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The Economic Times

Debaroti Adhikary

LG Electronics shares jump 5% after robust Q1 earnings. What are Jefferies, other brokerages saying?

LG Electronics LG Jefferies LG Electronics India Nuvama India

The shares of LG Electronics India gained 5% to Rs 1,654 on the BSE on Friday after the household appliances maker reported a more than 27% year-on-year (YoY) rise in net profit to Rs 653 crore in the first quarter of FY27, from Rs 513 crore reported in the corresponding quarter of FY26.

LG Electronics India released its results in the post-market hours of Thursday, with revenue from operations increasing around 15.5% YoY to Rs 7,233 crore during the April-June quarter of the ongoing financial year 2027, from Rs 6,263 crore reported in the same period last year. The company said revenue growth was led by premium demand across all categories.

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