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LG Electronics India shares jump after Q1FY27 earnings beat
In Q1FY27, consolidated revenue rose 15.5% year-on-year to ₹ 7,233 crore, while EBITDA grew 26.2% to ₹ 904 crore and margins expanded 106 basis points.
LG Electronics India’s stock jumped about 10% on Friday after the company reported its June-quarter results, lifting the shares above ₹ 1,700 for the first time since the stock began trading in October, according to LiveMint Markets. The earnings print helped revive expectations that an earlier profit slump through FY26 may be easing. In Q1FY27, consolidated revenue increased 15.5% year-on-year to ₹ 7,233 crore, while EBITDA rose 26.2% to ₹ 904 crore, with margins expanding by 106 basis points as staff cost growth and other expenses slowed. LiveMint Markets said the prior year’s performance was pressured across every quarter of FY26, with margins weighed down by commodity inflation, currency headwinds, geopolitical challenges, and higher festive spending aimed at gaining market share amid weak summer-led demand. For Q1FY27, the outlet attributed the improvement to a richer product mix, calibrated price hikes, and operating leverage that more than offset higher commodity costs. The home entertainment division led the gains, with revenue up 22% to ₹ 1,656 crore and Ebit rising nearly 50% to ₹ 316 crore, implying a 341-basis-point expansion in Ebit margin, while LG’s Essential Series was also gaining traction in tier-II and tier-III cities and has sold more than 0.5 million units in the first six months of 2026.