPS 25.7%, EBITDA RISES 28%; REAFFIRMS FY27 MID-TEEN GROWTH GUIDANCE, SRI CITY PLANT TO START Q3 FY27
• FY27 Guidance: Reaffirmed mid-teen revenue growth and early double-digit EBITDA margin targets. • Home Appliances & Air Solutions: Revenue grew 20.9% YoY to ₹4,772 Cr, driven by washing machines, refrigerators and air conditioners. • Home Entertainment: Revenue increased 17.2% YoY to ₹2,608 Cr, supported by strong television demand and record-high offline market share. • H1 FY27 Performance: Revenue up 17.5% to ₹14,613 Cr; EBITDA up 27.9% to ₹1,616 Cr; PAT rose 26.5% to ₹1,142 Cr. • Sri City Expansion: Third manufacturing plant expected to commence compressor production in Q3 FY27, supporting localisation and capacity expansion. • Automotive Entry: Entering Vehicle Solutions B2B segment with in-vehicle infotainment and telematics products manufactured at Sri City. • Export Expansion: Entered over 20 new countries since IPO, positioning India as a key global export hub. • Premium Products: Expanding Mini LED TVs, French Door refrigerators, dishwashers and energy-efficient ACs. • Management Outlook: Positive on festive and wedding season demand, premiumisation, exports and B2B expansion, while monitoring commodity and currency pressures.
LG ELECTRONICS INDIA LTD