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.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: