GNG Electronics Reports Strong Q1 FY2026 Results, Schedules Investor Call
GNG Electronics Limited, India's largest refurbisher of laptops and desktops, announced robust Q1 FY2026 financial results. Consolidated revenue increased by 22.3% to INR 3,122.79 crore, while profit after tax (PAT) grew by 52.4% to INR 185.20 crore compared to Q1 FY2025. EBITDA rose by 27.4% to INR 351.66 crore, with an improved margin of 11.3%. The company refurbished 590,787 devices in the past year and operates across 38 countries. GNG Electronics expanded operations to Dallas, Texas in 2024 and received the R2V3 certification for responsible recycling. An investor call is scheduled for August 19, 2025, to discuss results and future strategies.

*this image is generated using AI for illustrative purposes only.
GNG Electronics Limited , India's largest refurbisher of laptops and desktops, has announced its financial results for the first quarter of fiscal year 2026, showcasing robust growth across key metrics. The company has also scheduled an investor and analyst call for August 19, 2025, to discuss these results and future prospects.
Financial Highlights
GNG Electronics reported a consolidated revenue of INR 3,122.79 crore for Q1 FY2026, marking a significant 22.3% increase from INR 2,553.15 crore in the same quarter last year. The company's profitability also saw substantial growth, with profit after tax (PAT) rising to INR 185.20 crore, up 52.4% from INR 121.49 crore in Q1 FY2025.
Key financial metrics for Q1 FY2026:
Metric | Q1 FY2026 | Q1 FY2025 | YoY Growth |
---|---|---|---|
Revenue | 3,122.79 | 2,553.15 | 22.3% |
EBITDA | 351.66 | 275.96 | 27.4% |
PAT | 185.20 | 121.49 | 52.4% |
EPS (Basic) | 2.03 | 1.12 | 81.3% |
All financial figures in INR crore, except EPS
The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at INR 351.66 crore, representing a 27.4% increase from the previous year. The EBITDA margin improved to 11.3% from 10.8% in Q1 FY2025.
Operational Performance
GNG Electronics continues to strengthen its position in the refurbished electronics market. The company operates across 38 countries and has refurbished 590,787 devices in the past year. With 4,154 procurement partners and a skilled workforce of 949 refurbishing technicians, GNG Electronics is well-positioned to capitalize on the growing demand for refurbished ICT devices.
Expansion and Certifications
The company has been making strategic moves to expand its global footprint. In 2024, GNG Electronics established operations in Dallas, Texas, enhancing its presence in the North American market. Additionally, the company received the R2V3 certification, which is recognized as the highest standard in responsible recycling and sustainable practices in the electronics industry.
Market Opportunity
The global used and refurbished electronics market is projected to grow from $207 billion in 2023 to $335 billion in 2028, presenting significant opportunities for GNG Electronics. The company's multi-channel and multi-geography presence, along with its focus on quality and sustainability, positions it well to capture a larger share of this expanding market.
Investor Call Details
GNG Electronics has scheduled an investor and analyst call for August 19, 2025, at 06:00 PM (IST) to discuss the Q1 FY2026 results and provide insights into the company's performance and future strategies. The company has also submitted its investor presentation to stock exchanges, which will be available on the company's website.
Sharad Khandelwal, Managing Director of GNG Electronics, commented on the results, stating, "Our strong performance in Q1 FY2026 reflects the growing demand for high-quality refurbished electronics and our ability to meet this demand efficiently. We remain committed to expanding our global footprint, enhancing our operational capabilities, and driving sustainable growth in the refurbished ICT devices market."
As GNG Electronics continues to grow and expand its operations, investors and analysts will be keen to hear more about the company's strategies for maintaining its growth trajectory and capitalizing on the expanding global market for refurbished electronics during the upcoming investor call.
Historical Stock Returns for GNG Electronics
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.18% | +4.95% | +1.38% | +1.38% | +1.38% | +1.38% |