Redington Q1 FY27 Revenue at ₹34,966 Cr, Up 34%; PAT Jumps 77% to ₹486 Cr
Redington Limited reported record Q1 FY27 results with consolidated revenue at ₹34,966 crore, up 34% YoY. Profit after tax excluding exceptional items surged 77% to ₹486 crore. India revenue grew 63%. V.S. Hariharan, MD & Group CEO, highlighted strong performance and focus on profitable growth.
The announcement details record financial performance, significant revenue and profit growth, and broad-based momentum across key business segments and geographies, which is expected to have a substantial positive impact on the company's market standing and investor confidence.
The company reported record quarterly revenue and profit, with significant year-on-year growth in both top-line and bottom-line figures, indicating strong business performance and positive market reception.
Redington Limited announced its financial results for the quarter ended June 30, 2026, reporting its highest-ever quarterly revenue and profit. Consolidated revenue reached ₹34,966 crore, marking a 34% year-on-year growth. Profit after tax, excluding exceptional items, surged by 77% to ₹486 crore, with a PAT margin of 1.4% for the quarter.
The company experienced broad-based growth across its businesses and key operating markets. India demonstrated particularly strong performance, with revenue increasing by 63% and profit after tax rising by 60% year-on-year. This growth was attributed to the execution of large enterprise deals, higher PC realisations amidst industry-wide memory supply constraints, continued premiumization in mobility, and sustained demand for cloud and cybersecurity solutions.
Revenue in the Middle East and Africa grew by 15% year-on-year, driven by cloud- and cybersecurity-led offerings, despite ongoing geopolitical uncertainties.
Performance across business segments included: Software Solutions Group (SSG) growing 52% YoY due to increased adoption of cloud, cybersecurity, and AI-enabled solutions. Endpoint Solutions Group (ESG) grew 35% YoY, supported by higher PC realisations and sustained market demand. Mobility Solutions Group (MSG) increased by 21% YoY, driven by demand for premium smartphones. Technology Solutions Group (TSG) grew 50% YoY, fueled by large enterprise and data-centre deals.
V. S. Hariharan, Managing Director & Group CEO, stated, "We have started FY27 on a strong note, delivering our highest-ever quarterly revenue and profit. This performance reflects the strength of our diversified business model, disciplined execution and broad-based momentum across businesses and geographies. Profit growth significantly outpaced revenue growth, reinforcing our continued focus on profitable and sustainable growth." He added that Redington is well-positioned to capture opportunities arising from accelerating technology adoption in cloud, software, cybersecurity, AI-enabled infrastructure, and digital transformation.
The company continues to monitor global geopolitical developments and focus on operational resilience and business continuity. Detailed financial results are available on the company's website.
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