Redington Q2 FY26 Earnings Results

Established in the year 1993, Redington Limited is a leading distributor of IT and mobility products and a provider of supply chain management solutions and support services in India, the Middle East, Turkey and Africa.

 

Q2 FY26 Earnings Results:

• Consolidated Revenue from Operations: ₹29,076 crore, up 16.8% YoY and 12.04% QoQ.

• Consolidated Net Profit (PAT): ₹350 crore, up 24% YoY from ₹293 crore.

• Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): ₹389 crore, down 15% YoY; margin contracted 50 bps to 1.34%.

• Segment-wise: SISA (Singapore, India & South Asia) revenue ₹15,484 crore, with a profit before exceptional items and tax of ₹317 crore.

• ROW (Rest of the World) revenue ₹13,605 crore, profit of ₹143 crore before exceptional items and tax.

• Operating cash flow remained under pressure due to high working capital requirements (₹1,468 crore increase in FY25).

• Basic Earnings Per Share (EPS): ₹4.96.

 

Management Commentary & Strategic Insights:

• CEO V.S. Hariharan stated that the company is capitalizing on India’s tech adoption wave with strong demand across India, Middle East, and Africa.

• Strong momentum in software solutions and cloud, cybersecurity, and software services segments.

• Focus on cash flow and working capital management ongoing.

• The company aims to sustain growth leveraging its diverse product portfolio and expanding market reach.

 

 

Q1 FY26 Earnings Results:

• Consolidated Revenue: ₹25,952 crore, up 21.9% YoY and 15.5% QoQ.

• PAT: ₹233 crore, up 7.3% YoY but declined 28.1% QoQ.

• EBITDA: ₹401 crore, up 8% YoY; margin at 1.6%.

• Profit Before Tax (PBT): ₹304 crore, up 4.1% YoY but down QoQ.

 

To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.