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LG Electronics India Q4 results: Net profit dips 8% YoY; rising commodity prices, falling rupee impact margin
Sanjeev Kumar | May 22, 2026 2:22 AM CST

LG Electronics India reported a consolidated net profit of ₹693 crore on Thursday, May 21, for the fourth quarter of the financial year 2025-26 (Q4 FY26), marking a decrease of 8% from ₹755 crore in the same period last year.

The company's revenue from operations, however, grew 8% to ₹8,054 crore in the January-March quarter as compared to ₹7,448 crore in the corresponding quarter of the previous fiscal year.

The subsidiary of South Korean consumer electronics giant LG Electronics Inc.'s earnings before interest, taxes, depreciation, and amortisation (EBITDA) slipped 10% annually to ₹946 crore as against ₹1,048 crore in Q4 FY25.

LG Electronics India's operating profit margin contracted to 11.75% from 14.07% annually.

The company said its year-on-year EBITDA margins were impacted by rupee depreciation and elevated commodity prices. It added that it remains optimistic about margin improvement, supported by continued focus on cost discipline, localisation and operational efficiency.

Furthermore, the company said its strong quarterly performance was driven by broad-based demand recovery across categories, along with continued premiumisation momentum led by large-panel TVs, French-door refrigerators, fully automatic washing machines and 5-star-rated air conditioners.

Commenting on the earnings, LG Electronics India Managing Director Hong Ju Jeon said, "I am happy to highlight that LG Electronics India has delivered its highest ever quarterly revenue in Q4 FY26, a testament to the strength of our brand and the resilience of our business model. Despite a complex global environment, LGE India has remained customer-focused, agile, and growth-orientated. We are navigating these macro challenges with calibrated actions and continued investment in premiumisation to ensure that LGE India is well-positioned to lead this transition."

Segment performance

LG's Home Appliance (H&A) segment delivered revenue of ₹6,516 crore in Q4 FY26, growing 5.7% YoY. The segment reported an EBIT of ₹775 crore in Q4 FY26 as compared to ₹888 crore in Q4 FY25 with an EBIT margin of 11.9% in Q4 FY26.

"EBIT margin performance in Q4 FY26 was affected by rising commodity costs, rupee depreciation, and strategic channel investments made to support new product introductions. These cost pressures are expected to ease as geopolitical uncertainties stabilise. However, the market recovered strongly post mid-April rainfall disruptions, with heatwave conditions driving robust compressor-based product demand," LG said in a statement.

The Home Entertainment (HE) category also witnessed strong revenue growth of 19.6% YoY, with revenue reaching ₹1,537 crore in Q4 FY26.

LGE India maintained its leadership in the premium TV category, with OLED market share at 60.0% as of YTD March 2026. The segment reported an EBIT of ₹206 crore in Q4 FY26 as compared to ₹209 crore in Q4 FY25 with an EBIT margin of 13.4% in Q4 FY26.

Outlook for FY27

LG Electronics India outlined its FY27 strategy, stating that exports of its Essential Series are expected to reach 22 countries across Asia, the Middle East and Africa in 2026. The company said it will focus on a two-track approach by expanding its premium portfolio while strengthening the LG Essential line-up, supported by new product launches across categories.

The company added that it will continue to strengthen its B2B business by leveraging opportunities arising from India's expanding infrastructure. It also plans to expand production capacities to cater to future domestic and overseas demand.

Established in 1997, LG Electronics India is a formidable brand in the country that operates in various segments, including home appliances, consumer electronics, IT hardware and HVAC systems.

On Thursday, shares of LG Electronics India closed at ₹1,530.20 apiece on the National Stock Exchange, rising 0.41%.


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