Redington Ltd

Net profit of Redington rose 76.55% to Rs 485.98 crore in the quarter ended June 2026 as against Rs 275.27 crore during the previous quarter ended June 2025. Sales rose 34.57% to Rs 34922.47 crore in the quarter ended June 2026 as against Rs 25951.99 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales34922.4725951.99 35 OPM %2.031.54 - PBDT661.57358.15 85 PBT610.87304.33 101 NP485.98275.27 77 Powered by Capital Market - Live

Redington Limited (NSE: REDINGTON; BSE: 532805) announced its financial results for the quarter ended June 30, 2026, reporting consolidated revenue of Rs 34,966 crore, a 34% year-on-year increase, and profit after tax of Rs 486 crore, up 77% year-on-year excluding exceptional items; the company's India revenue grew 63% year-on-year, supported by large enterprise deals, PC realisations, premiumisation in mobility, and demand across cloud and cybersecurity, while revenue across the Middle East and Africa grew 15% year-on-year.

Redington will hold a meeting of the Board of Directors of the Company on 29 July 2026.

According to media reports citing Apple CEO Tim Cook, the company is considering price increases on some products as rising costs of key components used in devices such as iPhones, iPads and MacBooks become harder to absorb. The increase in component costs has been driven by strong demand from the artificial intelligence industry. Apple did not specify which products could see price hikes or when the changes might take effect. Redington attracted investor interest as it is one of Apple's key distribution and supply chain partners in India. The company distributes iPhones, iPads, MacBooks and other Apple products through its extensive channel network. Traders expect any increase in Apple product prices could potentially lift the value of products sold through Redington's distribution business, boosting revenue prospects from its Apple portfolio. Redington, a technology solutions provider, enables end-to-end distribution for IT/ITeS, telecom, lifestyle, and solar products across various markets. It has presence in over 40 markets, over 450 brand associations, and more than 70,000 channel partners. On a consolidated basis, Redington's net profit declined 41.21% to Rs 391.32 crore while net sales rose 25.62% to Rs 33213.03 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live

Apple unveiled updates across its operating systems, including new Apple Intelligence features, an upgraded Siri, enhanced productivity tools and a refreshed software design language. The developments lifted sentiment around Apple-linked companies in India. Redington is one of Apple's key distribution and supply chain partners in India. The company distributes iPhones, iPads, MacBooks and other Apple products through its extensive channel network. Traders often view major Apple product and software announcements as positive for Redington due to its exposure to Apple's hardware ecosystem and sales growth in India. Redington, a technology solutions provider, enables end-to-end distribution for IT/ITeS, telecom, lifestyle, and solar products across various markets. It has presence in over 40 markets, over 450 brand associations, and more than 70,000 channel partners. On a consolidated basis, Redington's net profit declined 41.21% to Rs 391.32 crore while net sales rose 25.62% to Rs 33213.03 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live

Redington announced that the 33th Annual General Meeting(AGM) of the company will be held on 29 July 2026.

Redington announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

Net profit of Redington declined 41.21% to Rs 391.32 crore in the quarter ended March 2026 as against Rs 665.62 crore during the previous quarter ended March 2025. Sales rose 25.62% to Rs 33213.03 crore in the quarter ended March 2026 as against Rs 26439.68 crore during the previous quarter ended March 2025. For the full year,net profit declined 7.14% to Rs 1490.22 crore in the year ended March 2026 as against Rs 1604.84 crore during the previous year ended March 2025. Sales rose 19.96% to Rs 119162.36 crore in the year ended March 2026 as against Rs 99333.65 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales33213.0326439.68 26 119162.3699333.65 20 OPM %1.852.26 -1.872.04 - PBDT597.90585.46 2 2055.831926.59 7 PBT547.53522.37 5 1849.401709.04 8 NP391.32665.62 -41 1490.221604.84 -7 Powered by Capital Market - Live

Redington will hold a meeting of the Board of Directors of the Company on 13 May 2026.

The company's operations have been affected by re-routing of shipments and closure of major ports/airspace resulting in increased transit time, higher working capital due to higher inventory and requests from customers for extended payment timeline. The business is prioritizing the need for capital preservation amid rising freight, insurance and logistics costs, Revocation of war risk coverage by insurance providers for companies operating in the region. The company said that alternative arrangements are currently being evaluated. The company has implemented enhanced safety protocols and business continuity plans across affected locations and continues to operate in full compliance with all applicable international regulations, trade restrictions, and sanctions. Given the dynamic nature of the situation, Redington's senior management is actively monitoring developments and will take all appropriate actions as necessary. The firm stated that at this stage, it is not possible to reliably quantify the financial impact, since the same would depend on the duration and intensity of the situation. Redington, a technology solutions provider, enables end-to-end distribution for IT/ITeS, Telecom, Lifestyle, and Solar products across various markets. It has presence in over 40 markets, over 450 brand associations, and more than 70,000 channel partners. The company's consolidated net profit jumped 2.59% to Rs 413.39 crore on 15.74% increase in revenue from operations to Rs 30,921.73 crore in Q3 FY26 over Q3 FY25.Powered by Capital Market - Live