Redington Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Redington reported consolidated revenue of ₹1,19,162 Crores for FY26, up 20% from ₹99,334 Crores in FY25, driven by growth in both India/South Asia and Rest of World segments. However, profit after tax declined 29.5% to ₹1,284 Crores from ₹1,821 Crores, impacted by a ₹152.31 Crores exceptional impairment charge related to its Arena Turkey subsidiary due to challenging economic conditions there. Standalone PAT stood at ₹1,244 Crores. The Board recommended a final dividend of ₹6 per share (300% of face value). Deloitte Haskins & Sells issued an unmodified audit opinion on both standalone and consolidated results. The company also completed re-domiciliation of its Mauritius subsidiary to UAE and completed an internal restructuring in Turkey.
Strong revenue growth was offset by a significant PAT decline due to an exceptional impairment charge, which will likely create near-term pressure on stock sentiment despite the positive revenue trajectory and dividend recommendation.