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Redington Ltd Q2FY24; 20% fall in Profits

Established in the year 1993, Redington India Limited have evolved from very humble beginnings of one brand, one product category into a major player in distribution and supply chain solutions with 235+ International brands in IT and Mobility spaces serving 37 emerging markets.

Financial Results:

Redington Ltd reported Revenues for Q2FY24 of ₹22,220.00 Crores up from ₹19,051.00 Crore year on year, a rise of 16.63%.

Total Expenses for Q2FY24 of ₹21,889.00 Crores up from ₹18,609.00 Crores year on year, a rise of 17.63%.

Consolidated Net Profit of ₹312.00 Crores down 20.41% from ₹392.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.88, down 21.62% from ₹4.95 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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