Economy

LG Electronics India Q1 Profit Surges 27% to ₹653 Crore

Moneycontrol1h
THE BRIEF
1

LG Electronics India reported a 27% jump in net profit to ₹653 crore for the first quarter of fiscal 2027.

2

Revenue for the period rose by 15.5%, driven by strong demand for premium appliances and large-screen televisions.

3

Brokerages remain bullish on the company's growth trajectory, citing margin gains and successful premiumization strategies in the consumer durables market.