Redington's Q2 FY 2025-26 Quarterly Results

Result Summary

• Redington Ltd reported a 12.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.7%.
• Its expenses for the quarter were up by 11.5% QoQ and 16.6% YoY.
• The net profit increased 50.3% QoQ and increased 23.8% YoY.
• The earnings per share (EPS) of Redington Ltd stood at 4.96 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Redington Ltd is a prominent player in the technology distribution industry, primarily engaged in the distribution of IT products and the provision of supply chain management services. The company operates in various regions, including India and several international markets, with its key business segments comprising the distribution of information technology products, telecommunications, and consumer electronics. Redington Ltd is known for facilitating the supply chain and distribution for major technology brands, enabling the efficient delivery of products to end-users through its extensive network. Recent developments in the company may include strategic partnerships or expansions into new markets, although specific recent events are not detailed in the data provided.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Redington Ltd reported a total income of ₹29,118.37 crores. This represents a quarter-over-quarter (QoQ) increase of 12.0% compared to the ₹26,001.52 crores recorded in the first quarter of FY26 (Q1FY26). Year-over-year (YoY) growth was 16.7%, as the total income for Q2FY25 was ₹24,952.22 crores. The significant growth in revenue can be attributed to various factors, including potential increases in product demand, expansion of distribution channels, or the introduction of new services or products, although specific causes are not detailed here.

Profitability

Redington Ltd's profitability showed a marked improvement in Q2FY26. The company recorded a profit before tax (PBT) of ₹459.76 crores, which indicates a substantial QoQ increase of 51.1% from ₹304.33 crores in Q1FY26. The YoY increase in PBT was 20.6%, rising from ₹381.33 crores in Q2FY25. After accounting for taxes, the profit after tax (PAT) amounted to ₹350.20 crores, reflecting a QoQ growth of 50.3% and a YoY increase of 23.8%. Such growth in profitability might be influenced by efficient cost management or increased revenue streams, although the specific drivers are not detailed here. The company's tax expense for Q2FY26 was ₹109.56 crores, showing a QoQ rise of 53.6% and a YoY increase of 11.3%.

Operating Metrics

In terms of operating metrics, Redington Ltd reported earnings per share (EPS) of ₹4.96 for Q2FY26. This marks a significant QoQ increase of 40.9% from the EPS of ₹3.52 in Q1FY26. The YoY growth in EPS was 32.3%, up from ₹3.75 in Q2FY25. The rise in EPS is indicative of the company's improved earnings performance over the periods in question. While specific operational changes or strategic initiatives contributing to this improvement are not detailed, the data reflects enhanced financial performance metrics on a per-share basis.