24-May-2026
Corporate News
 
LG targets double-digit growth despite Iran war-led inflation
23-May-2026

LG Electronics India is targeting double-digit revenue growth and double-digit EBITDA margins in FY27 despite rising commodity prices, currency volatility and concerns over slowing consumer demand amid geopolitical tensions linked to the Iran war. Sanjay Chitkara, director and co-chief sales and marketing officer at LG Electronics India said strong summer demand, premiumisation and deeper localisation would help cushion the impact of higher crude-linked input costs even after multiple price hikes across cooling products.

News Source:- https://www.financialexpress.com/business/news/lg-targets-double-digit-growth-despite-iran-war-led-inflation/4248354/