V.S. Hariharan, Group CEO, Redington Ltd
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Chennai-based Redington reported its highest ever quarterly net profit of ₹486 crore for the first quarter ended June 2026, up 77 per cent from ₹275 crore posted in the same quarter last year.Revenue from operations for the quarter went up 34.5 per cent year-on-year to ₹34,922 crore. The performance was broad-based across Redington’s businesses and key operating markets. India market saw revenue increasing 63%, while profit after tax rose 60% year-on-year. Growth was supported by the execution of large enterprise deals, higher PC realisations amid industry-wide memory supply constraints, continued premiumisation in mobility, and sustained demand across cloud and cybersecurity, the company said in a media release.As for the company’s various segments, Software Solutions Group (SSG) grew 52% year-on-year, while End Point Solutions Group (ESG) grew 35% year-on-year. Mobility Solutions Group (MSG) grew 21% year-on-year led by premium smartphone demand, and Technology Solutions Group (TSG) grew 50% year-on-year, driven by large enterprise deals and demand for infrastructure-led solutions.“We have started FY27 on a strong note, delivering our highest-ever quarterly revenue and profit t growth significantly outpaced revenue growth, reinforcing our continued focus on profitable and sustainable growth. As technology adoption accelerates, Redington is well positioned to capture opportunities through its strong ecosystem of global technology brands, partners and customers. We will remain focused on operational resilience, capital efficiency and long-term value creation for all our stakeholders,” said V. S. Hariharan, Managing Director & Group CEO, Redington Ltd.Redington’s share price on the NSE closed at ₹289.20, up by ₹11.15 or 4.01 per cent.Published on July 29, 2026
