LG Electronics India Profit Rises 25.6% as It Enters Vehicle Solutions
LG Electronics India lifted September-quarter net profit 25.6% and revenue 19.5%, and entered the B2B vehicle solutions business, according to Moody's.
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what happened
LG Electronics India's net profit for the September quarter rose 25.6% year on year, to 489 crore. Revenue from operations climbed 19.5%, to 7,380 crore, as demand strengthened in both mass-market and premium products. Moody's reported that the company also benefited from a low base, since sales in the prior-year quarter were disrupted by the shift to lower GST rates.
The company announced a new B2B segment covering vehicle solutions, including in-vehicle infotainment systems. These products will be made at its upcoming third plant in Sri City, Andhra Pradesh, which is set to start production with air-conditioner compressors by December. EBITDA rose 28%, to 701 crore, and the EBITDA margin widened by 63 basis points, to 9.5%, despite elevated commodity prices and rupee depreciation.
why it matters
The quarter shows the company keeping profitability intact while costs rise and the national currency weakens. Nearly half of the revenue growth came from higher volumes rather than price, which matters for judging how durable demand for home appliances in India is.
market impact
LG Electronics India shares: strong profit and margin growth supports the company's stock.
- LG Electronics India shares pressure up — stronger profit and margin growth improves the company's financial performance
tags
instruments
sources
- LG Electronics Posts 25% Jump in Profit, Enters B2B Vehicle Solutions — Moody's, 6 November 2026 at 04:17 UTC
- LG Electronics Posts 25.6% Profit Jump — Moody's, 6 November 2026 at 04:17 UTC
- LG Electronics Reports 25.6% Profit Jump, Enters B2B Vehicle Solutions — Moody's, 6 November 2026 at 04:17 UTC
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