LG Electronics Q2 Results in focus today: LG Electronics India announced its September quarter results (Q2FY26) today, November 13, post market hours, marking its first quarterly earnings since listing.
The company reported a 27.3% year-on-year decline in net profit to ₹389 crore in Q2, compared to ₹536 crore in the same period last year. Sequentially too, net profit was lower, as the home appliance maker reported ₹513 crore in the first quarter of FY26.
Revenue from operations during the reporting quarter stood at ₹6,174 crore, registering a modest growth of 1% year-on-year, while sequentially it was down 0.7% from ₹6,263 crore in the previous quarter.
EBITDA for the quarter came in at around ₹547 crore, translating to an EBITDA margin of 8.9%, compared to ₹757.4 crore and a margin of 12.4% in Q2FY25, indicating some pressure on profitability due to higher input and operating costs.
On the expense front, total expenses rose 3% year-on-year to ₹5,729 crore, primarily driven by elevated material costs and other overheads, which together compressed operating margins despite stable revenue growth.
