GNG Electronics Q1 FY26 Earnings Results: Revenue at ₹312 Crore, Net Profit at ₹18.5 Crore with stronger margins

On August 20, 2025, GNG Electronics Limited, India’s leading refurbisher of laptops and desktops and one of the largest refurbishers of ICT devices globally and domestically, announced its financial results for the quarter ending June 30, 2025, reporting strong year-on-year growth.

Financial Performance (Q1 FY26 vs Q1 FY25)

• Revenue: ₹312.28 crore, up 22.31% YoY (from ₹255.31 crore).
• EBITDA: ₹35.17 crore, up 27.9% YoY (from ₹27.50 crore).
• PAT (Net Profit): ₹18.52 crore, up 52.4% YoY (from ₹12.15 crore).
• Gross Margin: 21.4% (vs 20.2% last year, 15.0% in Q4 FY25).
• EBITDA Margin: 11.3% (vs 10.8% last year, 6.8% in Q4 FY25).
• PAT Margin: 5.94% (vs 4.8% last year).

Operational Highlights

• Strong 22% YoY revenue growth driven by higher demand and better realizations.
• Profitability improved significantly, with net profit rising 52.4% YoY and 25.6% QoQ.
• Expansion of customer base to 4,154 in FY25 (vs 1,833 in FY23).
• Refurbished 5.91 lakh devices in FY25, more than double FY23 levels.
• Partnerships with HP and Lenovo as Certified Refurbishment Partner.
• Five refurbishment facilities across India, UAE, and USA with advanced repair processes.

Management Commentary

Sharad Khandelwal, MD of GNG Electronics, said, “We have delivered resilient performance with strong growth in revenue, margins, and profits. With rising demand for sustainable technology and our global presence, we are confident of driving long-term growth and value for stakeholders.”

About GNG Electronics Limited

• India’s largest refurbisher of laptops and desktops, and among the world’s leading ICT refurbishers.
• Strong presence across India, USA, Europe, Africa, and UAE.
• Product portfolio of 5,840 SKUs including laptops, desktops, tablets, smartphones, servers, and accessories.
• Focus on repair-over-replacement to provide affordable and reliable ICT products with premium warranties.

Read More: Denta Water & Infra Solutions Share Price in Focus as Q1 FY26 Net Profit Jumps 41% YoY, Sales up 36%.

GNG Electronics Share Price Movement

As of August 20, 2025, GNG Electronics share price (NSE: EBGNG) is trading at ₹344.80, up ₹7.85 or 2.33% for the day. The stock opened at ₹344.00 and touched a high of ₹352.85 and a low of ₹340.35 during the session. The company’s market capitalization stands at ₹3,930 crore, with a price-to-earnings (P/E) ratio of 48.66. GNG Electronics has not declared any dividend yield. Over the past 52 weeks, the stock has reached a high of ₹359.40 and a low of ₹300.00.

Conclusion

GNG Electronics has delivered an impressive Q1 FY26 performance with strong revenue growth, rising profits, and improved margins. With its global presence, strong customer base, and sustainability-driven business model, the company is well-positioned to capture a larger share of the fast-growing refurbished ICT market.

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