Redington Q2 Results | Net profit surges 32% on broad-based growth across markets

Technology solutions provider Redington Ltd on Wednesday (November 5) reported a 32% year-on-year growth in net profit to ₹388 crore for the quarter ended September 2025, compared with ₹283 crore in the same period last year.

Revenue from operations grew 16.8% year-on-year to ₹29,075.6 crore from ₹24,895.6 crore in the corresponding quarter of the previous year. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 29% to ₹591 crore in the second quarter, up from ₹458 crore in the year-ago period.

Redington's operating margin stood at 2% in Q2 FY26, compared with 1.8% in the same quarter last year. The company's reported consolidated global revenues of ₹29,118 crore for the quarter ended September 2025, marking a 17% year-on-year increase. It said growth was driven by strong execution across key markets.

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India and the UAE registered 23% year-on-year growth each, while Saudi Arabia (KSA) delivered 10% growth. Africa continued its upward growth trajectory during the quarter.

The Software Solutions Group recorded a 48% year-on-year increase, supported by strong momentum in cloud, software, and cybersecurity segments through deeper brand and partner engagements. The Mobility Solutions Group (MSG) grew 18% year-on-year, driven by higher demand in the premium segment, new product introductions, and robust execution of its direct-to-retail model.

The Technology Solutions Group (TSG) reported 9% year-on-year growth, supported by stronger enterprise demand and large-deal execution both in India and overseas markets. The Enterprise Solutions Group (ESG) grew 11% year-on-year, led by higher PC demand in India as AI PC adoption began to accelerate.

Also Read: Redington shares surge 16%, report biggest single-day gain since March 2021

Shares of Redington Ltd ended at ₹250.30, down by ₹2.70, or 1.07%, on the BSE.