Redington Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Redington Limited announced its Q1 FY26 results on July 30, 2025, with the board approving unaudited financial results reviewed by statutory auditor Deloitte Haskins & Sells (clean limited review report, no qualifications). On a standalone basis, revenue from operations grew 23.8% YoY to ₹12,757.26 Crore (vs ₹10,301.59 Crore in Q1 FY25), while profit after tax rose 28.6% YoY to ₹200.21 Crore (vs ₹155.67 Crore), with EPS of ₹2.56 (vs ₹1.99). On a consolidated basis, revenue grew 22.1% YoY to ₹25,951.99 Crore (vs ₹21,262.33 Crore), while consolidated PAT was ₹232.98 Crore, up about 7.3% YoY; profit attributable to shareholders was ₹275.27 Crore, up 11.9% YoY, with EPS of ₹3.52 (vs ₹3.15). Profit before tax on a consolidated basis of ₹304.33 Crore was lower than the previous quarter (₹1,148.14 Crore) because Q4 FY25 included a ₹625.77 Crore exceptional item; no exceptional item was recorded in Q1 FY26. Operating margin was largely stable at around 2.4%, and net profit margin edged up to 1.57% from 1.51% YoY on a standalone basis. The company continues to apply hyperinflationary accounting (Ind AS 29) for Turkish operations, and noted that Mr. V S Hariharan's appointment as MD & Group CEO (for 5 years from Feb 2025) was approved by members via postal ballot in April 2025.
Strong double-digit YoY revenue and profit growth, with standalone PAT growing over 25%, signals healthy business momentum and is positive for shareholders; consolidated PAT growth was more modest due to weakness in two overseas step-down subsidiaries, but overall the quarter reflects solid execution with stable margins in a typically low-margin IT distribution business.