Redington Ltd reported a consolidated net profit of ₹453.49 crore for the quarter ended June 30, 2026, compared with ₹232.98 crore in the same period last year, registering a 94% year-on-year increase, as per news reports.
Revenue from operations rose 34.6% to ₹34,922.47 crore from ₹25,951.99 crore, while the company recorded its highest quarterly revenue so far.
The earnings growth was supported by higher sales across India and overseas operations, along with improved operating performance during the quarter.
The Singapore, India and South Asia (SISA) business reported 63% revenue growth compared with the year-ago period.
Within the segment, Mobility Solutions revenue increased 88%, Technology Solutions grew 57%, End Point Solutions rose 49%, and Software Solutions expanded 42%.
The company attributed the performance to large enterprise orders, stronger PC pricing due to memory supply constraints, higher demand for premium smartphones, and continued spending on cloud and cybersecurity products.
EBITDA stood at ₹708 crore, up 76.9% from the corresponding quarter last year. EBITDA margin improved to 2.03% from 1.54%, reflecting higher operating profit relative to revenue.
Outside India, revenue from the Middle East and Africa business increased 15% despite geopolitical disruptions. The Rest of the World business, excluding Arena, recorded 16% revenue growth, while profit after tax from the segment rose 81%, supported by lower costs and a favourable base.
The Software Solutions business reported 52% global growth during the quarter. ProConnect, the company's logistics subsidiary, posted its highest quarterly revenue, rising 38% from a year earlier.
Redington also reported lower global working capital days at 32, compared with 37 in the corresponding quarter last year. Apple's share of total revenue declined to 31% from 34%, reflecting a broader vendor mix across the business.
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As of July 30, 2026, 1:10 pm, Redington Ltd share price was trading at ₹313.10, up 8.92% from the previous closing price.
Despite stronger earnings, free cash flow remained negative at ₹995 crore against negative ₹940 crore a year ago. The company said the increase in working capital investment, required to support higher business volumes, weighed on cash flow during the quarter.
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Published on: Jul 30, 2026, 2:33 PM IST
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