LG Electronics India Limited Earnings Summary — Q1 FY2027
LG Electronics India Delivers 27% Profit Growth in Q1 FY2027 Led by Strong Home Appliances Performance
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 10.2% sequentially in Q1 FY2027.
- Revenue of ₹7,233 Cr is 15.5% higher year-on-year.
- Revenue has compounded at 10.1% annualised over the last 10 quarters.
- Net profit of ₹653 Cr is 27.2% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 12.0% annualised across the period.
- Operating margin stands at 12.5% in Q1 FY2027.
- Operating margin expanded by 106 bps year-on-year.
- PBT margin is 12.1%.
- Expense growth of 14.1% remained below revenue growth of 15.5%.
- Operating profit of ₹904 Cr is 26.2% higher year-on-year.
- Operating leverage continues to improve.
- 3 of the last 4 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 60/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2019 | Q4 FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Volatile | 7,233 | 8,054 | 4,114 | 6,174 | 6,263 | 7,448 | 4,396 | 6,114 | — | — |
| Expenses | Improving | 6,329 | 7,108 | 3,918 | 5,626 | 5,547 | 6,400 | 4,055 | 5,357 | — | — |
| Operating Profit | Volatile | 904 | 945 | 196 | 548 | 716 | 1,048 | 340 | 757 | — | — |
| Operating Margin | Volatile | 12.5% | 11.7% | 4.8% | 8.9% | 11.4% | 14.1% | 7.7% | 12.4% | — | — |
| Other Income | Improving | 95 | 101 | 76 | 80 | 74 | 67 | 79 | 67 | — | — |
| Interest | Improving | 9 | 14 | 9 | 9 | 9 | 9 | 9 | 7 | — | — |
| Depreciation | Stable | 112 | 102 | 111 | 93 | 90 | 97 | 90 | 97 | — | — |
| Profit Before Tax | Volatile | 878 | 931 | 152 | 525 | 692 | 1,010 | 321 | 720 | — | — |
| Tax | Volatile | 225 | 238 | 62 | 135 | 179 | 256 | 87 | 184 | — | — |
| Net Profit | Volatile | 653 | 693 | 90 | 389 | 513 | 755 | 233 | 536 | — | — |
| Net Margin | Volatile | 9.0% | 8.6% | 2.2% | 6.3% | 8.2% | 10.1% | 5.3% | 8.8% | — | — |
Key Takeaways
- Revenue from operations grew 15.5% YoY to ₹72,333.50 million, primarily driven by the Home Appliances and Air Solution division.
- Net profit surged 27.2% YoY to ₹6,528.63 million, reflecting significant margin expansion despite a sequential decline from Q4 FY26.
- The Home Appliances and Air Solution segment remains the dominant contributor, generating ₹55,767 million in quarterly revenue.
- Operating margins (PBT basis) improved to 11.1% from 9.9% in the same quarter last year, showing strong cost control and premiumization trends.
- Home Entertainment division (TVs) contributed ₹16,567 million to revenue, showing stable performance in the premium panel market.
- The company maintains a healthy balance sheet with total assets reaching ₹148,993 million as of June 30, 2026.
Management Guidance
Management is pivoting toward an 'AI Home' ecosystem, focusing on ecosystem stickiness and expanding B2B revenue contributions. There is a strategic emphasis on maintaining #1 market positions in washing machines, refrigerators, and OLED televisions while managing supply chain risks.
Sentiment Shift
Improving
Year-on-year profitability and revenue growth remain robust, indicating strong market share retention despite seasonal sequential softening.
Outlook
The company is transitioning toward a potential IPO and expects continued demand driven by India's discretionary consumption and premiumization trends, supported by its proprietary ThinQ AI platform.
From the Annual Report (Key Quotes)
“The management has exercised necessary diligence to ensure that the unaudited financial results provide a true and fair view of the Company's affairs.”
“LGEIL is currently transitioning from a subsidiary model to a listed entity, reflecting its strategic importance to the South Korean parent.”
Official Quarterly Documents
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This summary is AI-generated from LG Electronics India Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.