GNG Electronics Q1 FY27 Revenue Surges 32.1% to ₹412.5 Cr
GNG Electronics Limited announced its unaudited financial results for Q1 FY27, reporting a significant 32.1% year-on-year increase in revenue to ₹412.5 Cr. EBITDA grew by 50.4% YoY to ₹52.9 Cr, with EBITDA margins improving by 156 basis points to 12.8%. Profit After Tax (PAT) saw a substantial rise of 56.2% YoY to ₹28.9 Cr, resulting in improved PAT margins of 7.0%. The company attributes this strong performance to the growing global demand for refurbished ICT devices, driven by enterprise adoption, cost optimization, and sustainability initiatives. GNG Electronics also highlighted its expanding global presence, increased customer touchpoints, and strategic partnerships aimed at strengthening its distribution network.
Key Highlights
- Revenue from operations increased by 32.1% YoY to ₹412.5 Cr.
- EBITDA grew 50.4% YoY to ₹52.9 Cr, with margins up 156 bps.
- PAT rose 56.2% YoY to ₹28.9 Cr, with margins up 108 bps.
- Company expanding global reach and strengthening distribution ecosystem.
- Positive outlook on the growing refurbished ICT industry.
Price Impact
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