Categories Earnings, Research Summary, Technology

Redington Limited Q3FY23 Earnings Story

Redington has three major business segments- IT, Mobility and Services.

  • IT comprises enterprise products like PCs, peripherals, enterprise software & cloud solutions, storage and security solutions and high end servers.
  • Mobility consists of more consumer lifestyle products, like mobile phones, smartwatches, tablets, and gaming consoles.
  • Services include the Supply chain and logistics business under Pro-Connect, support services through Ensure Services.

Financial Results:

The firm has posted total income of ₹ 21,714 Cr. during Q3FY23 as compared to ₹ 16,619 Cr. during Q3FY23.

The firm has posted net profit of ₹ 380 Cr. for the Q3FY23 as against net profit of ₹ 388 Cr. for the december quarter.

The firm has posted Earnings Per Share of ₹ 4.86 for Q3FY23 as compared to ₹ 4.96 for Q3FY22.

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