LGEINDIA Approves FY26 Financial Results, Appoints Secretarial & Internal Auditors
LG Electronics India (LGEINDIA) approved financial results for the quarter and year ended March 31, 2026, on May 21, 2026. Revenue from operations stood at ₹24,604.91 Crore and Net profit stood at ₹1,685.09 Crore. M/s. Dhananjay Shukla & Associates were appointed as Secretarial Auditor for five years (2026-27 to 2030-31), and Internal Auditors were appointed for FY27.
The announcement covers financial results and auditor appointments, important for compliance and investor confidence, but not indicative of major strategic shifts.
The announcement includes approval of financial results and appointment of auditors, indicating standard corporate governance and reporting, and the audit report received an Unmodified Opinion.
LG Electronics India Limited (LGEINDIA) announced the approval of its financial results for the quarter and year ended March 31, 2026, during a Board of Directors meeting held on May 21, 2026. The Board also approved the appointment of M/s. Dhananjay Shukla & Associates as the Secretarial Auditor for a term of five consecutive financial years from 2026-27 to 2030-31, subject to shareholder approval, and appointed Internal Auditors for the financial year 2026-27. The audit report for the financial year ended March 31, 2026, received an Unmodified Opinion from the Statutory Auditors. The board meeting commenced at 05:05 P.M. (IST) and concluded at 6:20 P.M. (IST). Price Waterhouse Chartered Accountants LLP performed the audit and provided an unmodified opinion on the financial results. Revenue from operations stood at ₹24,604.91 Crore and Net profit stood at ₹1,685.09 Crore for the year ended March 31, 2026.
The company's equity shares were listed on the National Stock Exchange of India Limited (“NSE") and BSE Limited (“BSE") on October 14, 2025. The financial results include the results for the quarter ended March 31, 2026 being the balancing figures between the audited figures in respect of the full financial year and the unaudited year to date figures up to the third quarter of the current financial year.
Based on the best available information and guidance from the Institute of Chartered Accountants of India, the Company recognised an incremental impact of ₹12.45 Crore towards gratuity and compensated absences in the Financial Results for the year ended March 31, 2026, primarily due to the revised wage definition.
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