India's LG Electronics gains on Q1 profit climb

LG Electronics India

14/08/2026 05:30

** Shares of LG Electronics India LGEL.NS rise 3% to 1,627 rupees 
** Appliances maker posts 27% Y/Y growth in Q1 profit on Thursday and reaffirms FY27 revenue growth target
** Jefferies says LSEL delivers a Q1 margin beat driven by premiumisation, strong summer demand, calibrated price hikes and localisation benefits; it reiterates "buy" with a PT of 1,810 rupees
** Dolat Capital says co's profitability exceeds estimates, with EBITDA margin expanding 110 bps to 12.5% on operating leverage, premium mix and cost discipline
** Both Jefferies and Dolat Capital remain positive on growth outlook, citing premiumisation, exports and the upcoming Sri City plant as key drivers of sustained revenue growth and margin expansion
** Avg rating of 27 analysts on LGEL at "buy"; median PT is 1,736.46 rupees - LSEG-compiled data
** YTD, stock up 11%

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))