Redington Reports Record Q1 FY27 Revenue at ₹34,966 Crore; Profit Jumps 77%
Redington Limited, a leading technology solutions provider, announced its financial results for the quarter ended June 30, 2026. The company reported its highest-ever quarterly revenue and profit in Q1 FY27, driven by strong performance across all operating markets and diversified business segments.Consolidated revenue stood at ₹34,966 crore, marking a 34% year-on-year increase. Furthermore, profit after tax (PAT), excluding exceptional items, rose by 77% to ₹486 crore. For the quarter, the PAT margin stood at 1.4%.
The growth was robust across Redington’s business units and key international markets. India delivered particularly strong momentum, with revenue increasing 63% and profit after tax rising 60% year-on-year. This domestic success was attributed to the successful execution of large enterprise deals, increased PC realizations amidst industry memory supply constraints, continued premiumization in mobility, and sustained demand across cloud and cybersecurity solutions.
Revenue from the Middle East and Africa also saw a 15% year-on-year growth, supported by offerings in cloud and cybersecurity despite geopolitical uncertainty during the quarter.
Business Segment Performance Highlights
Redington demonstrated strong momentum across its technology portfolio segments:| Business Segment | Year-on-Year Growth | Key Drivers |
|---|---|---|
| Software Solutions Group (SSG) | 52% | Cloud adoption, cybersecurity engagements, AI solutions, and subscription models. |
| Endpoint Solutions Group (ESG) | 35% | Sustained market demand and higher PC realizations amid memory supply constraints. |
| Technology Solutions Group (TSG) | 50% | Execution of large enterprise and data-centre deals. |
| Mobility Solutions Group (MSG) | 21% | Demand for premium smartphones and expansion of retail-led distribution models. |
Management Perspective
V. S. Hariharan, Managing Director and Group CEO of Redington Limited, stated that the results reflect the strength of the company’s diversified business model and disciplined execution across geographies. He noted that profit growth significantly outpaced revenue growth, reinforcing a focus on sustainable and profitable expansion.He added that as technology adoption accelerates across cloud, software, cybersecurity, AI-enabled infrastructure, and digital transformation, Redington is well-positioned to capture these opportunities through its ecosystem of global technology brands and partners. The company remains committed to operational resilience and long-term value creation for all stakeholders.
Redington Limited, a leading technology solutions provider, operates across more than 40 markets with over 450 brand associations, supporting businesses in their digital transformation journeys across IT, telecom, cloud, solar, and enterprise technology solutions.
REDINGTON Stock Price Movement
Today, Redington Limited saw its stock price climb 4.01% as it settled at ₹287.45 in the post-market trading session. The equity traded actively, with a volume of 5.14 million shares recorded during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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