Redington reported its best-ever quarterly performance with consolidated revenue of ₹33,269 crores, a 25% YoY growth, and a PAT of ₹467 crores excluding exceptional items.
India business grew 50% YoY, driven by strong PC demand, premium mobility, and large data center deals, while Middle East operations were impacted by West Asia geopolitical tensions.
The Software Solutions Group (SSG) grew 31% and now constitutes 17% of revenue, with the company investing in AI capabilities and exploring inorganic opportunities in professional services.
The board declared a dividend of ₹6 per share (30% of profits) and the company is conserving cash for growth opportunities and to navigate geopolitical uncertainty and potential working capital needs.