On May 21, LG Electronics India revealed an 8% year-on-year drop in net profit, which amounted to ₹693 crore for the fourth quarter of FY26. In the same quarter last year, the company had reported a net profit of ₹755 crore. However, in a positive turn, profit after tax saw a remarkable sequential surge of 672%, jumping from just ₹90 crore reported in the previous quarter, highlighting a significant recovery in the company’s financial performance.
The company's revenue from operations also witnessed an 8% increase year-on-year, reaching ₹8,054 crore compared to ₹7,448 crore in Q4 FY25. On a sequential basis, revenue surged by 96% from ₹4,114 crore in Q3 FY26, indicating a strong rebound in demand across various product categories, including large-panel televisions and premium appliances.
- Market leadership maintained — LG continues to lead in key product segments.
- EBITDA margin at 11.7% — marking best-ever quarterly performance.
- Focus on innovation — Customer-centric strategies guide growth amid challenges.
Despite the year-on-year decline in net profit, LG Electronics India maintained its market leadership across key segments, supported by a broad-based recovery in demand. The company reported an impressive EBITDA margin of 11.7% for Q4 FY26, which represents its highest quarterly performance to date. However, the company acknowledged that year-on-year EBITDA margins were adversely affected by rupee depreciation and rising commodity costs.
In response to the evolving market landscape, Hong Ju Jeon, Managing Director of LG Electronics India, highlighted the company’s commitment to customer-centric innovation and premiumization strategies. He expressed confidence in the company’s ability to navigate macroeconomic uncertainties and announced that LG's “Make-in-India, Make-for-India and Make-India-Global” strategy would continue to steer its expansion plans. The company’s new Essential Series range is also set to be exported to 22 countries during FY27, reflecting LG’s ambitious growth trajectory in the coming years.
