Hong Ju Jeon | Business Upturn

LG Electronics India reports highest-ever quarterly revenue of ₹80.54 billion in Q4 FY26

Arunika Jain — Thu, 21 May 2026 13:23:16 +0000

LG Electronics India Limited (LGE India), a leading consumer electronics brand, has announced its financial results for the fourth quarter of FY2026, achieving its highest-ever quarterly revenue. The company reported revenue from operations amounting to ₹80.54 billion in Q4 FY26, marking an 8.1% increase compared to the ₹74.48 billion recorded in the same quarter of the previous year.

The robust quarterly performance was driven by a broad-based demand recovery across categories and continued momentum in premiumisation, particularly in large-panel TVs, French-door refrigerators, fully automatic washing machines, and 5-star-rated air conditioners. LGE India maintained its market leadership across key product categories while executing its strategic pillars of Make-in-India, Make-for-India, and Make-India-Global.

Despite challenges such as rupee depreciation and elevated commodity prices affecting YoY EBITDA margins, the company remains optimistic about margin improvement. The EBITDA for Q4 FY26 stood at ₹9.45 billion with an industry-leading EBITDA margin of 11.7%. Profit after tax (PAT) was reported at ₹6.93 billion.

In the B2B segment, the Information Display business recorded strong growth, and the HVAC segment expanded its portfolio in Variable Refrigerant Flow (VRF) and Cassette AC segments. LGE India’s advanced HVAC solutions are now operational at the prestigious Seva Teerth, the Prime Minister’s office building.

Highlighting the results, Mr. Hong Ju Jeon, Managing Director of LG Electronics India, expressed satisfaction with the company’s performance, emphasizing the strength of the brand and the resilience of its business model. He noted that despite a complex global environment, LGE India has remained customer-focused, agile, and growth-oriented.

The Home Appliance segment reported revenue of ₹65.16 billion in Q4 FY26, growing 5.7% YoY, with premium categories performing particularly well. The Home Entertainment segment saw a revenue growth of 19.6% YoY, reaching ₹15.37 billion, driven by demand for large-screen TVs.

Looking ahead to FY27, LGE India plans to export its Essential Series to 22 countries across Asia, the Middle East, and Africa. The company aims to expand its premium portfolio and strengthen its LG Essential line-up with new product launches across categories.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

LG Electronics India targets 22-country export with new home appliances range

Yash Agarwal — Wed, 06 May 2026 08:39:15 +0000

LG Electronics India Ltd. (LGE India) has unveiled its 2026 Home Appliances Range, marking a significant expansion in both affordable-premium and premium segments. This launch is part of the company’s commitment to making advanced LG technology accessible to a broader spectrum of Indian households, catering to diverse consumer needs with a blend of premium design and reliable technology.

The 2026 range expansion includes the affordable-premium Essential Series, initially launched in October 2025. This series now offers more designs, capacities, and price points, aiming to fulfil LG India’s mission of ‘Har Ghar Appliances, Har Ghar Happiness.’ The premium category has also been expanded to meet evolving lifestyle needs, introducing advanced, design-led innovations across various price points.

A key focus of LGE India is its ‘Make-India-Global’ strategy, with the Essential Series set to be exported to 22 countries across Asia, the Middle East, and Africa in 2026. The export products include refrigerators, washing machines, and residential air conditioners.

Mr. Hong Ju Jeon, Managing Director of LG Electronics India, highlighted the strategic importance of India as a growth market. He emphasised the company’s commitment to delivering technology that is meaningful to Indian lifestyles, with the portfolio expansion reflecting this philosophy across all categories.

The Essential Series has been expanded with new capacities and designs in refrigeration, including 225L, 251L, and 276L models. These are powered by Smart Inverter Compressor Technology for energy-efficient and quieter operation. The washing machine range now includes top-load models with capacities from 8kg to 10kg, featuring technologies like Low Pressure Fill and Intelligent Auto Restart.

In cooking appliances, the Essential Series introduces new 28-litre Convertible Convection Microwave Ovens, combining microwave, convection, and air-fry functions. The premium segment sees the introduction of French Door Refrigerators with capacities ranging from 574L to 610L, featuring InstaView Door-in-Door™ and AI ThinQ™ Wi-Fi connectivity.

The washing machine portfolio has been strengthened across premium, mid, and entry segments, with advanced features like AI DD™ 2.0 technology and Steam+™ for enhanced fabric care. The dishwasher category is also enhanced with the LG True Steam Dishwasher, designed for Indian kitchens.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

LG Electronics India achieves over 1 million AC sales in Q1 2026

Kinjal — Thu, 02 Apr 2026 11:00:12 +0000

LG Electronics India (LGE India) announced a remarkable milestone, selling over 1 million air conditioners in the first quarter of 2026. This achievement marks the fastest start to a summer season in the company’s history in India, reinforcing its market leadership in the competitive air conditioner sector.

The company’s strategic launch of a new BEE star-rated compliant AC line-up before the season played a crucial role in this success. This allowed retail partners and consumers to transition smoothly to energy-efficient products. Additionally, LGE India’s marketing campaign during the ICC World Cup significantly boosted brand visibility and consumer engagement.

Mr. Hong Ju Jeon, Managing Director of LG Electronics India, commented on the milestone, stating, “Crossing 1 million AC sales in a single quarter is not just a commercial milestone – it is a powerful statement of the trust that millions of consumers place in LG every day. India is one of LG’s most strategically vital markets globally, and this result reflects the depth of our commitment to our consumers, our partners, and to India’s sustainable development.”

Mr. Sanjay Chitkara, Director & Co-Chief Sales and Marketing Officer, added, “Building on this momentum, we are focused on delivering advanced, energy-efficient cooling solutions tailored for domestic and global consumers. Our premium AC range with Energy Manager Plus, better capacities, and a more comprehensive portfolio cater to Indian consumers’ diverse needs across segments.”

LGE India’s diverse portfolio strategy has been pivotal in serving every Indian household. The company introduced a 0.8 ton AC under its Essential Series for compact urban spaces and first-time buyers, while the 2.0 ton 5-star range caters to the premium home segment. The comprehensive fixed-speed AC portfolio spans both window and split segments, capturing demand across all price tiers.

The 2026 AC range features smart innovations like PreCool, which allows users to activate cooling remotely, and HimClean, an auto-cleaning technology for sustained hygiene and performance. Energy Manager Plus offers real-time visibility over power consumption, addressing electricity cost concerns.

LGE India’s 2026 line-up sets a new benchmark for cooling power, with a rated capacity of up to 5300W and a maximum of 6300W. The flagship 6-in-1 Convertible Cooling technology provides operational flexibility, reducing energy waste. The reduction of GST on air conditioners from 28% to 18% by the Government of India has also improved affordability.

Besides the domestic market, LGE India exports its Made-in-India ACs to countries like Sri Lanka, Nepal, Bangladesh, and Southeast Asia.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

LG Electronics India deploys advanced HVAC solutions at Seva Teerth

Arunika Jain — Mon, 30 Mar 2026 05:44:34 +0000

LG Electronics India (LGE India) has successfully installed its advanced HVAC (Heating, ventilation, and air conditioning) solutions at the newly inaugurated Prime Minister’s Office building, Seva Teerth. The deployment includes a Variable Refrigerant Flow (VRF) air-conditioning system with a total capacity of 1,590 horsepower, featuring 113 outdoor units.

The HVAC system was supplied from LGE India’s Pune manufacturing facility, underscoring the company’s commitment to the Make in India initiative and promoting an Atmanirbhar Bharat. These VRF systems are engineered to operate at full capacity without deration even at temperatures up to 39°C, ensuring consistent cooling performance during peak summer months.

Hong Ju Jeon, Managing Director and Chief Sales and Marketing Officer of LGE India, expressed pride in contributing to the Prime Minister’s Office building, highlighting the importance of intelligent, energy-efficient climate control systems in India’s infrastructure development. He emphasised LGE India’s commitment to strengthening the HVAC ecosystem in India by delivering high-performance solutions tailored for the country’s diverse climatic conditions.

The VRF system is designed for high performance and reliability, incorporating advanced energy-efficient technologies and enhanced durability with black fin heat exchangers. The installation also includes LGE India’s AC Smart 5 Intelligent Control Platform, with eight units deployed across the facility, enabling centralized management, real-time monitoring, and optimized performance.

This project represents a significant milestone in LGE India’s efforts to contribute to India’s modern infrastructure with high-efficiency climate control technology for large institutional facilities. It reinforces LGE India’s dedication to expanding its presence in the commercial air-conditioning segment by delivering high-efficiency VRF systems for crucial infrastructure projects.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Arunika Jain and reviewed by Aman Shukla before publication.