2 weeks ago

LG Electronics India Shares Jump 4.5% on Q1 Profit Surge

LG Electronics India Shares Jump 4.5% on Q1 Profit Surge
LG Electronics India Shares Jump 4.5% After Q1 FY27 Profit Surges 27% · freepressjournal.in

LG makes televisions, refrigerators, washing machines and other things you might have at home.

The company sells these products in India and recently told everyone how much money it made.

The company did very well in the first three months of the new year.

Its profit went up by about 27 percent compared with the same time last year.

Because of that, people who buy small pieces of the company were happy.

The price of one piece, called a share, went up by 4.5 percent.

Smart money experts called analysts think the company will keep doing well.

They believe the company's TVs and fancy premium products are selling well.

Some analysts gave the company a higher target price for its shares.

That means they believe the share price can go even higher in the future.

Key facts

Q1 FY27 net profit
Rs 652.8 crore, up 27.2% YoY from Rs 513.2 crore
Revenue
Rs 7,233.3 crore, up 15.5% YoY
EBITDA
Rs 904.2 crore, up 26.2% YoY
EBITDA margin
12.5%, up from 11.4%
Share price
Approximately Rs 1,650
Market capitalisation
Approximately Rs 1.12 lakh crore
CLSA rating
Outperform, target price Rs 1,885 per share
Jefferies rating
Buy, target price Rs 1,815 per share

Sources

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