2 weeks ago
LG Electronics India Shares Jump 4.5% on Q1 Profit Surge
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.
LG Electronics India shares climbed 4.5% in early trading on August 14, making the stock one of the leading midcap gainers.
Q1 FY27 net profit rose 27.2% year-on-year to Rs 652.8 crore from Rs 513.2 crore.
Revenue grew 15.5% to Rs 7,233.3 crore, while EBITDA rose 26.2% to Rs 904.2 crore.
EBITDA margin expanded to 12.5% from 11.4%.
CLSA retained an 'Outperform' rating with a target price of Rs 1,885 per share, and Jefferies maintained a 'Buy' recommendation with a target of Rs 1,815.
- Who
- LG Electronics India, along with brokerages CLSA and Jefferies.
- What
- LG Electronics India's shares jumped 4.5% after the company reported a 27.2% year-on-year surge in Q1 FY27 net profit.
- Where
- India, where LG Electronics India operates in the consumer electronics and home appliances market.
- When
- August 14, during early trading, for the first quarter of FY27.
- Why
- Strong results driven by improved margins in the home entertainment segment, greater contribution from premium products, price increases and cost management.
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










