Redington Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 6.8 per equity share.
REDINGTON · price
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Redington's Board has recommended a final dividend of ₹6.80 per equity share (340% of the ₹2 face value) for FY25, subject to shareholder approval. The record date is July 4, 2025, and the AGM is scheduled for July 29, 2025. For FY25, standalone revenue rose about 19% to ₹48,902.50 Cr with profit after tax of ₹1,443.76 Cr (up ~34% YoY), while consolidated revenue grew about 11% to ₹99,333.65 Cr with PAT of ₹1,820.62 Cr (up ~47% YoY). Consolidated Q4 PAT jumped to ₹917.74 Cr, lifted by an exceptional gain of ₹625.77 Cr from the completed divestment of its Turkish fintech unit Paynet for ₹763.20 Cr. The company also appointed M/s. B Chandra & Associates as secretarial auditor for five years from FY26 to FY30. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on the financial results.
Strong earnings growth, a healthy dividend, and a sizable one-time gain from the Paynet sale point to solid shareholder returns and improved cash position, likely supporting positive investor sentiment in the near term.