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Grupo Elektra Reports Second Quarter Net Profit of Ps.560 Million

Grupo Elektra posted a net profit of Ps.560 million for the second quarter of 2026, a significant decline from the Ps.2,696 million recorded during the same period last year. The retail and financial services giant saw its consolidated revenue dip to Ps.47,761 million amid broader shifts in its financial results.

Grupo Elektra Reports Second Quarter Net Profit of Ps.560 Million
Photo: Bio & News

The company's performance was impacted by a foreign exchange loss of Ps.182 million, a stark reversal from the Ps.584 million profit reported a year ago, driven by the peso's appreciation against the dollar. EBITDA for the quarter reached Ps.5,353 million, down from Ps.6,129 million in 2025. Despite these pressures, the firm maintained a robust loan portfolio, with the consolidated gross loan balance rising to Ps.214,360 million by June 30, 2026. Banco Azteca México, a key component of the group, reported a non-performing loan ratio of 5.35% and a capitalization ratio of 14.67%. Consolidated deposits also saw growth, reaching Ps.255,724 million compared to Ps.248,988 million in the previous year. The group currently operates 5,966 points of contact across Mexico, Central America, and the United States.

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