Redington shares in focus after Q4 profit jumps 183% YoY on broad-based demand
Redington shares
will be in focus on Tuesday after the technology solutions provider reported a sharp 183% year-on-year (YoY) rise in net profit for the March quarter, driven by strong demand across markets.
The company posted a consolidated net profit of Rs 917.7 crore for Q4 FY25, compared to Rs 323.9 crore in the same period last year. Revenue rose 17.9% YoY to Rs 26,439.7 crore from Rs 22,433.4 crore in Q4 FY24.
EBITDA for the quarter rose 30% to Rs 596.9 crore, while margins improved to 2.3% from 2% a year ago, reflecting operational efficiencies.
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For the full year ended March 31, 2025, Redington reported record consolidated revenue of Rs 99,562 crore, up 11% YoY. Normalised profit after tax (excluding one-time divestment gain) stood at Rs 1,340 crore, marking a 10% YoY increase.
The company's growth was supported by broad-based demand. In Q4, revenue in India rose 26% YoY, while the UAE market grew by 24%. Redington also saw solid traction in Saudi Arabia and Africa, aided by enhanced go-to-market capabilities and expanded brand partnerships.
V.S. Hariharan, Group CEO of
Redington Ltd.
, commented, "Building on the momentum from Q3, our Q4 results reaffirm Redington's commitment to profitable growth and market leadership. This year, we've achieved stable growth across all business units and geographies. Our focus on strategic markets, both established and emerging, has delivered sustainable results."
Redington's cloud business continued its robust growth trajectory, increasing by 41% YoY in Q4 FY2025. The company's Technology Solutions Group (TSG) grew by 28% YoY, driven by large deal wins and new software brand contracts.
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Redington's board has recommended a final dividend of Rs 6.80 per equity share, representing 39.5% of FY25 consolidated profits (excluding the one-time gain), subject to shareholder approval at the upcoming AGM.
A Fortune India 500 company, Redington operates in over 40 markets with 450+ brand associations and a network of more than 70,000 channel partners. Its product portfolio spans IT, telecom, lifestyle, and solar segments, offering end-to-end distribution and technology solutions.
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