Redington Ltd reported its highest-ever first-quarter revenue for the period ended June 30, 2025 (Q1FY26), clocking ₹26,002 crore—a robust 22% increase year-on-year (YoY). Net profit for the quarter also rose 12% YoY to ₹315 crore, up from ₹274 crore in Q1FY25, reflecting the company’s consistent momentum across business verticals and geographies.
This record performance was fueled by high growth in the premium mobility segment, strong execution in large IT deals, and continued expansion in key international markets such as UAE and Saudi Arabia.
Key Financial Highlights (Q1FY26 vs Q1FY25)
-
Revenue: ₹26,002 crore vs ₹21,288 crore — up 22%
-
Gross Margin (GM): ₹1,194 crore vs ₹1,060 crore — up 13%
-
EBITDA: ₹500 crore vs ₹452 crore — up 11%
-
Profit After Tax (PAT): ₹315 crore vs ₹274 crore — up 15%
-
PAT excluding Arena: Stood at 1.32% for the quarter
Segmental Growth Highlights
-
Mobility Business: Grew by 44% YoY, driven by strong traction in premium devices.
-
Cloud Business: Surged 41% YoY on the back of rising subscription and consumption model adoption.
-
Technology Solutions Group (TSG): Rose 21% YoY, led by large deal wins and ongoing digital transformation trends.
Commenting on the results, Mr. V.S. Hariharan, Managing Director & Group CEO of Redington Ltd, said:
“In Q1FY26, our growth has been stellar, led by Cloud, Mobility & Technology Solutions. India, UAE, and KSA have been pivotal growth engines, and we are seeing strong momentum across our strategic focus areas.”
Redington’s continued investment in next-gen technologies—such as cloud, cybersecurity, AI, and sustainable tech—is reinforcing its evolution into a full-stack technology solutions provider. The company remains committed to enabling digital-first transformation for SMBs, enterprises, and public sector organizations globally.
