LG Electronics is moving beyond its two-track strategy
New Delhi, Nov. 10 -- LG Electronics India's September quarter (Q2FY27) performance has strengthened its growth narrative, even as the road ahead opens up new avenues.
Revenue grew almost 20% year-on-year to Rs.7,380 crore, while Ebitda margin expanded 63 basis points to 9.5%. A richer product mix and operating leverage more than offset elevated commodity prices and higher go-to-market investments.
LG's two-track strategy of premiumization and mass-premium penetration continued to deliver broad-based growth. Home appliances and air solutions revenue grew 21% to Rs.4,772 crore, with double-digit growth across washing machines, refrigerators and air conditioners. Home entertainment revenue grew 17% to Rs.2,608 crore, marking its thi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.