LG Electronics India reported a remarkable 672% sequential increase in profit after tax (PAT) for Q4FY26, reaching Rs 693 crore, alongside a 96% quarter-on-quarter rise in topline to Rs 8,078 crore. This performance marks the company's highest-ever quarterly results, driven by strong demand recovery and premiumization across product categories.
The company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) margin stood at 11.7% in Q4FY26, reflecting robust operational efficiency. Despite challenges such as rupee depreciation and elevated commodity prices affecting year-on-year EBITDA margins, LGE India maintained market leadership in key product segments including large panel TVs, French-door refrigerators, and 5-star-rated air conditioners.
For the full fiscal year FY26, LG Electronics India reported revenue from operations at Rs 24,605 crore, marking a 1% year-on-year increase. The company attributed its strong quarterly performance to broad-based demand recovery and continued momentum in premiumization.
“The strong quarterly performance was driven by broadbased demand recovery across categories, and continued premiumization momentum led by large panel TVs, French-door refrigerators, fully automatic washing machines, and 5-star-rated air conditioners.”
LGE India Media Release
Managing Director Hong Ju Jeon highlighted the company's strategic focus on 'Make-in-India, Make-for-India and Make-India-Global', which has been pivotal in navigating macroeconomic uncertainties and expanding its market reach. The new Essential Series range is set to be exported to 22 countries in FY27, underscoring the company's commitment to global expansion.
Looking ahead, LG Electronics India is poised to capitalize on emerging opportunities in the Indian market, leveraging its strong brand presence and innovative product offerings. The company's focus on premiumization and customer-centric growth strategies positions it well for sustained success in the coming years.
“The company remains focused on customers, premiumisation and calibrated growth initiatives to navigate macroeconomic uncertainties.”
Hong Ju Jeon, Managing Director, LG Electronics India
Background
LG Electronics India has consistently focused on premiumization and innovation to maintain its market leadership. The company's strategic initiatives, including local manufacturing and global expansion, have positioned it well to navigate economic challenges and capitalize on growth opportunities.
Looking ahead, LG Electronics India is poised to capitalize on emerging opportunities in the Indian market, leveraging its strong brand presence and innovative product offerings. The company's focus on premiumization and customer-centric growth strategies positions it well for sustained success in the coming years.
