• Financial performance: In Q1, LG Electronics India achieved a 15.5% revenue growth, with EBITDA increasing by 26.2% and PAT rising by 27.2%. Home entertainment grew by over 20%, while the home appliances and air conditioning segment expanded by 13.5%.
• Premium product trends: Premium products now contribute more than 50% across all product categories, led by more than 50% growth in 55-inch and larger televisions and over 30% growth in 5-star split air conditioners.
• Sri City expansion: The company is investing ₹5,000 crore over four to five years to double overall capacity, planning to launch air conditioner compressor production by November 2026, followed by washing machine and refrigerator lines in 2027 and 2028.
• Export growth target: Exports currently account for around $150 million across 66 countries, representing 6% to 7% of total revenue, with management aiming to increase this contribution by 2% to 3% annually to reach double digits.