Financial Performance Summary (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹73.80 billion, up 19.5% from ₹61.74 billion
  • EBITDA: ₹7.01 billion, up 28.0% from ₹5.48 billion
  • EBITDA margin: 9.5%, expanded 63 basis points from 8.9%
  • Profit after tax (PAT): ₹4.89 billion, up 25.7% from ₹3.89 billion

H1 FY27 Performance Summary

  • Revenue from operations: ₹146.13 billion, up 17.5% from ₹124.37 billion
  • EBITDA: ₹16.16 billion, up 27.9% from ₹12.64 billion
  • EBITDA margin: 11.1%, expanded 90 basis points from 10.2%
  • PAT: ₹11.42 billion, up 26.5% from ₹9.03 billion

Segment Performance Analysis

Home Appliances & Air Solution (H&A)

  • Revenue: ₹47.72 billion, up 20.9% YoY (highest growth since listing)
  • EBIT: ₹4.16 billion, up 28.4% YoY
  • EBIT margin: 8.7%, improved from 8.2% in Q2 FY26
  • Strong double-digit growth across washing machines, refrigerators, room air conditioners
  • Breakout growth in dishwashers
  • Expanded product range with Chest Freezers and French Door Refrigerators

Home Entertainment (HE)

  • Revenue: ₹26.08 billion, up 17.2% YoY (third consecutive quarter of double-digit growth)
  • EBIT: ₹3.37 billion, up 19.9% YoY
  • EBIT margin: 12.9%, improved from 12.6% in Q2 FY26
  • Record-high offline television market share
  • Strong growth in B2B Information Display business

Business Developments

  • Export expansion: Added 20 new countries since IPO with expanded product export portfolio
  • New business vertical: Entering Vehicle Solutions B2B segment with In-Vehicle Infotainment (IVI) products
  • Manufacturing: Products for Vehicle Solutions will be manufactured and supplied from 3rd plant at Sri City, Andhra Pradesh
  • Sri City plant expected to commence operations in Q3 FY27 with compressor manufacturing

Management Commentary

Mr. Hong Ju Jeon, Managing Director, stated: "We are proud to announce our second consecutive strong quarter results, culminating in a robust H1FY27. This performance reflects the broader strength of India's consumer durables industry, which continues to benefit from rising disposable incomes, growing aspiration for premium products and deepening penetration across metro and emerging markets. As LGE India completes its first year as a listed company, this performance reflects the trust our shareholders have placed in us and our commitment to creating long-term value for them."

FY27 Outlook and Guidance

  • Reaffirmed FY27 targets: mid-teen revenue growth and early double-digit EBITDA margin
  • Strong festive and wedding season positioning with channel readiness across key markets
  • Expanded television line-up including Mini LED TVs joining large-screen, QNED and OLED range
  • Energy-efficient ACs to continue driving growth momentum
  • Premium momentum expected in French Door refrigerators and dishwashers
  • India positioned as LG's preferred export hub
  • Commodity and currency trends remain key monitorables, being managed through localisation, calibrated pricing and operational efficiency

Additional Information

Document reference: LGEIL/CGC/2026-27/67

Submitted to: National Stock Exchange of India Limited and BSE Limited

Date of signing: November 05, 2026 at 11:15:53 IST