Redington Reports Record Quarterly Revenue and Profit, Driven by Strong Growth in Key Segments

Chennai-based IT technology provider Redington achieved a landmark quarter, reporting its highest-ever revenue of ₹29,118 crore for the period ending September 2025. This represents a robust 17% year-on-year growth compared to ₹24,952 crore in the same quarter of the previous year. The company's net profit also surged by 32% year-on-year, reaching ₹350 crore, up from ₹282 crore in the September 2024 quarter.

The impressive financial results were driven by several key business segments. Redington's mobility solutions business, which includes smartphones and feature phones, saw an 18% increase in revenue, amounting to ₹10,306 crore. This growth aligns with strong iPhone shipments in India during the same period. The software solutions business emerged as a significant growth engine, expanding by 48%, fueled by momentum in cloud, software, and cybersecurity services through enhanced brand and partner collaborations. Additionally, technology solutions business grew by 9%, and endpoint solutions business increased by 11%.

Geographically, Redington's Singapore, India, and South Asia (SISA) operations performed exceptionally well, with both revenue and profit before tax (PAT) growing by 22% to ₹15,482 crore and ₹237 crore, respectively.

Impact: This news signifies strong operational execution and market leadership for Redington, indicating potential for continued revenue and profit growth. It positively impacts investor sentiment towards the company and the broader IT services and distribution sector in India. Rating: 8/10

Difficult terms: * Revenue: The total income generated from the sale of goods or services related to the company's primary operations. * Net Profit: The profit remaining after all expenses, taxes, and interest have been deducted from total revenue. * Year-on-Year (YoY): A comparison of a company's performance in a given period against the performance in the same period of the previous year. * Quarter ended September 2025: The three-month period ending on September 30, 2025. * Profit Before Tax (PAT): Profit generated by a company before any income taxes are deducted. * Mobility Solutions: Business segment dealing with mobile devices and related services. * Software Solutions: Business segment focused on selling, implementing, and managing software applications and services. * Cloud: A network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer. * Cybersecurity: The practice of protecting systems, networks, and programs from digital attacks. * Technology Solutions: Services that help businesses leverage technology for efficiency and growth. * Endpoint Solutions: Services and products that secure and manage end-user devices like laptops, desktops, and mobile phones. * SISA: Abbreviation for Singapore, India, and South Asia region.