Redington Recommends Final Dividend of ₹6/share; Re-appoints S V Krishnan as Finance Director
Redington Limited recommended a final dividend of ₹6 per share for FY26. The Board re-appointed S V Krishnan as Finance Director for five years. Audited financial results for FY26 and Q4FY26 were approved. Standalone PAT for FY26 was ₹1,243.90 crore, and consolidated PAT was ₹1,284.15 crore. The company reported an exceptional item of ₹152.31 crore.
The dividend recommendation and director re-appointment are positive but routine corporate actions. The financial results, while detailed, do not indicate a significant deviation from expectations that would warrant a 'High' impact.
The recommendation of a final dividend and the re-appointment of a key director with extensive experience are positive developments for the company.
Redington Limited's Board of Directors, in their meeting held on May 13, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company recommended a final dividend of ₹6 per equity share (300% of face value) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The record date for this dividend has been fixed as Friday, July 03, 2026. The thirty-third AGM is scheduled for Wednesday, July 29, 2026, to be held through Video Conferencing.
Furthermore, the Board unanimously approved the re-appointment of Mr. S V Krishnan as Whole-time Director, designated as Finance Director, for a period of five years from May 13, 2026, to May 12, 2031. Mr. Krishnan, a Chartered Accountant, Cost Accountant, and Company Secretary, brings extensive experience in financial management and strategy, having been with Redington since 1998. He is not related to any other Directors of the Company.
The financial results for the year ended March 31, 2026, showed a Profit Before Tax of ₹1,571.06 crore on a standalone basis and ₹1,697.09 crore on a consolidated basis. For the quarter ended March 31, 2026, standalone Profit Before Tax was ₹388.67 crore, and consolidated Profit Before Tax was ₹395.22 crore. The company also reported an impairment loss of ₹152.31 crore related to its investment in a Turkish subsidiary.
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Redington Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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