LG Electronics India reported strong growth in the April-June quarter, with revenue rising 15.5% to ₹7,233 crore.
Premium products, exports and demand for televisions, washing machines, ACs and refrigerators supported performance.
Highlights
- LG Electronics India’s Q1 FY27 net profit rose 27.2% to ₹653 crore.
- Revenue increased 15.5% to ₹7,233 crore during April-June.
- Premium demand helped deliver double-digit growth across every category.
- Televisions and washing machines led growth, while ACs and refrigerators benefited from summer demand.
- The company plans to expand its premium, B2B and export businesses.
- New production capacity at Sri City is progressing according to plan.
LG Electronics India delivered strong growth in the first quarter of FY27, supported by rising demand for premium consumer electronics and home appliances.
The company’s net profit increased 27.2% to ₹653 crore during the April-June quarter. Revenue rose 15.5% to ₹7,233 crore, with the company reporting double-digit growth across every product category.
Televisions and washing machines were among the key growth drivers during the quarter. Strong summer demand also supported sales of air conditioners and refrigerators.
LG Electronics India said the consumer durables market in India is witnessing a structural shift towards premium, technology-led and energy-efficient products. The company believes its portfolio is positioned to benefit from this trend.
Managing Director Hong Ju Jeon said profit grew at nearly twice the pace of revenue and every category contributed to the company’s performance. LG also said its export business continues to expand, while additional production capacity at Sri City is expected to further support growth.
Looking ahead, the company is preparing for the festive season covering Onam, Durga Puja and Diwali. It plans to strengthen its large-screen and premium television portfolio while maintaining momentum in washing machines and refrigerators.
LG is following a two-track product strategy in India. While expanding its premium offerings, it is also strengthening the LG Essential line-up through new launches across categories.
The company also sees opportunities in the business-to-business segment as infrastructure and institutional investment expand in India.
On the export front, LG plans to scale up shipments of large-capacity refrigerators to key international markets. Its Essential Series is also expected to widen its presence across Asia, the Middle East and Africa.
LG Electronics India said it remains confident of staying ahead of its FY27 target. The company is monitoring geopolitical developments and their potential impact on commodities, currencies and supply chains, while using localisation, calibrated pricing and operational efficiency to manage these pressures.
