GNG Electronics Limited — Earnings Release 2026

Feb 5, 2026

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February 05, 2026

To, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai 400051 NSE Symbol - EBGNG

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code – 544455

Sub: Press Release - GNG Electronics Limited announces its un-audited financial results for the quarter ended December 31, 2025

Dear Sir/Madam,

In continuation of submission of our Unaudited Financial Results (Standalone and Consolidated) for the quarter ended December 31, 2025 (“Financial Results”), we attach a copy of Press Release being issued by the Company in this regard.

The Press Release is also being uploaded on the Company's website at https://www.electronicsbazaar.com/

Please take the above information on record.

FOR GNG ELECTRONICS LIMITED

Digitally signed by SARITA SARITA TUFANI TUFANI VISHWAKARMA VISHWAKARMA Date: 2026.02.05 20:58:07 +05'30'

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Sarita Vishwakarma Company Secretary & Compliance officer Membership No. A59547

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Q3 FY26 Earnings Release

• Revenue up by 40.3% YoY to ₹ 487.2 Cr

• EBITDA up by 70.5% YoY to ₹ 54.6 Cr

• PAT up by 102.8% YoY to ₹ 38.7 Cr

India, February, 5[th ] 2026: GNG Electronics Limited, India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India, today announced its un-audited financial results for the quarter and the Nine Months ended December 31[st] , 2025.

Key Consolidated Highlights:

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Particulars (INR Cr) Q3 FY26 Q3 FY25 YoY 9M FY26 9M FY25 YoY
Revenue from operations 487.2 347.4 40.3% 1,239.4 955.3 29.7%
EBITDA 54.6 32.0 70.5% 136.5 95.4 43.1%
EBITDA Margins 11.2% 9.2% 199 bps 11.0% 10.0% 103 bps
PAT 38.7 19.1 102.8% 89.9 54.3 65.5%
PAT Margins 7.9% 5.5% 245 bps 7.3% 5.7% 157 bps
EPS Basic 3.34 1.75 7.85 4.78
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Performance Highlights for Q3 FY26:

• Revenue from Operations stood at ₹487.2 Cr, an increase of 40.3% YoY

• EBITDA came in at ₹ 54.6Cr, up 70.5% YoY, with an EBITDA margin of 11.2% (up 199 bps YoY)

• Profit After Tax stood at ₹ 38.7 Cr, up 102.8% YoY, with a PAT margin of 7.9% (up 245 bps YoY)

Performance Highlights for 9M FY26:

• Revenue from Operations stood at ₹ 1,239.4 Cr, up 29.7% YoY

• EBITDA stood at ₹ 136.5 Cr, up 43.1% YoY, with an EBITDA margin of 11.0 % (up 103 bps YoY)

• PAT stood at ₹ 89.9 Cr, up 65.5% YoY, with a PAT margin of 7.3% (up 157 bps YoY)

Commenting on the results, Mr. Sharad Khandelwal, Managing Director, GNG Electronics Limited said,

“We are pleased to report a strong quarter, marked by robust growth and continued improvement in profitability, reflecting consistent execution across our operations and sustained demand across markets.

The current industry environment is being shaped by accelerating AI adoption and supply-side constraints in new computing hardware. Rising component costs and limited availability of new PCs are driving a structural shift in customer preferences, with refurbished enterprise-grade devices increasingly being adopted as a reliable, cost-efficient, and scalable alternative.

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With our presence across 44 countries, advanced refurbishment facilities in India, the UAE, and the USA, and the growing strength of our Electronics Bazaar brand, we are well positioned to capitalise on these favorable industry dynamics. We remain focused on disciplined execution, supply readiness, and long-term value creation while advancing circular economy outcomes for our stakeholders.”

About GNG Electronics Limited

GNG Electronics Limited 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, USA, Europe, Africa and UAE, in terms of value, as of March 31, 2025. The company follows a repairover-replacement approach to provide affordable, reliable, and premium ICT devices functionally and aesthetically comparable to new products, backed by industry-leading warranties. With a strong presence across India, the USA, Europe, Africa, and the UAE, the company refurbished nearly 5.9 lakh devices in FY25, offering a portfolio of 5,840 SKUs including laptops, desktops, tablets, servers, premium smartphones, workstations, and accessories.

For more information, please visit www.electronicsbazaar.com

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For further information please contact:
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For further information please contact:	For further information please contact:	For further information please contact:	For further information please contact:
	GNG Electronics Limited Mr. Rohit Agarwal rohit.agarwal@electronicsbazaar.com		Investor Relations Advisors, Adfactors PR Mr. Sumit Kinikar/ Ms. Mamta Samat sumit.kinikar@adfactorspr.com /mamta.samat@adfactorspr.com
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Cautionary statement concerning forward-looking statements:

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.