From mint · · 40s
LG Electronics India Q2FY27 Growth Strategy
LG Electronics India boosts revenue with premiumization strategy amid margin pressures.
In brief
LG Electronics India boosts revenue with premiumization strategy amid margin pressures. LG Electronics India reported 20% year-on-year revenue growth to ₹7,380 crore in Q2FY27, driven by premiumization and mass-premium strategies while maintaining 9.5% Ebitda margin. Originally reported by mint.
Q2FY27 Performance
LG Electronics India reported 20% year-on-year revenue growth to ₹7,380 crore in Q2FY27.
Core Growth Drivers
Home appliances and air solutions revenue grew 21% to ₹4,772 crore with double-digit growth in washing machines, refrigerators and air conditioners.
Premiumization Strategy
French-door refrigerators and large-capacity washing machines improve product mix while Essential series captures first-time buyers.
Margin Challenges
Raw material costs increased 20% year-on-year leading to 52-basis-point gross margin contraction.
The short version
LG Electronics India reported 20% year-on-year revenue growth to ₹7,380 crore in Q2FY27, driven by premiumization and mass-premium strategies while maintaining 9.5% Ebitda margin.
