LG Electronics India Q1 Results: PAT rises 27% YoY to Rs 653 crore; revenue up 15%

Household appliances maker LG Electronics India reported a marginal 27.2 % year-on-year rise in profit after tax (PAT) at Rs 653 crore for the first quarter of FY27 (Q1FY27), compared with Rs 513 crore reported in the same quarter of the previous fiscal year.

The company’s revenue from operations for the quarter stood at Rs 7,233 crore, up 15.5% year-on-year from Rs 6,262 crore in Q1FY26.

EBITDA increased 26.2% year-on-year to Rs 904 crore in Q1FY27, from Rs 716 crore in the year-ago quarter.

EBITDA margin expanded 106 basis points year-on-year to 12.5%, from 11.4% in Q1FY26, driven by operating leverage at higher volumes, premium mix and strong Home Entertainment demand.

Televisions were the highlight of the quarter, driven by a shift towards larger screens and premium technologies. OLED and QNED strengthened the company’s premium mix, while a sports event accelerated upgrade demand. The company said proactive launches helped maximise the opportunity.

The ID business also maintained strong momentum, supported by government and institutional orders.

Growth was broad-based across categories, with washing machines delivering robust growth alongside strong compressor-based demand. Premium large-capacity products, including French Door and SBS refrigerators, 8kg+ washing machines and dishwashers, recorded standout growth, while the LG Essential range scaled across volume markets.Exports also delivered growth, complementing domestic demand and supported by a growing consumer shift towards feature-rich, higher-value and energy-efficient products.

Shares of LG Electronics India settled with marginal gains of 0.07% at ₹1,578.50 apiece on the BSE on Thursday, August 13.

LG Electronics Outlook

LG Electronics India said it remains constructive on the outlook for FY27, with demand momentum intact across segments, supported by a strengthening product mix, export ramp-up and the scale-up of its B2B and AMC businesses.

“While geopolitical and macroeconomic headwinds continue, we are actively protecting our margin trajectory through pricing discipline, operational efficiencies, and localization,” the company said.

The company said its diversified growth engines and execution capabilities reinforce its confidence in delivering performance ahead of its FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin.