Redington Ltd's Q4FY25 Quarter Results
- 20 May 2025
Result Summary
- Redington Ltd reported a 15.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.8%.
- Its expenses for the quarter were down by 15.7% QoQ and up 3.2% YoY.
- The net profit decreased 19.6% QoQ and decreased 1.4% YoY.
- The earnings per share (EPS) of Redington Ltd stood at 4.2 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 22512.73 | 26764.43 | 21894.97 | -15.9% | 2.8% |
Total Expenses | 22132.19 | 26251.55 | 21440.28 | -15.7% | 3.2% |
Profit Before Tax | 380.54 | 512.88 | 454.69 | -25.8% | -16.3% |
Tax | 56.65 | 109.92 | 126.30 | -48.5% | -55.1% |
Profit After Tax | 323.89 | 402.96 | 328.39 | -19.6% | -1.4% |
Earnings Per Share | 4.20 | 5.10 | 4.00 | -17.6% | 5.0% |
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 and supply chain solutions sector. The company specializes in distributing IT products, including software and hardware, and providing logistics services. Redington operates across various regions, catering to a diverse clientele that includes manufacturers, resellers, and consumers. While specific recent developments are not available in the provided data, Redington's broad industry involvement typically encompasses partnerships with major technology companies and expansion in emerging markets.
Revenue
In the fourth quarter of FY25, Redington Ltd reported a total income of ₹22,512.73 crores. This represents a decrease of 15.9% from the previous quarter (Q3FY25) where the total income stood at ₹26,764.43 crores. However, when compared to the same quarter in the previous year (Q4FY24), there was a 2.8% increase, as the total income was ₹21,894.97 crores. This year-over-year growth suggests a moderate increase in revenue, despite the quarter-over-quarter decline.
Profitability
Redington Ltd's profitability metrics for Q4FY25 show a profit before tax (PBT) of ₹380.54 crores, which is a 25.8% decrease from ₹512.88 crores in Q3FY25. The year-over-year comparison indicates a 16.3% decline from ₹454.69 crores in Q4FY24. The tax expense for Q4FY25 was ₹56.65 crores, significantly lower than both the ₹109.92 crores in Q3FY25 and ₹126.30 crores in Q4FY24, reflecting decreases of 48.5% and 55.1%, respectively. The profit after tax (PAT) for Q4FY25 was ₹323.89 crores, down 19.6% from Q3FY25's ₹402.96 crores and slightly down 1.4% from Q4FY24's ₹328.39 crores. Earnings per share (EPS) for the quarter was ₹4.20, reflecting a decrease of 17.6% from ₹5.10 in Q3FY25 but a 5.0% increase from ₹4.00 in Q4FY24.
Operating Metrics
Total expenses for Q4FY25 were reported at ₹22,132.19 crores, reflecting a 15.7% reduction from the previous quarter's ₹26,251.55 crores. On a year-over-year basis, total expenses increased by 3.2% from ₹21,440.28 crores in Q4FY24. The quarter-over-quarter reduction in expenses aligns with the decrease in total income for the same period. The company's ability to maintain a lower tax expense in Q4FY25 compared to previous periods has impacted the net profitability, despite the overall decline in profit before tax. The earnings per share in Q4FY25, while lower than the previous quarter, showed improvement from the same quarter last year, reflecting a positive year-over-year change.
