GNG Electronics Limited reported a significant surge in profitability for the quarter ended June 30, 2026, with consolidated net profit rising 57% year-on-year to ₹289.30 million. The growth was driven by a 32% increase in consolidated revenue from operations, which reached ₹4,124.61 million compared to ₹3,122.79 million in the same period last year. Adding to the strong headline numbers, consolidated EBITDA climbed to ₹494 million from ₹323 million in the year-ago period, with the EBITDA margin expanding to 11.97% from 10.35%. This performance underscores the company's expanding scale in the Information and Communication Technologies (ICT) device sector, where it operates as a single business segment with geographical splits between domestic sales and exports.

The Board of Directors approved the unaudited financial results at a meeting held on July 30, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Shankarlal Jain & Associates LLP. The filing confirms that the figures for the preceding quarter ended March 31, 2026, represent balancing figures between audited full-year data and unaudited year-to-date figures up to December 31, 2025.

Financial Performance Overview

The company demonstrated strong top-line and operating growth across both standalone and consolidated structures. Standalone revenue from operations increased 39% year-on-year to ₹2,397.56 million, up from ₹1,721.38 million in Q1FY26. Consequently, standalone net profit climbed 56% to ₹159.38 million from ₹101.81 million in the prior year period. Earnings per share (basic) for the standalone entity rose to ₹1.40 from ₹1.05.

On a consolidated basis, the company benefited from its subsidiary network, including Electronics Bazaar FZC and its step-down subsidiaries in the USA and Netherlands. The consolidated profit before tax stood at ₹357.41 million, significantly higher than the ₹224.70 million recorded in Q1FY26. Total tax expenses amounted to ₹68.11 million, comprising current tax of ₹63.71 million and deferred tax of ₹4.40 million.

The table below presents a snapshot of key financial metrics across both consolidated and standalone structures:

What the Numbers Show

A key analytical observation is the divergence in inventory management strategies between the standalone and consolidated entities. While the standalone entity reported a positive change in inventory of ₹754.05 million—indicating a drawdown of stock that reduced direct costs—the consolidated entity saw an increase in inventory by ₹381.61 million. This suggests that while the Indian parent company may be clearing existing stock, its international subsidiaries are building inventory, potentially in anticipation of higher demand or supply chain adjustments. Additionally, finance costs rose modestly, with consolidated finance costs increasing to ₹138.57 million from ₹106.56 million, reflecting the capital requirements associated with the expanded operational footprint.

The auditor's report highlights that the consolidated statement includes financials from step-down subsidiaries incorporated in the USA, where local law does not mandate an audit. Consequently, these figures were adopted based on management-provided data and limited reviewed by NBN Auditing & Accounts of UAE. The paid-up equity share capital remained unchanged at ₹228.02 million, with a face value of ₹2 per share.

GNG Electronics has released the access details for its earnings conference call scheduled for Thursday, July 30, 2026, at 06:00 PM IST. The event will focus on the company's financial results for the first quarter of fiscal year 2027 (Q1FY27). Managing Director Sharad Khandelwal and Director Ajay Pancholi will lead the discussion with analysts and investors. This update follows an initial notice issued on July 27, 2026, which announced the date and time but lacked logistical specifics.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on July 28, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Sarita Vishwakarma, Company Secretary & Compliance Officer, digitally signed the communication at 17:32:22 IST on July 28, 2026. The filing serves as a continuation of the previous notice, providing the necessary technical information for participants to join the virtual meeting.

Call Access and Speakers

Participants are advised to dial in at 5:55 PM IST to ensure timely entry. The company has provided multiple contact options for domestic and international attendees. Prior registration is required via the provided link to access the session securely.

The session will be conducted by Sharad Khandelwal, Managing Director, and Ajay Pancholi, Director. These executives will address queries regarding the company's operational performance and financial health for Q1FY27.

Regulatory and Corporate Details

GNG Electronics Limited, formerly known as GNG Electronics Private Limited, is listed on major Indian stock exchanges. The company's Corporate Identification Number (CIN) is L72900MH2006PLC165194. The Board of Directors meeting precedes the earnings call on the same day, July 30, 2026, although the specific timing for the board meeting was not disclosed in this filing.

Investors seeking further information can contact GNG Electronics Limited through their official channels:

• Address: 415, Hubtown Solaris, N. S. Phadke Marg, Opp. Saiwadi Telli Gali, Andheri (East), Mumbai - 400 069, Maharashtra, India.
• Email: compliance@electronicsbazaar.com
• Telephone: +91 22 3123 6588
• Website: www.electronicsbazaar.com