LG Electronics India projects mid‑teen revenue growth and a double‑digit EBITDA margin for FY27, fueled by larger TV screens, premium home appliances, and strong festive‑season demand. The company posted a 15.5% revenue jump and a 27.2% profit surge in the June quarter.

Key Takeaways

  • LG Electronics India targets mid‑teen revenue growth for FY27
  • Bigger OLED/QNED TVs and premium appliances drive the momentum
  • Festive season and export orders provide additional support

Optimistic FY27 Outlook

LG Electronics India reaffirmed its FY27 guidance of mid‑teen revenue growth and a double‑digit EBITDA margin, citing robust demand for larger television screens, premium appliances, and the upcoming festive season.

In the June quarter, operating revenue rose 15.5% year‑on‑year to ₹7,233 crore, while profit after tax surged 27.2% to ₹653 crore. EBITDA grew 26.2% to ₹904 crore, expanding the margin from 11.4% to 12.5%.

Television sales jumped 22.3%, driven by consumer preference for larger OLED and QNED panels and a major sports event that accelerated upgrades. Early stocking ahead of Onam, Durga Puja and Diwali suggests the larger‑screen trend will continue.

The Home Appliances & Air Solutions division recorded a 13.6% sales increase, with strong demand for premium large‑capacity products such as French‑door refrigerators, 8 kg‑plus washing machines, and dishwashers. Monsoon‑driven consumption kept washing‑machine growth robust outside the traditional peak season.

Export orders and B2B operations added further lift, while the Information Display business posted its highest quarterly performance, backed by government and institutional contracts. New launches—including electronic blackboards and second‑generation Micro‑LED (MAGNIT)—are slated to sustain momentum.

Why This Matters

BozokMedia analysis shows that LG’s diversified growth strategy—spanning premium consumer electronics, B2B solutions, and export markets—positions it to outpace competitors in India’s rapidly evolving tech landscape.

"LG’s focus on larger OLED and QNED panels aligns perfectly with Indian consumers’ shift toward premium viewing experiences," says industry analyst Rajesh Kumar.
Did You Know?: OLED TV sales in India grew 40% in 2023, making it the fastest‑growing TV segment worldwide.

Frequently Asked Questions

  • What is the main driver behind LG’s FY27 growth? Larger-screen TVs, premium appliances, and festive‑season demand.
  • Will there be any price adjustments? Minor price increases are expected, but they will be calibrated to offset higher input costs.