Key Highlights:
Robust revenue growth from operations for Q2 FY27, grew 19.5% YoY to ₹73.80 billion
EBITDA at ₹7.01 billion, up 28.0% YoY, with margin expanding 63 bps to 9.5% despite commodity and currency headwinds
Strong growth in Profit after tax (PAT) at ₹4.89 billion, up 25.7% YoY
Balanced growth across volume and value, mass and premium segments, with record-high offline television market share
Home Appliances & Air Solution Segment: Highest growth since listing, with revenue up by 20.9% driven by strong double-digit growth across key categories
Home Entertainment Segment: Third consecutive quarter of double-digit growth, with revenue up 17.2% on a high base
Continues exports momentum, adding 20 new countries since the IPO, along with expansion of its product export portfolio
Diversifying into the high-growth automotive market with advanced Vehicle Solutions, creating new growth opportunities and strengthening our presence in the growing B2B sector
New Delhi, November 11, 2026 - LG Electronics India Limited (LGE India), India's leading consumer electronics brand, today announced results for the second quarter of FY27, delivering its highest year-on-year growth since listing and a second consecutive quarter of double-digit growth.
Financial Performance Summary (figures in INR billion)
Highlighting the results, Mr. Hong Ju Jeon, Managing Director, LGE India Limited, said, “We are proud to announce our second consecutive strong quarter results, culminating in a robust H1FY27. This performance reflects the broader strength of India’s consumer durables industry, which continues to benefit from rising disposable incomes, growing aspiration for premium products and deepening penetration across metro and emerging markets. As LGE India completes its first year as a listed company, this performance reflects the trust our shareholders have placed in us and our commitment to creating long-term value for them. Moving beyond consumer electronics, we are expanding our footprint in the rapidly evolving B2B sector, by entering a new B2B vertical, Vehicle Solutions. Our foundational three-pillar strategy—Make-in-India, Make-for-India, and Make-India-Global—will continue driving our ambitious growth trajectory across domestic and export markets.”
LGE India continues its growth momentum by delivering strong revenue from operations of ₹73.80 billion in Q2 FY27, up 19.5% over ₹61.74 billion in Q2 FY26. EBITDA rose 28.0% to ₹7.01 billion, with margin expanding 63 basis points to 9.5%, while profit after tax (PAT) grew 25.7% to ₹4.89 billion. Increased profitability was achieved despite elevated commodity prices, rupee depreciation and go-to-market investments to capture the upcoming festive season demand.
LGE India also announced its entry into a new B2B segment – Vehicle Solutions, In-Vehicle Infotainment (IVI). This initiative will bring LG Korea's key global B2B automotive business, including automotive infotainment and telematics solutions, to India. These products will be manufactured and supplied from LGE India’s 3rd plant at Sri City, Andhra Pradesh.
Category Performance
Home Appliances & Air Solution (H&A) delivered its highest quarterly growth since listing, with revenue of ₹47.72 billion, up 20.9% YoY. Strong double-digit momentum ran across major categories, with washing machines, refrigerators and room air conditioners leading the charge, while dishwashers delivered breakout growth. The company's two-track strategy delivered growth across both mass and premium segments, and the expanding LG Essential Series range, together with the newly launched Chest Freezers and French Door Refrigerators further widened its reach, strengthening market leadership across key categories.
Home Entertainment (HE) delivered revenue of ₹26.08 billion, up 17.2% YoY on a high base, marking the segment's third consecutive quarter of double-digit growth. Televisions led the momentum as consumers upgraded to larger screens and offline market share scaled to an all-time high, widening LG's lead in the category. The B2B Information Display business delivered strong growth, adding further depth to the segment's growth engines.
FY27 Outlook
Strong festive and wedding season positioning, with go-to-market investments made in Q2 ensuring channel readiness across key markets
Expanded television line-up: Mini LED TVs join the large-screen, QNED and OLED range, building on record-high television market share
Energy-efficient ACs to continue driving growth momentum
Premium momentum: French Door refrigerators and dishwashers expected to sustain growth as consumers shift towards premium, energy-efficient and larger-capacity appliances, while B2B continues to add resilience to margins
Export scale-up: India positioned as LG's preferred export hub, with over 20 new countries entered since the IPO
Sri City plant expected to commence operations in Q3 FY27 with compressor manufacturing, enhancing localisation and set to increase existing capacity for domestic and export demand
Backed by a strong H1 FY27 performance, LGE India reaffirms its FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin. While commodity and currency trends remain key monitorables, these are being actively managed through localisation, calibrated pricing and operational efficiency, and overall industry sentiment remains positive heading into the peak demand season.
