MUMBAI, May 22 -- LG Electronics India expects growth in the mid-teens in FY27 even as the broader market struggles with raw material price fluctuations, currency depreciation and inflation.

"Looking at FY27, we are very much confident of delivering mid-teen digit growth," Sanjay Chitkara, director and co-chief sales and marketing officer, LG Electronics India, told Mint on Thursday.

LG Electronics India reported 1% growth in revenue to Rs.24,605 crore in FY26 and an 8.2% decline in net profit to Rs.693 crore. Revenue from operations rose 8.1% year-on-year to Rs.8,054 crore in Q4, the highest for a quarter, according to an exchange filing on Thursday.

The record quarterly profit came after broad-based demand recovery as the company rol...