However, net profit declined 8.2% year-on-year to ₹693 crore compared with ₹755 crore in the same period last year.
Revenue from operations rose 8.1% year-on-year to ₹8,054 crore, driven by continued consumer demand and the company’s focus on premiumisation.
EBITDA dipped 9.8% to ₹945 crore from ₹1,048 crore a year earlier, while margins contracted to 11.7% from 14.1% due to rupee depreciation and elevated commodity prices.
Despite margin pressure, the company said it remained focused on cost discipline, localisation and operational efficiency.
It continues to strengthen its market position across categories while executing its three-pillar strategy of Make in India, Make for India and Make India Global.
On the B2B front, the information display business recorded strong growth, while the HVAC segment saw expansion in variable refrigerant flow and cassette AC offerings.
LG also highlighted that its advanced HVAC solutions are now operational at the Seva Teerth, the prime minister’s office building.
Looking ahead, LG Electronics India said its Essential Series will be exported to 22 countries across Asia, the West Asia and Africa in FY27.
The company is also pursuing a two-track strategy of expanding its premium portfolio and strengthening its mass market range, alongside capacity expansion to meet future demand.
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LG Electronics India Ltd closed at ₹1,527.30 on the NSE, up 0.22% or ₹3.40 in the session on 21 May.
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