LG Electronics India Reports Q3 Results With Solid Revenue, Moderate Profit

Quarterly Performance  
The company delivered robust revenue growth, driven by strong sales in home appliances, televisions, and air conditioning units. Seasonal demand and festive sales contributed significantly to the topline. However, rising input costs and pricing competition impacted margins, resulting in a profit figure slightly below market expectations.  

Market Drivers  
India’s consumer electronics sector continues to benefit from rising disposable incomes, urbanization, and demand for premium appliances. LG Electronics India’s diversified product portfolio and strong brand presence helped capture market share, particularly in the premium and mid-range categories.  

Future Outlook  
LG Electronics India aims to sustain growth momentum by expanding its smart appliance offerings, strengthening its distribution network, and investing in innovation. Analysts expect continued revenue growth, with profitability improving as cost optimization measures take effect.  

Key Highlights  

• Q3 consolidated revenue at ₹41.14 billion  
• Net profit reported at ₹896.7 million  
• Strong demand in home appliances and consumer electronics  
• Festive season sales boosted topline performance  
• Margins impacted by input cost pressures  

Conclusion  
LG Electronics India’s Q3 results highlight strong revenue performance despite margin challenges. With continued demand for consumer electronics and a focus on innovation, the company remains well-positioned to strengthen its presence in India’s competitive market.  

Sources: Reuters, Economic Times, Business Standard