MADURAI – 6 Nov, 2026 Madurai: LG Electronics India Limited (LGE India) announced its Q2 FY27 financial results, delivering its second consecutive quarter of double-digit growth. Revenue from operations increased 19.5% year-on-year to ₹73.80 billion, while EBITDA grew 28% to ₹7.01 billion, with margins improving to 9.5%. Profit After Tax (PAT) rose 25.7% to ₹4.89 billion. For H1 FY27, revenue grew 17.5% to ₹146.13 billion and PAT increased 26.5% to ₹11.42 billion.
Hong Ju Jeon, Managing Director, LG Electronics India Limited, said the strong performance reflects growing consumer demand, premiumisation and deeper market penetration. He highlighted the company's focus on its three-pillar strategy of Make-in-India, Make-for-India and Make-India-Global, along with its expansion into the B2B automotive sector through Vehicle Solutions, including In-Vehicle Infotainment (IVI) and telematics solutions. These products will be manufactured at the company's third plant in Sri City, Andhra Pradesh.
The Home Appliances & Air Solution (H&A) segment recorded its highest quarterly growth since listing, with revenue increasing 20.9% to ₹47.72 billion, driven by washing machines, refrigerators and air conditioners. The Home Entertainment (HE) segment recorded 17.2% growth to ₹26.08 billion, marking its third consecutive quarter of double-digit growth. Looking ahead, LG Electronics India reaffirmed its FY27 targets of mid-teen revenue growth and an early double-digit EBITDA margin, supported by festive demand, premium product expansion, exports to over 20 new countries since its IPO and the upcoming commencement of operations at its Sri City plant in Q3 FY27.