Redington News: Latest Moves in Indian Retail

Latest moves

Our read of each move first, where we have one; what the report said is marked Reported.

Redington’s 77% Q1 profit jump signals strengthening demand and execution in electronics and IT distribution, supporting confidence in channel inventory flow and partner sell-through.Reported: Redington hits record high as Q1 profit rises 77%. Technology distributor Redington reported a 77% year-on-year rise in first-quarter profit, prompting its stock to touch a record high and signalling stronger momentum in electronics and IT distribution.31 Jul7 reports from 6 sources, incl. Business Today and Mint

Background

From 6 stories, the newest dated 10 Sept 2026. Summary written 15 Oct 2026.

Redington is an Indian technology distributor.[1] source: Business Today [2] source: Mint

Show 3 more paragraphs and 6 sources

It is an authorised Apple distributor and national supply-chain partner in India.[3] source: Business Today In August 2026 it also added SolarEdge's solar inverters and DC power optimisers to its distribution network for India's residential and commercial markets, using its pan-India channel network.[4] source: The Hindu BusinessLine

For the June quarter of FY27, Mint reported consolidated revenue of ₹34,966 crore, up 34% year-on-year, and PAT excluding exceptional items of ₹486 crore, up 77%.[2] source: Mint Financial Express reported EBITDA of Rs 707 crore, up 76%.[5] source: Financial Express India revenue grew 63% year-on-year and India PAT rose 60%.[2] source: Mint Redington's solar distribution revenue rose 75% year-on-year to ₹64 crore in Q1FY27, from ₹37 crore a year earlier.[4] source: The Hindu BusinessLine Its shares climbed 18% to a record high after the results in July 2026.[2] source: Mint

On September 10, 2026, Redington shares rose 5.55% to a record Rs 398.80 on BSE, with India pre-orders for Apple's new iPhones beginning September 12 and sales starting September 18.[3] source: Business Today In August 2026, Spectal Pack launched the Spectal Edge packaging innovation summit with HP and Redington.[6] source: The Hindu BusinessLine

Sources

Redington Q1 FY27 profit jumps 77% as India growth and premium device demand accelerateMint30 Jul 2026

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Questions about Redington

How fast is Redington growing in India?

Redington reported Q1 FY27 PAT excluding exceptional items of ₹486 crore, up 77% year-on-year, on consolidated revenue of ₹34,966 crore, up 34%, according to Mint in July 2026. India revenue grew 63% year-on-year in the quarter.[2] source: Mint

What is Redington's current strategy in India?

In August 2026 Redington added SolarEdge's inverter and optimiser portfolio to its India distribution network.[4] source: The Hindu BusinessLine In the same month it joined HP in the Spectal Edge packaging summit launched by Spectal Pack.[6] source: The Hindu BusinessLine In September 2026 it was an authorised Apple distributor ahead of India sales of the new iPhones.[3] source: Business Today

Stories that mention Redington

2 stories

Redington is named in these stories but is not their subject.