LG Electronics India Q4FY26: Revenue Crosses ₹8,000 Crore But Profit Falls 8%

LG Electronics India posted a mixed set of numbers for the March quarter, with revenue crossing the ₹8,000 crore mark for the first time but net profit falling as rupee depreciation and higher commodity costs squeezed margins.

Net profit for Q4FY26 came in at ₹693 crore, down 8.2% from ₹755 crore in the same quarter last year. Revenue from operations grew 8.1% year-on-year to ₹8,054 crore from ₹7,448 crore.

LG Electronics India shares were trading at ₹1,476.80 on 22 May at 10:48 AM, down -3.49%.

Key Q4 Numbers At A Glance

• Net profit: ₹693 crore, down 8.2% year-on-year (YoY).

• Revenue: ₹8,054 crore, up 8.1% YoY.

• Earnings Before Interest, Tax, Depreciation and Amortisation: ₹945.3 crore, down 9.8% YoY.

• Earnings Before Interest, Tax, Depreciation and Amortisation margin: 11.7% vs 14.1% in Q4FY25.

What Drove Revenue Growth

Demand held up across product categories in the quarter, with premiumisation playing a central role. Large-panel televisions, French-door refrigerators, fully automatic washing machines and 5-star-rated air conditioners all contributed to the revenue expansion.

The company described the recovery as broad-based rather than concentrated in any single segment.

What Hurt Profitability

The gains on the revenue side were offset by cost pressures outside the company's control. A weaker rupee raised the cost of imported components and raw materials, while elevated commodity prices added to the squeeze.

The result was a margin contraction of 240 basis points year-on-year despite the top-line growth.

What The Company Said

Hong Ju Jeon, Managing Director of LG Electronics India, said the company remained customer-focused and growth-oriented despite a complex global environment. He pointed to three strategic pillars shaping the business going forward, Make-in-India, Make-for-India and Make-India-Global. He added that the company's new Essential Series range, currently driving growth domestically, will be exported to 22 countries in FY27.

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Q3FY26 Context

The Q4 numbers represent a significant recovery from Q3FY26, when LG Electronics India reported a 61.6% year-on-year slump in net profit to ₹89.6 crore. Revenue in Q3 had fallen 6.4% to ₹4,114 crore and earnings before interest, tax, depreciation and amortisation had dropped 42.4% to ₹196 crore, with margin at just 4.8%.

The Q4 rebound reflects stronger seasonal demand and improved operational execution heading into the summer months.

Sources:

Business Standard

NDTV