LG Electronics India reported a net profit of ₹389 crore for Q2 FY26, down 27% from ₹536 crore a year ago, as rising costs offset modest revenue growth.
Total revenue grew 1% to ₹6,174 crore, while expenses rose 3% to ₹5,729 crore, compressing margins. EBITDA stood at ₹547–548 crore, with a margin of 8.9%, down from 12.4% previously.
Segment-wise, Home Appliances & Air Solutions remained flat at ₹3,947 crore, and Home Entertainment rose 3% to ₹2,261 crore.
The company cited softer demand ahead of GST cuts but expects improvement in Q3 as festival-season sales and channel inventories stabilize.