LG Electronics India
Latest, :
What it means
LG Electronics India's scale now pays for itself: room for launch pricing and offline reach.
Reported: Net profit +27.2% on revenue +15.5% in Q1 FY27.
Watch: Q2 FY27 results, expected mid Nov — net profit growth drops below revenue growth.
Before its next results, expected mid Nov:Before then:
- Affected
- Samsung India — facing a better-funded LG Electronics IndiaDo now: By mid Nov: defend your strongest catchments: it has profit to spend where it competes with you.
- LG Electronics India's assembly and component partners — a stronger buyer at the tableDo now: By mid Nov: expect firmer terms from it; lock volumes and prices.
Our arithmetic · not a reported figureChange
- −₹821 crorefrom Q4 FY26 revenue to Q1 FY27 revenue
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 9 stories, the newest dated 9 Oct 2026. Summary written 11 Oct 2026.
LG Electronics India is a listed appliance maker that sells air conditioners in India. [1] source: Business Today[2] source: Moneycontrol
Show 3 more paragraphs and 9 sources
An ET analysis of research spending at Indian consumer companies put LG Electronics India's R&D at Rs 125 crore. [3] source: ET BrandEquity Motilal Oswal reiterated a BUY rating with a Rs 2,080 target in October 2026, citing premiumization, localization and growth momentum. [2] source: Moneycontrol
LG Electronics India announced a 5-6% air-conditioner price hike effective October 1, 2026, to offset input costs. [1] source: Business Today[2] source: Moneycontrol Other outlets cited a 5–7% rise from the same date. [4] source: Times of India[5] source: Business Today Motilal Oswal expects other product prices to remain largely stable. [2] source: Moneycontrol Its shares hit a record Rs 1,825 in October 2026. [1] source: Business Today In an earlier round between February and April, LG raised prices by about 7% on 3-star models and around 9-10% on 5-star models. [6] source: Business Standard JM Financial estimates Q2 FY27 revenue up 15 per cent year on year to Rs 7,100 crore. [1] source: Business Today Motilal Oswal estimates a 13% revenue CAGR over FY26–28. [4] source: Times of India Jefferies and JP Morgan both named it among their picks in October 2026. [7] source: Financial Express[8] source: Financial Express
Daikin, Blue Star and Haier also lifted room AC prices in the earlier round. [6] source: Business Standard Haier, LG, Sony and Godrej expect strong festive demand, with the industry projected to grow 10-15 per cent. [9] source: BW Retail World
Sources
Questions about LG Electronics India
Who are LG Electronics India's main competitors?
LG Electronics India competes with Daikin, Blue Star and Haier in room air conditioners, all of which raised prices in an earlier round between February and April. Haier, LG, Sony and Godrej also expect strong festive demand. [9] source: BW Retail World[6] source: Business Standard
More stories about LG Electronics India
- LG Electronics India to invest Rs 5,000 crore in Sri City plant
- LG, Haier and Godrej split online and store assortments to curb discount conflict
- CLSA picks LG Electronics India as top consumer durables bet with Rs 1,830 target
- Citi, UBS, Jefferies stack bullish calls on LG India, Lenskart, GMR, IndiGo
Stories that mention LG Electronics India
4 stories
LG Electronics India is named in these stories but is not their subject.
- Appliance makers raise prices 5-8% but still expect double-digit festive growth; Haier India targets 30-35% by value
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