{"id":179660,"date":"2026-02-05T08:01:38","date_gmt":"2026-02-05T13:01:38","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179660"},"modified":"2026-02-05T08:01:38","modified_gmt":"2026-02-05T13:01:38","slug":"redington-reports-record-quarterly-revenue-and-profit-amid-strong-sisa-growth","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/redington-reports-record-quarterly-revenue-and-profit-amid-strong-sisa-growth\/","title":{"rendered":"Redington Reports Record Quarterly Revenue and Profit Amid Strong SISA Growth"},"content":{"rendered":"\n<p><em>Redington Limited achieved its highest-ever quarterly financial results in Q3FY26, supported by 24% revenue growth in the SISA region. The firm significantly reduced its working capital cycle while managing the impact of one-time impairment costs in its logistics subsidiary.<\/em><\/p>\n\n\n\n<p>Redington Limited (NSE: REDINGTON) delivered record financial results for the third quarter of fiscal year 2026, marking its highest-ever quarterly revenue and profit after tax (PAT). Global revenue increased 16% year-on-year to reach \u20b930,959 crore, while PAT rose 9% to \u20b9436 crore. These results were underpinned by strong momentum in South Asian markets and a significant reduction in global working capital requirements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Software Solutions Group Lead Quarterly Performance<\/strong><\/h2>\n\n\n\n<p>The quarter was characterized by the Software Solutions Group (SSG) emerging as a primary global growth driver, posting 40% year-on-year revenue expansion. Additionally, the company improved its operational liquidity, reducing global working capital days from 33 days in the prior year to 28 days. This efficiency was achieved despite a one-time impairment cost at ProConnect Global, which led to a 15% decline in that subsidiary&#8217;s quarterly profit after tax.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strong Revenue Growth and Improved Cash Flow<\/strong><\/h2>\n\n\n\n<p>Total global revenue, including the Arena business, rose to \u20b930,959 crore from \u20b926,764 crore in the year-ago period. Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached \u20b9663 crore, a 2% year-on-year increase. In the SISA region (Singapore, India, and South Asia), revenue grew 24% to \u20b916,600 crore, while the Rest of the World (ROW) business saw a 7% revenue increase to \u20b912,803 crore. Return on capital employed (ROCE) for the quarter was 22.1%, and return on equity (ROE) stood at 18.8%. Free cash flow for the quarter turned positive at \u20b9217 crore, compared to a negative \u20b92,046 crore in Q3FY25.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Outlook and strategy<\/strong><\/h2>\n\n\n\n<p>Management&#8217;s strategy continues to prioritize high-growth segments such as cloud, professional services, and enterprise security under the Software Solutions Group. For the nine-month period ending December 2025, SSG revenue grew 40% year-on-year. The company maintains a conservative capital structure, reported a net debt-to-equity ratio of 0.08x. Revenue remains concentrated among top technology vendors, with Apple contributing 33% of quarterly revenue, followed by HP Inc. at 10% and Samsung at 8%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market Dynamics and Financial Performance<\/strong><\/h2>\n\n\n\n<p>Redington operates within a technology distribution environment sensitive to government regulatory trends, currency fluctuations, and interest rate volatility. Within its specific business verticals, global performance was mixed; while the Mobility Solutions Group (MSG) revenue rose 15%, the Technology Solutions Group (TSG) experienced a 7% decline during the quarter. The divestment of the fintech entity Paynet in February 2025 resulted in a 74% decline in the &#8220;Other Services&#8221; revenue category. Regionally, the SISA market increased its contribution to total revenue to 54%, while the ROW region accounted for 46%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"936\" height=\"511\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image.gif\" alt=\"\" class=\"wp-image-179663\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Redington Limited achieved its highest-ever quarterly financial results in Q3FY26, supported by 24% revenue growth in the SISA region. The firm significantly reduced its working capital cycle while managing the impact of one-time impairment costs in its logistics subsidiary. Redington Limited (NSE: REDINGTON) delivered record financial results for the third quarter of fiscal year 2026, [&hellip;]<\/p>\n","protected":false},"author":2380,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5,8],"tags":[8986,8532],"class_list":["post-179660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-latest","category-technology-stocks","tag-information-technology","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172179,"url":"https:\/\/alphastreet.com\/india\/redington-q2-fy26-earnings-results\/","url_meta":{"origin":179660,"position":0},"title":"Redington Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 6, 2025","format":false,"excerpt":"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. \u00a0 Q2 FY26 Earnings Results: Consolidated Revenue from Operations: \u20b929,076 crore, up 16.8% YoY and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Redington Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Redington-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":128185,"url":"https:\/\/alphastreet.com\/india\/redington-india-limited-research-tear-sheet-q3-fy22\/","url_meta":{"origin":179660,"position":1},"title":"REDINGTON (INDIA) LIMITED Research Tear Sheet Q3 FY22","author":"sreerupa","date":"March 8, 2022","format":false,"excerpt":"Redington (India) Limited is a\u00a0supply chain solution provider. It deals with information technology (IT) products, mobile handsets and accessories. The company was incorporated on 2 May 1961. The company is headquartered in Tamil Nadu. It is operating in more than 37 markets encompassing India, Middle East, Turkey, Africa and South\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146257,"url":"https:\/\/alphastreet.com\/india\/redington-india-ltd-q4fy23-results-out-revenue-grows-by-26\/","url_meta":{"origin":179660,"position":2},"title":"Redington India Ltd Q4FY23 results out, revenue grows by 26%","author":"Chirag Gupta","date":"May 16, 2023","format":false,"excerpt":"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. Redington India Ltd reported Total revenue for\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":171195,"url":"https:\/\/alphastreet.com\/india\/redington-q1-fy26-earnings-results\/","url_meta":{"origin":179660,"position":3},"title":"Redington Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 12, 2025","format":false,"excerpt":"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. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Total Income:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Redington Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/1-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127247,"url":"https:\/\/alphastreet.com\/india\/redington-india-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":179660,"position":4},"title":"Redington (India) Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"February 10, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=PLgAOaISr7E Key highlights from Redington (India) Limited (REDINGTON) Q3 FY22 Earnings Concall Management Update: REDINGTON reported a PAT of INR388 crores, a 103% growth YonY, which is an all-time high PAT the company has ever had. And PAT for the nine months is now greater than that for the full\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":168449,"url":"https:\/\/alphastreet.com\/india\/redington-ltd-q4fy25-183-rise-in-profits\/","url_meta":{"origin":179660,"position":5},"title":"Redington Ltd Q4FY25; 183% rise in Profits","author":"Chirag Gupta","date":"May 20, 2025","format":false,"excerpt":"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. Financial Results: Redington Ltd reported Revenues for Q4FY25 of \u20b926,440.00 Crores up from \u20b922,433.00 Crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2380"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179660"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179660\/revisions"}],"predecessor-version":[{"id":179664,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179660\/revisions\/179664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}