LG Electronics India announced an 8% year-on-year decrease in net profit to Rs 693 crore for the March quarter of FY26. This decline contrasts with the Rs 755 crore net profit recorded in the same period of the previous financial year. Despite the annual drop, the profit after tax saw a significant 672% increase sequentially, reaching Rs 90 crore from the December quarter of FY26.
Revenue from operations in the quarter climbed 8% year-on-year to Rs 8,054 crore, up from Rs 7,448 crore in Q4 FY25. Sequentially, revenue surged by 96%, rising from Rs 4,114 crore in Q3 FY26. LG Electronics India attributed this strong quarterly performance to a broad-based demand recovery and the increasing premiumization trend in various product categories such as large-panel televisions, French-door refrigerators, fully automatic washing machines, and 5-star-rated air conditioners.
In its official statement, LG Electronics India highlighted that it maintained market leadership across crucial product segments during the quarter. The company also disclosed an EBITDA margin of 11.7% in Q4 FY26, marking its best quarterly performance to date. Despite the impact of rupee depreciation and high commodity prices on year-on-year EBITDA margins, LG Electronics India expressed optimism about margin enhancement in the future.
For the full financial year 2026, revenue from operations totaled Rs 24,605 crore, showing a modest 1% year-on-year growth. Managing Director of LG Electronics India, Hong Ju Jeon, commended the company for achieving its highest-ever quarterly revenue amid a challenging global landscape. Jeon emphasized LG’s commitment to customer-centric innovation, premiumization, and strategic growth approaches to navigate macroeconomic uncertainties. Additionally, LG’s “Make-in-India, Make-for-India, and Make-India-Global” strategy will guide its expansion efforts, with the new Essential Series range set to be exported to 22 countries in FY27.
