LG Electronics India Limited reported challenging third quarter results for FY26, with revenue from operations declining 6.4% year-on-year to ₹41.14 billion amid soft demand conditions following the festive season. The company's EBITDA margin compressed significantly to 4.8% from 7.7% in the corresponding quarter of the previous fiscal year.

Financial Performance Overview

The company's consolidated performance showed pressure across key metrics during Q3FY26. Revenue declined from ₹43.96 billion in Q3FY25 to ₹41.14 billion, while profit after tax dropped to ₹0.90 billion from ₹2.33 billion in the year-ago period.

The margin compression was attributed to subdued sales impacting operating leverage, increased input costs for copper and aluminum, and currency-related headwinds that pressured profitability.

Segment-wise Performance

Home Appliance & Air Solution Segment

The H&A segment, comprising air conditioners, refrigerators, washing machines, and other appliances, recorded revenue of ₹27.88 billion, down 9.8% year-on-year. The segment's EBIT margin declined to 4.0% from 7.1% in Q3FY25.

Home Entertainment Segment

The HE segment, covering televisions, audio-visual products, and monitors, showed resilience with revenue growing 1.7% to ₹13.26 billion. However, EBIT margin compressed to 9.6% from 13.5% in the previous year.

Market Leadership Maintained

Despite revenue pressures, LG Electronics India strengthened its market leadership positions across key categories. The company achieved market share gains in televisions (27.3%, up 0.7%), refrigerators (30.0%, up 0.5%), and air conditioners (17.3%, up 0.4%), while maintaining its leadership position in washing machines at 33.0%.

The company's OLED market share in televisions increased to 62.4%, representing a 2.7% improvement year-on-year, demonstrating strength in the premium segment.

Strategic Developments

LG Electronics India announced several significant developments during the quarter:

• Advance Pricing Agreement: Successfully concluded an APA with CBDT, eliminating ₹487.74 crore contingent liability • Government Incentives: Secured a 15-year incentive package worth ₹705.74 crore from Maharashtra state government • Manufacturing Expansion: Groundbreaking of third factory in Sri City, Andhra Pradesh to boost production capacity • Product Launches: Introduced premium portfolio including French door refrigerators and AI-enabled washing machines

Outlook and Strategy

For Q4FY26, the company expects demand recovery supported by new BEE rating portfolio introduction and favorable summer season conditions. LG Electronics India is implementing a two-track strategy focusing on expanding premium portfolio while strengthening the Essential Series lineup for volume segments.

The company launched new product lineups aligned with latest BEE norms and is witnessing healthy demand across categories, with compressor-based products expected to pick up during summer season. Management remains optimistic about maintaining market leadership while focusing on continuous product innovation and cost discipline to support sustainable profitable growth.

LG Electronics India Limited has announced its quarterly earnings conference call scheduled for February 12, 2026, following the company's notification to stock exchanges under SEBI regulations. The call will provide investors and analysts with insights into the company's financial performance for the quarter and nine months ended December 31, 2025.

Conference Call Details

The earnings call is scheduled for Thursday, February 12, 2026 at 4:00 PM IST and will be hosted by Axis Capital Ltd on behalf of LG Electronics India Limited. The session will begin with a management discussion on earnings performance, followed by an interactive Question & Answer segment.

Management Participation

The conference call will feature comprehensive representation from LG Electronics India's senior leadership team. Key management personnel participating in the call include:

• Mr. Dongmyung Seo – Whole Time Director & Chief Financial Officer
• Mr. Sanjay Chitkara – Co-Chief Sales & Marketing Officer
• Mr. Atul Khanna – Chief Accounting Officer
• Mr. Gaganjeet Singh – Chief Manufacturing Officer
• Mr. Gurpinderjeet Singh – Head, Financial Planning
• Mr. Soonjoo Seo – Investor Relations Officer
• Mr. Aditya Bhasin – Head, Investor Relations

Dial-in Information

The company has provided comprehensive access details for both domestic and international participants across multiple time zones.

Regulatory Compliance and Documentation

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has formally notified both NSE and BSE about the scheduled analyst meeting. The investor presentation to be discussed during the conference call will be submitted to stock exchanges before the call commences and will be made available on the company's website at the investor relations section.

The company has emphasized that discussions will be based solely on publicly available information, with no Unpublished Price Sensitive Information (UPSI) being shared during the meeting. Participants can pre-register to avoid wait time during the call access process.