EBITDA stood at Rs 46.8 crore in Q2 FY26, up 30.4% from the Rs 35.9 crore recorded in Q2 FY25. EBITDA margin improved to 10.6% from 10.2%, while PAT margin expanded by 88 bps to 7.4%, reflecting the company’s focus on operational efficiency and expansion across key markets.

Sharad Khandelwal, managing director, said, “We are pleased to report another strong quarter, with revenue growing 24.7% YoY and margins improving—EBITDA margin up 46 bps to 10.6% and PAT margin up 88 bps to 7.4%. The growth reflects robust demand for ICT products, an expanding customer base, and a strong presence across India, the UAE, and the USA. Backed by a solid ESG framework and operational excellence, GNG Electronics remains confident of sustaining growth and driving its vision of promoting circular economy practices globally.”

GNG Electronics is India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India, with significant presence across India, the USA, Europe, Africa, and the UAE, in terms of value, as of March 31, 2025. The company follows a repair-over-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties.