GNG Electronics Limited, previously known as GNG Electronics Private Limited, has announced its unaudited financial results for Q3 2025 on November 6, 2025. The results were officially approved by the Board of Directors during their meeting on November 4, 2025. The publication, which complies with the Securities and Exchange Board of India's Listing Obligations and Disclosure Requirements, appeared in the Financial Express and Loksatta on the same day. The company, based in Mumbai, has provided further details on its website for stakeholders and investors.
In the financial results for the quarter ending September 30, 2025, GNG Electronics reported an increase in total revenues, reflecting a gross direct premium growth rate of 16% compared to the same quarter last year, where it was 11%. Despite this positive trend, the company faced challenges, reporting a loss of Rs. 27,496 lakhs, which is significantly higher than the loss of Rs. 14,689 lakhs recorded in Q3 2024. The claim incurred (net) also rose to Rs. 90,565 lakhs, marking a considerable increase from Rs. 56,715 lakhs in the previous year.
Looking forward, GNG Electronics aims to enhance operational efficiencies and stabilize its financial performance. The company’s net worth has improved by 21% year-on-year, although the net incurred claims to net earned premium ratio stands at a concerning 99%. This high ratio suggests ongoing challenges in underwriting profitability. Stakeholders are encouraged to monitor future updates from GNG Electronics as it navigates these financial dynamics and works towards restoring profitability in subsequent quarters.