LGEINDIALG Electronics India Ltd.
LG Electronics India Q2 FY27 Results: Standalone Net Profit ₹489 Crore on Total Income of ₹7,466 Crore
- Earnings
- Consumer electronics and home appliances
Reviewed byRachit TripathiBlacklitt Research
LG Electronics India (NSE: LGEINDIA) reported standalone total income of ₹7,465.60 crore and net profit of ₹489.35 crore for the quarter ended 30 Sep 2026, it said in a filing on 05 Nov 2026. The results were approved by the Board on the same day.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹7,465.60 crore, up 19.4% YoY and 1.9% QoQ
- Net profit: ₹489.35 crore, up 25.7% YoY and down 25.0% QoQ
- EPS: ₹7.21 basic, not annualised, against ₹5.74 a year earlier
- Depreciation: ₹122.72 crore, up 31.3% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 7,465.60 | 6,253.81 | +19.4% | 7,328.09 | +1.9% | |
| Revenue from operations | 7,380.05 | 6,174.03 | +19.5% | 7,233.35 | +2.0% |
| Other income | 85.56 | 79.78 | +7.2% | 94.74 | -9.7% |
| 489.35 | 389.43 | +25.7% | 652.86 | -25.0% | |
| Profit before tax | 654.67 | 524.86 | +24.7% | 878.07 | -25.4% |
| Finance costs | 9.03 | 8.99 | +0.4% | 9.14 | -1.1% |
| Depreciation | 122.72 | 93.49 | +31.3% | 111.81 | +9.8% |
| Tax expense | 165.32 | 135.42 | +22.1% | 225.21 | -26.6% |
| Net profit margin | 6.55% | 6.23% | +0.33 pp | 8.91% | -2.35 pp |
| EPS, basic (₹) | 7.21 | 5.74 | +25.6% | 9.62 | -25.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit grew faster than total income. Standalone net profit rose 25.7% YoY to ₹489.35 crore, while total income rose 19.4%, and profit before tax rose 24.7%. Tax expense of ₹165.32 crore is 25.3% of profit before tax, against a year-earlier tax of ₹135.42 crore on ₹524.86 crore of profit before tax.
Other income is 13.1% of profit before tax this quarter. Finance costs were steady at ₹9.03 crore, only 0.1% of total income.
Depreciation rose 31.3% YoY to ₹122.72 crore, faster than revenue. The statement shows capital work-in-progress rising to ₹17,858.80 million from ₹4,573.63 million at 31 Mar 2026, and the half-year operating cash inflow was ₹16,347.04 million. The filing does not give the reason for the rise in capital work-in-progress.
Against the previous quarter, net profit fell 25.0% while total income rose 1.9%. The filing gives no explanation for the quarter-on-quarter change.
Inference
The Board approved entry into a new line of business, the Vehicle Solutions Business, covering automotive infotainment, in-vehicle displays, telematics, ADAS and automotive software, to be manufactured at the company's third plant in Sri City, Andhra Pradesh. The change to the Objects Clause needs approval from shareholders through a Postal Ballot. The filing does not state the amount to be invested, the reason for entering the business, or the Postal Ballot date.
The company's paid-up equity share capital is ₹678.77 crore at a face value of ₹10 per share. The statement shows other financial liabilities rising to ₹12,649.18 million from ₹5,198.60 million at 31 Mar 2026; the filing does not explain this change.
Filed with BSE on . Reference: Original filing (PDF)
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