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Economic Times
20-05-2025
- Business
- Economic Times
Redington Q4 Results: Standalone profit at Rs 209 crore
Integrated technology solutions provider Redington Ltd on Tuesday reported a standalone profit of Rs 209.45 crore for the January-March 2025 quarter, the company said. The city-headquartered firm had registered a profit of Rs 160.57 crore during the corresponding quarter of the previous financial year. ADVERTISEMENT For the financial year ending March 31, 2025, the profit grew to Rs 1,443.78 crore, as compared to Rs 1,081.24 crore registered in the year-ago period. The standalone total income during the quarter under review rose to Rs 13,137.14 crore, from Rs 10,510.98 crore recorded in the year-ago period. For the financial year ending March 31, 2025, the total income stood at Rs 49,543.58 crore, as compared to Rs 41,740.56 crore in the previous financial year, the company said in a statement on Tuesday. Commenting on the financial performance, Redington Ltd Group CEO V S Hariharan said, "building on the momentum from Q3, our Q4 results reaffirm Redington's commitment to profitable growth and market leadership." "This year, we have achieved stable growth across all business units and geographies. Our focus on strategic markets, both established and emerging, has delivered sustainable results," he added. The Board of Directors, which met on May 19, has recommended a final dividend of Rs 6.80 per equity share, equivalent to 39.5 per cent of consolidated profits excluding divestment gains, subject to the approval of shareholders.
Time of India
20-05-2025
- Business
- Time of India
Redington Q4 Results: Standalone profit at Rs 209 crore
Integrated technology solutions provider Redington Ltd on Tuesday reported a standalone profit of Rs 209.45 crore for the January-March 2025 quarter, the company said. The city-headquartered firm had registered a profit of Rs 160.57 crore during the corresponding quarter of the previous financial year. For the financial year ending March 31, 2025, the profit grew to Rs 1,443.78 crore, as compared to Rs 1,081.24 crore registered in the year-ago period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your IQ Is 140 If You Can Answer 10 Of These Questions Correctly IQ International Undo The standalone total income during the quarter under review rose to Rs 13,137.14 crore, from Rs 10,510.98 crore recorded in the year-ago period. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. For the financial year ending March 31, 2025, the total income stood at Rs 49,543.58 crore, as compared to Rs 41,740.56 crore in the previous financial year, the company said in a statement on Tuesday. Commenting on the financial performance , Redington Ltd Group CEO V S Hariharan said, "building on the momentum from Q3, our Q4 results reaffirm Redington's commitment to profitable growth and market leadership." Live Events "This year, we have achieved stable growth across all business units and geographies. Our focus on strategic markets, both established and emerging, has delivered sustainable results," he added. The Board of Directors, which met on May 19, has recommended a final dividend of Rs 6.80 per equity share, equivalent to 39.5 per cent of consolidated profits excluding divestment gains, subject to the approval of shareholders.
Time of India
20-05-2025
- Business
- Time of India
Redington shares zoom 9% after Q4 profit jumps 183% YoY on broad-based demand
Redington shares zoomed 9.5% to their intraday high of ₹306.85 on the BSE in early trade on Tuesday after the technology solutions provider reported a sharp 183% year-on-year rise in net profit for the March quarter, driven by strong demand across markets. The company posted a consolidated net profit of ₹917.7 crore for Q4 FY25, compared to ₹323.9 crore in the same period last year. Revenue rose 17.9% YoY to ₹26,439.7 crore from ₹22,433.4 crore in Q4 FY24. EBITDA for the quarter rose 30% to ₹596.9 crore, while margins improved to 2.3% from 2% a year ago, reflecting operational efficiencies. For the full year ended March 31, 2025, Redington reported record consolidated revenue of ₹99,562 crore, up 11% YoY. Normalised profit after tax (excluding one-time divestment gain) stood at ₹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. Redington's board has recommended a final dividend of ₹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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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
30-04-2025
- Business
- Time of India
Stock Radar: Fast & Furious! 40% rally since April low makes Redington an attractive momentum buy – check target, stop loss
Redington Limited shows strong bullish momentum after a 40% rally from its April low. Experts suggest a buy for short-term traders. The stock price could reach Rs 281-300 in the next 1-2 months. Technical indicators like RSI and MACD support this positive outlook. Analysts highlight a recurring pattern of corrections followed by surges. Redington Ltd, part of the services sector, witnessed a massive 40% rally from April swing low which suggests that bulls are trying to make a traders with a high-risk profile can look to buy the stock for a target price of Rs 281-300 in the next 1-2 months, suggest stock hit a high of Rs 263 on February 21, 2025, but it failed to hold the momentum. It closed at Rs 247 on April 29, consolidating around
