LG Electronics India Q4 FY26 net profit falls 8% to ₹693 crore
Synopsis
Key Takeaways
LG Electronics India reported an 8 per cent year-on-year decline in net profit to ₹693 crore for the March quarter (Q4 FY26), according to its stock exchange filing. The consumer electronics major had posted a net profit of ₹755 crore in the same quarter of the previous financial year.
Sequential Surge Offsets Annual Dip
Despite the year-on-year slip, the company's profit after tax surged 672 per cent sequentially from ₹90 crore recorded in Q3 FY26 (December quarter). Revenue from operations also climbed 8 per cent year-on-year to ₹8,054 crore, up from ₹7,448 crore in Q4 FY25. On a sequential basis, revenue nearly doubled, jumping 96 per cent from ₹4,114 crore in the preceding quarter.
Record EBITDA and Premiumisation Drive
LG Electronics India posted an EBITDA margin of 11.7 per cent in Q4 FY26, marking its best-ever quarterly performance on that metric. The company attributed the strong showing to broad-based demand recovery and rising premiumisation across product categories — notably large-panel televisions, French-door refrigerators, fully automatic washing machines, and 5-star-rated air conditioners. The company said it maintained market leadership across key product segments during the quarter.
Margin Pressures and Full-Year Picture
Year-on-year EBITDA margins were, however, weighed down by rupee depreciation and elevated commodity prices, the company noted, while expressing confidence in margin improvement going forward. For the full financial year FY26, revenue from operations stood at ₹24,605 crore, registering a modest 1 per cent year-on-year growth.
What the Management Said
Hong Ju Jeon, Managing Director of LG Electronics India, said the company delivered its highest-ever quarterly revenue despite a challenging global environment. Jeon said the company remains focused on 'customer-centric innovation, premiumisation and calibrated growth strategies to navigate macroeconomic uncertainties.' He added that LG's 'Make-in-India, Make-for-India and Make-India-Global' strategy continues to guide its expansion plans, with its new Essential Series range expected to be exported to 22 countries during FY27.
What to Watch
With commodity headwinds and currency volatility persisting, investors will track whether LG Electronics India can sustain its record EBITDA margins into Q1 FY27. The planned export push across 22 countries under the Essential Series could provide a fresh revenue lever beyond the domestic premium segment.