LG Electronics India Ltd

LG Electronics India Limited’s latest report highlights a comprehensive commitment to environmental responsibility, social impact, and ethical business practices. The company emphasizes resource efficiency through initiatives like UL-ZWTL certification and motor replacements, alongside efforts to reduce greenhouse gas emissions and manage water and waste responsibly. Extensive corporate social responsibility programs focus on nutrition, skills development, and community support, with a formal grievance redressal mechanism in place. While the report indicates ongoing rehabilitation and resettlement projects and a cyber security and data privacy policy, further transparency regarding R&R details and public accessibility of the data privacy policy would be beneficial. The report notes no product recalls, data breaches, or adverse orders related to anti-competitive conduct, and demonstrates adherence to relevant regulations and standards.

LG Electronics India announced that the 29th Annual General Meeting(AGM) of the company will be held on 21 August 2026.

Net profit of LG Electronics India declined 8.19% to Rs 692.73 crore in the quarter ended March 2026 as against Rs 754.55 crore during the previous quarter ended March 2025. Sales rose 8.12% to Rs 8053.55 crore in the quarter ended March 2026 as against Rs 7448.42 crore during the previous quarter ended March 2025. For the full year,net profit declined 23.52% to Rs 1685.09 crore in the year ended March 2026 as against Rs 2203.35 crore during the previous year ended March 2025. Sales rose 0.98% to Rs 24604.91 crore in the year ended March 2026 as against Rs 24366.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales8053.557448.42 8 24604.9124366.64 1 OPM %11.7414.07 -9.7912.76 - PBDT1032.651106.68 -7 2695.623343.47 -19 PBT931.011010.17 -8 2299.512963.11 -22 NP692.73754.55 -8 1685.092203.35 -24 Powered by Capital Market - Live

LG Electronics India will hold a meeting of the Board of Directors of the Company on 21 May 2026.

 LG Electronics India (LGE India) today announced the sale of 1 million+ air conditioners in the first quarter of 2026. This landmark achievement marks the fastest and strongest start to a summer season in the company's history in India. This milestone not only underscores LGE India's exceptional execution capabilities and supply chain agility, but also cements its position as the decisive leader in India's fast-growing and highly competitive air conditioner market. A key driver of this achievement was LGE India's first-mover advantage with regards to launching its new BEE star-rated compliant AC line-up well ahead of the season, ensuring that retail partners and consumers could seamlessly transition to superior, energy-efficient products without disruption. Complementing this, LGE India's marketing campaign during the ICC World Cup also delivered great reach and consumer engagement at scale, driving unprecedented brand salience and purchase intent.

As part of its commitment to expand clean energy adoption across its manufacturing operations,  LG Electronics India (LGE India) has signed long-term solar Power Purchase Agreements (PPAs) with Hinduja Renewables Energy (HREPL) and Sunsure Energy. LGE India will source solar power for its Greater Noida and Pune manufacturing facilities, thereby reducing its carbon footprint while strengthening its transition towards sustainable manufacturing. As part of these tie-ups, LGE India has signed a 9.80 megawatt peak (MWp) solar PPA with HREPL for its Pune manufacturing facility and an 11 MWp solar PPA with Sunsure Energy for its Greater Noida facility. LGE India will source approximately 3.21 crore units of renewable energy annually for both facilities, collectively offsetting around 0.61 million metric tonnes of CO2e over the project lifetime. HREPL will supply 1.61 crore units of clean power annually from its 27.7 MWp solar plant in Nanded, Maharashtra, helping meet 40% of the Pune facility's energy needs and offset 0.31 million metric tonnes of CO2e over the project lifetime. Similarly, Sunsure Energy will supply approximately 1.6 crore units of renewable electricity annually from its 82.5 MWp solar plant in Erach, Uttar Pradesh, enabling LGE India to meet around 30% of its Greater Noida facility's energy requirement and increase total renewable energy consumption at the plant to approximately 50%, while offsetting 0.30 million metric tonnes of CO2e over the project lifetime. Powered by Capital Market - Live

EBITDA declined by 42.4% to Rs 196 crore in Q3 FY26 from Rs 340 crore in Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 151.69 crore, down by 52.7% from Rs 320.65 crore recorded in Q3 FY25. Despite lower-than-expected post-festive demand, LGE India stated that it has managed to maintain market leadership across key categories. EBITDA margin declined due to combined effect of subdued sales impacting operating leverage, increased input costs in copper and aluminum and currency related headwinds. Hong Ju Jeon, managing director and chief sales and marketing officer, LG Electronics India, said: LGE India has maintained #1 position across key B2C segments, despite a subdued last quarter affected by external factors. Anchored by strong fundamentals, focus on innovation and long-term stability, we have entered Q4 with renewed strength, validated by the positive response to our new BEE-rated portfolio. As summer approaches, we are poised to capture demand for compressor products through our two-track strategy ' expanding both premium and 'LG Essential' lineups. We remain committed to scaling our high-margin AMC business and leveraging B2B infrastructure opportunities. The rationalization of US tariffs will further help accelerate our commitment to 'Make India Global,' as we optimize production to serve both domestic needs and expand exports. Our third manufacturing plant, on track to being operational by end of year, will accelerate our 'Make India Global' plans.' LG Electronics India, a subsidiary of South Korea-based LG Electronics, is one of India's leading consumer durables companies. It manufactures and sells a wide range of products, including TVs, refrigerators, washing machines, and air conditioners, serving both retail and institutional customers.Powered by Capital Market - Live

Net profit of LG Electronics India declined 61.59% to Rs 89.67 crore in the quarter ended December 2025 as against Rs 233.45 crore during the previous quarter ended December 2024. Sales declined 6.40% to Rs 4114.39 crore in the quarter ended December 2025 as against Rs 4395.53 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales4114.394395.53 -6 OPM %4.777.74 - PBDT262.42410.45 -36 PBT151.68320.65 -53 NP89.67233.45 -62 Powered by Capital Market - Live

LG Electronics India will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

Around 1.52 crore shares, or nearly 2% of the company's outstanding equity, have reportedly become eligible for trading following the end of the lock-in. Market participants noted that the expiry does not necessarily signal immediate selling, as it merely permits these shares to be traded. The stock's decline comes amid heightened investor caution typically seen around lock-in expiries, as additional free float can weigh on sentiment in the near term. Meanwhile, LG Electronics India concluded an Advance Pricing Agreement (APA) with the Central Board of Direct Taxes on 5 January 2026, resolving transfer pricing matters for a nine-year period from 1 April 2014 to 31 March 2023. Following the APA, contingent liabilities of Rs 172.44 crore related to direct taxes and Rs 315.30 crore linked to royalty payments to LG Electronics Inc. will become nil. The settlement will result in a net tax expense of Rs 17.71 crore, excluding applicable interest. In addition, the company will pay Rs 3.86 crore to LG Electronics Inc. under secondary adjustment provisions in line with India's transfer pricing regulations. LG Electronics India, a subsidiary of South Korea-based LG Electronics, is one of India's leading consumer durables companies. It manufactures and sells a wide range of products, including TVs, refrigerators, washing machines, and air conditioners, serving both retail and institutional customers. The company's standalone net profit declined 27.3% to Rs 389.43 crore despite 1% increase in revenue from operations to Rs 6,174.03 crore in Q2 FY26 over Q2 FY25. The stock was listed on the exchanges on 14 October 2025 at Rs 1,715, marking a premium of 50.44% over the issue price of Rs 1,140. The initial public offering of LG Electronics India was subscribed 54.02 times. The issue opened for subscription on 7 October 2025 and closed on 9 October 2025, with a price band of Rs 1,080 to Rs 1,140 per share. At the current price, the stock is up 25.46% over its IPO price of Rs 1,140, but down 16.61% from its listing price of Rs 1,715. Powered by Capital Market - Live