LG Electronics India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
LGEINDIA · price
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LG Electronics India reported revenue from operations of INR 246,049.12 million for FY26, marginally up from INR 243,666.38 million in FY25 (approx 1% growth). However, profit after tax declined significantly to INR 16,850.93 million from INR 22,033.48 million in FY25, a drop of about 23.5%. The company operates in two segments: Home appliances and air solution division, and Home entertainment division. The auditor Price Waterhouse Chartered Accountants LLP gave an Unmodified Opinion (clean audit). The Board also approved appointment of new secretarial and internal auditors for FY26-27. Cash and cash equivalents increased to INR 44,762.65 million from INR 37,414.73 million.
The sharp decline in profitability despite flat revenue growth is a concern for shareholders. The stock may face pressure as earnings per share dropped from INR 32.46 to INR 24.83. However, the clean audit opinion and strong cash position provide some comfort.