LG Electronics India Limited (LGE India) announces its Q3 FY26 results, continues to maintain market leadership and readies to increase export push
Key Highlights:
New Delhi, Feb 11, 2026 - LG Electronics India Limited (LGE India), India’s leading consumer electronics brand, today announced the results for the third quarter of FY2026. The company delivered revenue from operations of ₹41.14 billion in Q3 FY26 as compared to ₹43.96 billion in Q3 FY25 with an EBITDA margin of 4.8% in Q3 FY26.
Financial performance summary (figures in INR Billion)
|
Particulars |
Quarterly |
||
|
Q3 FY26 |
Q2 FY26 |
Q3 FY25 |
|
|
Revenue from operations |
41.14 |
61.74 |
43.96 |
|
EBITDA |
1.96 |
5.48 |
3.40 |
|
PAT |
0.90 |
3.89 |
2.33 |
Despite lower-than-expected post-festive demand, LGE India has continued to maintain market leadership** across key categories. This proves the company’s underlying brand strength and consumer confidence. However, EBITDA margin declined due to combined effect of subdued sales impacting operating leverage, increased input costs in copper and aluminum and currency-related headwinds.
Highlighting the results, Mr. Hong Ju Jeon, Managing Director and Chief Sales and Marketing Officer, LG Electronics India, said, “LGE India has maintained # 1 position across key B2C segments, despite a subdued last quarter affected by external factors. Anchored by strong fundamentals, focus on innovation and long-term stability, we have entered Q4 with renewed strength, validated by the positive response to our new BEE-rated portfolio. As summer approaches, we are poised to capture demand for compressor products through our two-track strategy — expanding both premium and ‘LG Essential’ lineups. We remain committed to scaling our high-margin AMC business and leveraging B2B infrastructure opportunities. The rationalization of US tariffs will further help accelerate our commitment to ‘Make India Global,’ as we optimize production to serve both domestic needs and expand exports. Our third manufacturing plant, on track to being operational by end of year, will accelerate our ‘Make India Global’ plans. These developments underscore our ability to deliver value to customers and shareholders alike, and we remain confident in our long‑term trajectory.”
Category Performance
In the Home Appliance (H&A) segment there was a post-Diwali softening in demand. The segment’s revenue stood at ₹27.88 billion in Q3 FY26 as compared to ₹30.91 billion in Q3 FY25. The segment sustained its leadership and delivered market share gains despite margin pressure from elevated raw material costs (copper and aluminium) & FX volatility. LGE India strategically avoided price cuts to protect long-term profitability while continued focus on fundamentals & premium positioning supported overall higher ASP.
LGE India further strengthened its premium portfolio during the quarter, with the launch of advanced offerings, including French-door refrigerators and AI DD 2.0 powered washing machines, reinforcing its leadership position in the segment. LGE India’s strategy is focused on capturing rising premium demand and re-entering mass segments via the Essentials series continued to drive growing momentum.
In the Home Entertainment (HE) segment, the reduction in GST rates provided an initial uplift to revenue performance in Q3 FY26, helping the segment maintain revenue levels broadly in line with the previous year. The segment recorded revenue of ₹13.26 billion in Q3 FY26 as compared to ₹13.05 billion in Q3 FY25. LGE India continued to strengthen its leadership position through gains in offline television market share.
As part of its Future Vision strategy, LGE India plans to:
Q4 FY26 Strategy
Q4 FY26 Outlook
Disclaimer:
This release contains forward-looking statements based on the currently held beliefs and assumptions of the management of LGEIL, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of LGEIL or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. LGEIL disclaims any obligation to update these forward-looking statements to reflect future events or developments.#
About LG Electronics India Ltd
LG Electronics India Limited (LGEIL) was established in January 1997 in India. It is focused on various consumer electronics and B2B businesses, from home appliances and media entertainment to HVAC and commercial displays. LGEIL's manufacturing units at Greater Noida and Ranjangaon, Pune has the capacity to manufacture LED TVs, air conditioners, commercial air conditioning systems, washing machines, refrigerators, and monitors.
Media Contacts:
LG Electronics India Limited LG Electronics India Limited
Rahul Mishra Supriya Sundriyal
Rahul3.mishra@lge.com Supriya.sundriyal@lge.com