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GNG Electronics Q3 FY26 Revenue Up 40.3% to ₹487.2 Cr, PAT Soars 102.8% to ₹38.7 Cr

GNG Electronics Limited

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February 5, 2026, 03:32 PM

GNG Electronics reported Q3 FY26 results with revenue up 40.3% YoY to ₹487.2 Cr. PAT surged 102.8% YoY to ₹38.7 Cr. For 9M FY26, revenue increased 29.7% YoY to ₹1,239.4 Cr and PAT grew 65.5% YoY to ₹89.9 Cr. The company sees strong demand for refurbished devices.

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GNG Electronics Limited announced its un-audited financial results for the quarter and Nine Months ended December 31st, 2025. The company reported a significant year-on-year growth, with revenue from operations for Q3 FY26 standing at ₹487.2 Cr, an increase of 40.3%. EBITDA for the quarter rose by 70.5% YoY to ₹54.6 Cr, with EBITDA margins improving to 11.2% (up 199 bps YoY). Profit After Tax (PAT) demonstrated substantial growth, increasing by 102.8% YoY to ₹38.7 Cr, resulting in a PAT margin of 7.9% (up 245 bps YoY).

For the Nine Months ended December 31st, 2025, Revenue from Operations reached ₹1,239.4 Cr, up 29.7% YoY. EBITDA for the nine-month period was ₹136.5 Cr, a 43.1% increase YoY, with EBITDA margins at 11.0% (up 103 bps YoY). PAT for 9M FY26 stood at ₹89.9 Cr, up 65.5% YoY, with a PAT margin of 7.3% (up 157 bps YoY).

Mr. Sharad Khandelwal, Managing Director, GNG Electronics Limited, commented on the results, highlighting robust growth and improved profitability. He noted that the industry is being shaped by accelerating AI adoption and supply-side constraints in new hardware, leading to a structural shift towards refurbished enterprise-grade devices as a preferred alternative. The company, with its presence in 44 countries and advanced refurbishment facilities, is well-positioned to capitalize on these dynamics. GNG Electronics Limited is India’s largest refurbisher of laptops and desktops, with operations in India, the USA, Europe, Africa, and the UAE.

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