GNG Electronics Ltd

Under this collaboration, Ingram Micro India and Supertron Electronics will distribute GNG's range of professionally refurbished laptops, desktops and enterprise computing systems under the Company's proprietary brand 'Electronics Bazaar'. The association is expected to expand GNG's reach across Tier-1, Tier-2 and Tier-3 markets in India, deepen enterprise and institutional penetration, and strengthen access to warranty-backed refurbished systems through established ICT distribution networks. The broader industry environment has supported increasing adoption of refurbished computers. Rising component costs, supply-side adjustments in the new PC market, and evolving enterprise procurement strategies have contributed to growing interest in professionally refurbished systems as a cost-efficient and scalable alternative. In this context, refurbished ICT devices are increasingly being integrated into structured procurement frameworks. Through these partnerships, GNG expects to enhance distribution velocity, improve geographic penetration, and further embed its products within organized channel ecosystems. GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices globally. As of 31 March 2025, the company had a significant presence across India, the USA, Europe, Africa and the UAE. It follows a repair-over-replacement model and refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs spanning laptops, desktops, tablets, servers, smartphones, workstations and accessories. On a consolidated basis, the company's PAT stood at Rs 38.7 crore in Q3 FY26, up 102.8% YoY from Rs 19.1 crore in Q3 FY25. Revenue from operations came in at Rs 487.2 crore in Q3 FY26, registering a strong 40.3% YoY growth over Rs 347.4 crore in Q3 FY25. Powered by Capital Market - Live

GNG Electronics has entered into separate strategic distribution partnerships with Ingram Micro India and Supertron Electronics for the nationwide distribution of its refurbished computers across India. These two partnerships mark a significant milestone in the Company's efforts to further formalize and scale the organized refurbished ICT segment through structured, pan-India channel access. Under this collaboration, Ingram Micro India and Supertron Electronics will distribute GNG's range of professionally refurbished laptops, desktops and enterprise computing systems under the Company's proprietary brand 'Electronics Bazaar'. The association is expected to expand GNG's reach across Tier 1, Tier 2 and Tier 3 markets in India, deepen enterprise and institutional penetration, and strengthen access to warranty-backed refurbished systems through established ICT distribution networks. Powered by Capital Market - Live

On a consolidated basis, PAT stood at Rs 38.7 crore in Q3 FY26, up 102.8% YoY from Rs 19.1 crore in Q3 FY25. On a sequential basis, profit rose 18.5% from Rs 32.7 crore in Q2 FY26. Revenue from operations came in at Rs 487.2 crore in Q3 FY26, registering a strong 40.3% YoY growth over Rs 347.4 crore in Q3 FY25. Revenue increased 10.8% QoQ from Rs 439.9 crore in Q2 FY26. Gross profit stood at Rs 101.3 crore, up 24% YoY from Rs 81.7 crore. Gross margin came in at 20.8%, lower by 273 bps YoY but higher by 87 bps QoQ. Profit before tax stood at Rs 42.8 crore in Q3 FY26, up 104.3% vs Q3 FY25 and higher by 18.6% QoQ from Rs 36.1 crore reported in Q2 FY26. EBITDA rose sharply to Rs 54.6 crore in Q3 FY26, compared with Rs 32 crore in Q3 FY25, marking a 70.5% YoY increase. Sequentially, EBITDA increased 16.7% from Rs 46.8 crore in Q2 FY26. EBITDA margin improved to 11.2% from 9.2% in Q3 FY25 and 10.6% in Q3 FY25. Employee benefit expenses stood at Rs 26.9 crore, up 0.4% YoY. Finance cost was largely stable at Rs 9 crore compared with Rs 8.9 crore in Q3 FY25. Sharad Khandelwal, managing director, highlighted that accelerating AI adoption and supply-side constraints in new computing hardware are pushing customers toward refurbished enterprise-grade devices as a cost-efficient and scalable alternative. Management believes the company is well positioned to capitalise on favourable industry trends while focusing on disciplined execution and long-term value creation. GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices globally. As of 31 March 2025, the company had a significant presence across India, the USA, Europe, Africa and the UAE. It follows a repair-over-replacement model and refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs spanning laptops, desktops, tablets, servers, smartphones, workstations and accessories. Powered by Capital Market - Live

Net profit of GNG Electronics rose 102.78% to Rs 38.69 crore in the quarter ended December 2025 as against Rs 19.08 crore during the previous quarter ended December 2024. Sales rose 40.26% to Rs 487.22 crore in the quarter ended December 2025 as against Rs 347.38 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales487.22347.38 40 OPM %11.088.83 - PBDT45.6223.07 98 PBT42.7720.94 104 NP38.6919.08 103 Powered by Capital Market - Live

GNG Electronics will hold a meeting of the Board of Directors of the Company on 5 February 2026.Powered by Capital Market - Live

On a consolidated basis, the company's net profit surged 41.6% to Rs 32.66 crore on a 24.8% rise in revenue from operations to Rs 439.91 crore in Q2 FY26 over Q2 FY25. Profit before tax climbed 52.9% year on year to Rs 36.12 crore in the quarter ended September 2025. EBITDA stood at Rs 46.8 crore in Q2 FY26, up 30.4% from the Rs 35.9 crore recorded in Q2 FY25. EBITDA margin improved to 10.6% from 10.2%, while PAT margin expanded by 88 bps to 7.4%, reflecting the company's focus on operational efficiency and expansion across key markets. Sharad Khandelwal, managing director, said, 'We are pleased to report another strong quarter, with revenue growing 24.7% YoY and margins improving'EBITDA margin up 46 bps to 10.6% and PAT margin up 88 bps to 7.4%. The growth reflects robust demand for ICT products, an expanding customer base, and a strong presence across India, the UAE, and the USA. Backed by a solid ESG framework and operational excellence, GNG Electronics remains confident of sustaining growth and driving its vision of promoting circular economy practices globally.' GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India, with significant presence across India, the USA, Europe, Africa, and the UAE, in terms of value, as of March 31, 2025. The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties.Powered by Capital Market - Live

On a consolidated basis, the company's net profit surged 41.6% to Rs 32.66 crore on a 24.8% rise in revenue from operations to Rs 439.91 crore in Q2 FY26 over Q2 FY25. Profit before tax climbed 52.9% year on year to Rs 36.12 crore in the quarter ended September 2025. EBITDA stood at Rs 46.8 crore in Q2 FY26, up 30.4% from the Rs 35.9 crore recorded in Q2 FY25. EBITDA margin improved to 10.6% from 10.2%, while PAT margin expanded by 88 bps to 7.4%, reflecting the company's focus on operational efficiency and expansion across key markets. Sharad Khandelwal, managing director, said, 'We are pleased to report another strong quarter, with revenue growing 24.7% YoY and margins improving'EBITDA margin up 46 bps to 10.6% and PAT margin up 88 bps to 7.4%. The growth reflects robust demand for ICT products, an expanding customer base, and a strong presence across India, the UAE, and the USA. Backed by a solid ESG framework and operational excellence, GNG Electronics remains confident of sustaining growth and driving its vision of promoting circular economy practices globally.' GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India, with significant presence across India, the USA, Europe, Africa, and the UAE, in terms of value, as of March 31, 2025. The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties. Shares of GNG Electronics rose 2.88% to close at Rs 346.15 on the BSE.Powered by Capital Market - Live

Net profit of GNG Electronics rose 41.63% to Rs 32.66 crore in the quarter ended September 2025 as against Rs 23.06 crore during the previous quarter ended September 2024. Sales rose 24.75% to Rs 439.92 crore in the quarter ended September 2025 as against Rs 352.65 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales439.92352.65 25 OPM %10.589.32 - PBDT38.3426.05 47 PBT36.1223.61 53 NP32.6623.06 42 Powered by Capital Market - Live

GNG Electronics will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

Profit before tax (PBT) climbed 42.94% YoY to Rs 22.47 crore in Q1FY26. EBITDA stood at Rs 35.17 crore in Q1 FY26, registering the growth of 27.9% compared with Rs 27.50 crore posted in same quarter last year. EBITDA margin increased 11.3% in Q1 FY26 as against 10.8% in Q1 FY25. Sharad Khandelwal, managing director, GNG Electronics, said, 'In Q1 FY26, we delivered a resilient performance with healthy revenue growth, enhanced margins, and profitability in line with expectations. As India's largest and among the world's leading refurbishers of ICT devices, we are strategically positioned to benefit from rising global demand for affordable and sustainable technology. With a strong international footprint, a robust procurement and refurbishment ecosystem, and deep focus on ESG, we remain committed to driving sustainable growth, profitability, and long-term value creation for all our stakeholders.' GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India with significant presence across India, USA, Europe, Africa and UAE, in terms of value, as of March 31, 2025. The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties.Powered by Capital Market - Live