Latest news with #Hariharan
Hindustan Times
3 days ago
- Entertainment
- Hindustan Times
HT City Delhi Junction: Catch It Live on 30 May 2025
What: Living Legends – Hari Se Hari Tak ft Hariharan & Pt Hariprasad Chaurasia Where: Siri Fort Auditorium, August Kranti Marg When: May 30 Timing: 7pm Entry: Nearest Metro Station: Green Park (Yellow Line) What: A Fabric of Narratives – The Many Facets of North East India Where: Art Gallery, India International Centre Annexe, Lodi Estate When: May 30 to June 5 Timing: 11am to 7pm Entry: Free Nearest Metro Station: Jor Bagh (Yellow Line) What: Silvatein -- The Wrinkles in Time Where: Akshara Theatre, 11-B, Baba Kharag Singh Marg When: May 30 Timing: 5.30pm & 7.30pm Entry: Nearest Metro Station: Patel Chowk (Yellow Line) What: Swayam Prakasha Kirana – Dasha Mahavidyas, Tantra & Kathak by The Sudip Chakraborty Dance Company. Where: The Stein Auditorium, India Habitat Centre, Lodhi Road When: May 30 Timing: 7pm Entry: Free Nearest Metro Station: JLN Stadium (Violet Line) What: Dhruvaswamini Where: Shri Ram Centre for Performing Arts, 4, Safdar Hashmi Marg, Mandi House When: May 30 Timing: 7pm Entry: Nearest Metro Station: Mandi House (Blue & Violet Lines)
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Business Standard
20-05-2025
- Business
- Business Standard
Why did Redington share hit all-time high on May 20? Check reasons here
Redington share price: Redington shares were buzzing in trade on Tuesday, May 20, 2025, with the scrip rallying up to 9.47 per cent to hit a fresh all-time high (record high) of ₹306.85 per share. However, by 12:00 noon, Redington shares were off record highs, and were trading 2.23 per cent higher at ₹286.55 per share. In comparison, BSE Sensex was trading 0.36 per cent lower at 81,763.65 level. What sparked the rally in Redington share price? Redington share price rallied after the company posted a strong set of results in the March quarter of financial year 2025 (Q4FY25). The company's profit rose 104.4 per cent year-on-year (Y-o-Y) to ₹666 crore in Q4FY25, from ₹326 crore in Q4FY24. Redington's revenue climbed 17.9 per cent Y-o-Y to ₹26,439.7 crore in the March quarter of FY25, from ₹22,433.4 crore in the March quarter of FY24. At the operating front, earnings before interest, taxes, depreciation and amortisation (Ebitda) soared 30 per cent annually to ₹596.9 crore in Q4FY25, from ₹459.3 crore in Q4FY24. Also Read Consequently, Ebitda margin expanded to 2.26 per cent in the March quarter of FY25, from 2.05 per cent in the March quarter of FY24. The company's performance was driven by broad-based growth across markets. India grew 26% YoY, while UAE grew 24 per cent Y-o-Y in Q4. Saudi Arabia showed promising growth indicators, and momentum was sustained in Africa. These results stem from continued investments in improving go-to-market capabilities, stronger brand partnerships, an expanded solution portfolio, and agile innovations in business models, Redington said, in a press release. '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,' said V S Hariharan, group CEO, Redington Ltd. 'While technology distribution remains our core, our Cloud business has grown over 40 per cent Y-o-Y, driven by increasing adoption of subscription and consumption models. We continue to strengthen our positioning with brands through our focus on software, services, and professional capabilities, especially around AI-enabled solutions. These results reflect our agility and our strategic readiness to lead in the next wave of digital transformation,' Hariharan added. Redington dividend The Board of Directors of Redington has recommended a final dividend of ₹6.80 per equity share, equivalent to 39.5 per cent of consolidated profits without divestment gains, subject to approval by the shareholders at the ensuing Annual General Meeting. About Redington Redington Limited, a Fortune India 500 company and a leading technology solutions provider, drives digital transformation by bridging the gap between innovation and adoption. Operating in over 40 markets with a network of over 70,000 channel partners and more than 450 brand associations, Redington delivers comprehensive distribution solutions across IT/ITeS, Telecom, Lifestyle, and Solar sectors. With a strong focus on innovation and strategic partnerships, Redington is a trusted global distributor of cutting-edge products, services, and solutions.
Time of India
20-05-2025
- Business
- Time of India
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. Also Read: Street Favourite! SBI, Tata Motors among 10 large-cap stocks analysts expect to rally up to 32% 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. Also Read: Crompton Greaves, Delhivery among 10 mid-cap stocks analysts expect to rally up to 53% 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. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Hans India
06-05-2025
- Hans India
Three drown during temple festival in TN's Tiruvallur
In a heart-wrenching incident, three persons, including two teenagers, drowned in a temple pond on Tuesday morning while participating in the Brahmotsavam festival in Tiruvallur district of Tamil Nadu. The victims have been identified as Hariharan (16), Venkatramanan (17), and Veeraraghavan (24), all students pursuing Vedic studies at the Ahobila Mutt in Selaiyur, Chennai. The trio had travelled to Tiruvallur to take part in the annual festival at the Sri Vaidhya Veeraraghava Swamy Temple, a prominent religious event that draws devotees from across the region. According to a senior official of the Tiruvallur police, the three went to the temple pond early Tuesday morning to perform their daily religious ablutions, which are customary for students of Vedic traditions. While they were at the pond, one of them -- believed to be Hariharan -- accidentally slipped and fell into the deeper part of the water. Witnessing their friend struggling to stay afloat, Venkatramanan and Veeraraghavan immediately jumped in to rescue him. Tragically, none of them were able to make it back to safety. Eyewitnesses reported that within minutes, all three had disappeared under the water. The temple authorities, upon noticing the incident, raised an alarm, prompting fire and rescue personnel from the Tiruvallur fire station to rush to the scene. Rescue workers retrieved the bodies after a thorough search of the pond. The bodies were subsequently transported to the Tiruvallur District Government Medical College Hospital for post-mortem examination. The Tiruvallur city police have registered a case and have initiated further investigations into the incident. The tragedy has cast a pall of gloom over the temple festival, with devotees and locals expressing deep sorrow over the untimely deaths. The authorities have also issued a reminder to exercise caution around temple ponds and water bodies, especially during crowded festival occasions.
The Hindu
06-05-2025
- The Hindu
Three youth drown in temple pond in Tiruvallur
Three youth who had come to participate in the temple festival in Tiruvallur drowned and died on Tuesday ( May 6, 2025) morning. A senior official of the Tiruvallur police said Hariharan (16), Venkatramanan (17) and Veeraraghavan (24), who were studying Vedic studies in the Ahobila Mutt in Selaiyur, had gone to participate in the Brahmotsavam festival being celebrated in Sri Vaidhya Veeraraghava Swamy temple in Tiruvallur. On Tuesday morning, the three youth had gone to the temple pond to perform their daily religious ritual when one person fell into the pond and drowned. The two youths seeing their friend battling for life tried to save him and they also drowned. Based on the alert by the temple authorities fire and rescue services personnel from Tiruvallur station rushed to the pond and removed the bodies of the three persons. The Tiruvallur city police have sent the bodies to the Tiruvallur District Government Medical College Hospital for post mortem.
