SELECT 
  gp.*, 
  p.company_id 
FROM 
  cscart_product_variation_group_products AS gp 
  LEFT JOIN cscart_products AS p ON gp.product_id = p.product_id 
WHERE 
  gp.group_id IN (12480)

Query time 0.00076

JSON explain

{
  "query_block": {
    "select_id": 1,
    "nested_loop": [
      {
        "table": {
          "table_name": "gp",
          "access_type": "ref",
          "possible_keys": ["idx_group_id"],
          "key": "idx_group_id",
          "key_length": "3",
          "used_key_parts": ["group_id"],
          "ref": ["const"],
          "rows": 8,
          "filtered": 100
        }
      },
      {
        "table": {
          "table_name": "p",
          "access_type": "eq_ref",
          "possible_keys": ["PRIMARY"],
          "key": "PRIMARY",
          "key_length": "3",
          "used_key_parts": ["product_id"],
          "ref": ["dev_db.gp.product_id"],
          "rows": 1,
          "filtered": 100
        }
      }
    ]
  }
}

Result

product_id parent_product_id group_id company_id
16518 5623 12480 434
16517 5623 12480 434
16516 5623 12480 434
16515 5623 12480 434
16514 5623 12480 434
16513 5623 12480 434
16512 5623 12480 434
16511 5623 12480 434
5623 0 12480 434