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LG Electronics India: Analysts Bullish on Growth Despite Q2 Profit Dip, Set High Targets

Consumer Products

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Published on 20th November 2025, 1:57 PM

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Author

Satyam Jha | Whalesbook News Team

Overview

LG Electronics India reported a 27.3% dip in Q2 FY26 net profit to ₹389.43 crore, although revenue grew 1% to ₹6,174.02 crore. Analysts remain largely bullish, anticipating revenue and margin expansion driven by new capacity, increased exports, and B2B business growth. Multiple brokerages, including JPMorgan, Morgan Stanley, and Centrum Broking, have issued 'Buy' or 'Overweight' ratings with target prices between ₹1,800 and ₹2,050, citing strong growth drivers like premiumization and policy support.