LG Electronics India earnings calls.

LG Electronics India reported Q3 FY26 revenue of INR 4,114 croreCurrent reported value: Q3 FY26 revenue of INR 4,114 crore. No comparable prior figure is available in the source record., down 6.4% YoY, as post-festive demand softened particularly in compressor-based products. EBITDA margin compressed to 4.8%Current 4.8% vs previous available quarter 8.9%. from 7.7% in Q3 FY25, a decline of 290bpsCurrent reported value: 290bps. No comparable prior figure is available in the source record., driven by revenue softness impacting operating leverage, elevated copper and aluminum prices, forex headwinds, new labor code costs, and higher e-waste recycling obligations (70% target vs. 60% prior). Home appliance segment revenue fell to INR 2,788 crore from INR 3,091 crore; home entertainment grew 1.7% to INR 1,326 crore. Despite these headwinds, management highlighted YTD market share gains: washing machine 33%Current 33%. Reported change: Leading position., refrigerator 30% (+0.5pp), room AC 17.3%Current 17.3%. Reported change: +4pp YoY. (+4pp), side-by-side refrigerator 43.3% (+2.9pp), and OLED TV 62.4%Current 62.4%. Reported change: +2.7pp YoY. (+2.7pp). Q4 guidance calls for double-digit revenue growth with mid-teen EBITDA margins, while FY27 targets double-digit revenue growth with margins returning to FY25 levels. Key risks include commodity inflation, FX volatility, and working capital build (INR 11.3 billion, up 39% YoY) ahead of the summer season.