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EBGNG GNG Electronics News Story

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India's GNG Electronics gains after Q1 proft jump

** Shares of GNG Electronics GNGL.NS rise 3.9% to 350.10 rupees

** GNGL's Q1 consol profit jumps 52.4% Y/Y; consol revenue rises 22.3% Y/Y; EBITDA margin at 11.3% vs 10.8% year ago

** GNG Electronics is parent of Electronics Bazaar, which offers refurbished laptops and desktops

** GNGL up ~4% since listing on July 30

($1 = 87.0990 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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