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Redington Q1 FY27 profit jumps 77% as India growth and premium device demand accelerate
Indian technology distributor Redington reported record Q1 FY27 revenue and profit, driven by enterprise deals, premium smartphone demand, retail-led distribution, cloud and cybersecurity. India revenue grew 63% and PAT rose 60%, while shares climbed 18% to a record high.
Reported figures
From the report. Source details below
| Consolidated Q1 FY27 revenue: | ₹34,966 crore, up 34% year-on-year |
|---|---|
| Q1 FY27 PAT excluding exceptional items: | ₹486 crore, up 77% year-on-year |
| Q1 PAT margin: | 1.4% |
| Software Solutions Group growth: | 52% year-on-year |
| Endpoint Solutions Group growth: | 35% year-on-year |
| Mobility Solutions Group growth: | 21% year-on-year |
| Technology Solutions Group growth: | 50% year-on-year |
| Share price reached ₹338.50, up | 18% |