Home / Business and Economy / LG India Sees Profit Soar 27% in Q1 FY27
LG India Sees Profit Soar 27% in Q1 FY27
13 Aug
Summary
- Net profit increased by 27% to Rs 653 crore in Q1 FY27.
- Revenue saw a 15.5% rise, reaching Rs 7,233 crore in the quarter.
- EBITDA grew 26% to Rs 904 crore, with margins expanding.
LG Electronics India has reported its first-quarter financial results for fiscal year 2027, indicating a period of substantial growth. The company's net profit saw a notable increase of 27%, climbing to Rs 653 crore compared to Rs 513 crore in the same period last fiscal year.
Revenue for the quarter ending June 30, 2026, advanced by 15.5% to Rs 7,233 crore, up from Rs 6,263 crore in the prior year's corresponding quarter. Operational performance was equally strong, with EBITDA rising by 26% to Rs 904 crore. This growth was accompanied by an expansion in EBITDA margin, which increased to 12.5% from 11.4% year-on-year.
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