The shares of the IT solution provider gained up to 10 percent in today’s trading session after the company’s net profit and revenue magnified by 183 percent and 18 percent YoY, respectively in Q4.
With a market capitalization of Rs 22,155.49 crore, the shares of Redington Ltd were trading at Rs 283.40 per share, increasing around 1.11 percent as compared to the previous closing price of Rs 280.30 apiece.
Q4 Highlights
The shares of Redington Ltd have seen bullish movement after reporting positive Q4 results, revenue decreased by 1 percent on a quarter-on-quarter basis from Rs 26,716 crore in Q3FY25 to Rs 26,440 crore in Q4FY25. Further, revenue increased by 18 percent year on year, from Rs 22,433 crore in Q4FY24 to Rs 26,440 crore in Q4FY25.
The company’s net profit increased by 128 percent on a quarter-on-quarter basis, from Rs. 403 crore in Q3FY25 to Rs. 918 crore in Q4FY25. Further, net profit magnified significantly by 183 percent year on year from Rs 324 crore in Q4FY24 to Rs 918 crore in Q4FY25.
The company posted a strong FY24- 25 performance, with revenue surging 11 percent from Rs 89,346 crore to Rs 99,334 crore. Net profit jumped 47 percent, from Rs 1,239 crore to Rs 1,821 crore, reflecting growth and improved profitability over the previous financial year. The Board considered a dividend of Rs. 6.80 (340% of face value) per equity share of Rs. 2 each.
Also read: Navratna defence stock with order book guidance of ₹57,000 Cr for FY26 to keep on your radar
Operational Highlights
Redington employs around 5,100 people and operates with ~50,000 channel partners, 182 warehouses, and 71 sales offices. It represents ~450 brands and runs 16 company-owned and 14 partner service centers, fostering a culture of inclusion, creativity, and innovation across its extensive supply and service network.
Redington has built strong partnerships with around 450 leading global technology brands, including Apple, Google, Microsoft, Dell, HP, Lenovo, Cisco, Samsung, and Huawei. This extensive brand collaboration enables Redington to deliver a wide range of IT, mobility, and cloud solutions across diverse markets, strengthening its industry presence.
Redington Limited is engaged in the business of the distribution of information technology, mobility, and other technology products, besides supply chain solutions. The Company provides information technology solutions across cloud, technology, digital printing, and solar.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
