LG Electronics India Q2 results: net profit rises 25.7% to Rs 489.35 crore
LG Electronics India reported a Q2 FY27 net profit of Rs 489.35 crore, up 25.7% from a year earlier, on revenue from operations of Rs 7,380.05 crore, up 19.5%, in its filing with the National Stock Exchange.
Key points
- LG Electronics India said in its NSE filing that net profit for the September 2026 quarter was Rs 489.35 crore, up 25.7% year on year.
- Revenue from operations rose 19.5% to Rs 7,380.05 crore from a year earlier, and 2.0% from the previous quarter.
- The board also approved entering a new Vehicle Solutions Business, according to the same filing.
LG Electronics India Limited reported a net profit of Rs 489.35 crore for the quarter ended 30 September 2026 (Q2 FY27), up 25.7% from Rs 389.43 crore a year earlier, according to its filing with the National Stock Exchange on 5 November 2026. Revenue from operations rose 19.5% to Rs 7,380.05 crore. The results are unaudited and were limited reviewed by the company's statutory auditors.
What Happened
The company's board met on 5 November 2026 and approved the unaudited financial results for the quarter and half year ended 30 September 2026.
Quarter ended 30 September 2026
- Revenue from operations was Rs 7,380.05 crore, against Rs 6,174.03 crore in the same quarter a year earlier (up 19.5% year on year) and Rs 7,233.35 crore in the previous quarter (up 2.0% quarter on quarter).
- Net profit, the profit for the period, was Rs 489.35 crore, against Rs 389.43 crore a year earlier (up 25.7%) and Rs 652.86 crore in the quarter ended 30 June 2026 (down 25.0%).
- Basic and diluted earnings per share were Rs 7.21, against Rs 5.74 a year earlier and Rs 9.62 in the previous quarter. The filing notes that earnings per share are not annualised for the quarters.
- Total income, which includes other income, was Rs 7,465.60 crore.
Half year ended 30 September 2026
- Revenue from operations was Rs 14,613.40 crore, against Rs 12,436.97 crore a year earlier (up 17.5%).
- Net profit was Rs 1,142.21 crore, against Rs 902.69 crore (up 26.5%). Earnings per share were Rs 16.83, against Rs 13.30.
In the same board meeting, the company said it approved a proposal to enter a new line of business, which it calls the Vehicle Solutions Business. The filing describes it as covering automotive and mobility technologies, products, components, systems and software. The board also approved a change to the objects clause of the company's Memorandum of Association to allow this business.
What It Means
The filing shows higher sales and profit than a year ago. Profit was lower than in the previous quarter.
The company's cash and cash equivalents stood at Rs 5,051.00 crore on 30 September 2026, against Rs 4,476.27 crore on 31 March 2026, according to its statement of assets and liabilities.
The vehicle business is a proposal approved by the board in this filing; the filing does not give an investment amount or a start date in the part that can be read here. Readers can check the full results and annexures in the company's filing with the National Stock Exchange. Complaints about listed companies can be made at https://scores.sebi.gov.in.
Oquilia Data: LG Electronics India Ltd. (NSE: LGEINDIA)
| Close, 4 Nov 2026 | Rs 1,692.10 (+0.11% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −1.72% / +9.70% / +7.15% / +11.22% / +3.59% |
| Against Nifty 50, 1M / 3M / YTD | −8.59 / +12.36 / +19.52 points |
| 52-week closing high / low | Rs 1,780.30 (7 Oct 2026) / Rs 1,318.80 (2 Apr 2026) |
| Turnover, 20-session average | Rs 51.63 cr; 53.5% delivered; latest volume 1.2x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: LG Electronics India share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India