Redington Limited , a leading technology products distributor, has reported its financial results for the second quarter and half year ended September 30, 2025, as approved by the company's Board of Directors.

Financial Highlights

All figures in crore rupees

Key Takeaways

1. Revenue Growth: Redington Limited's consolidated revenue for Q2 FY2026 reached ₹25,027.60 crore, with the half-yearly figure standing at ₹46,177.89 crore.

2. Standalone Performance: The company's standalone revenue from operations was ₹15,105.12 crore for Q2 and ₹27,572.28 crore for H1 FY2026.

3. Profitability: For the first half of FY2026, Redington reported a standalone profit after tax of ₹531.78 crore and a consolidated PAT of ₹583.18 crore.

4. Strategic Development: During the quarter, Redington's step-down subsidiary Arena Connect entered into a definitive agreement with Datagate for the assignment of Device Distribution and Supply Agreement with Vodafone for a consideration of USD 8 million.

Audit and Transparency

The financial results were reviewed by the company's statutory auditors, Deloitte Haskins & Sells. Redington has stated that the detailed results will be made available on the company's website, ensuring transparency for stakeholders.

Market Position

Redington Limited's quarterly performance reflects its position in the technology distribution sector. The company's ability to generate substantial revenue and maintain profitability demonstrates its business strategies in the market.

The strategic agreement involving Arena Connect could potentially open new avenues for growth and strengthen Redington's market presence in the device distribution segment.

As the demand for technology products continues to evolve, Redington Limited appears positioned to respond to market opportunities. However, global supply chain dynamics and technological trends may impact the company's performance.

Redington Limited , a prominent player in the Indian technology distribution and supply chain solutions sector, has secured a significant victory in its GST appeal. The Joint Commissioner (ST), GST Appeals, Chennai, has issued a favorable order, quashing a substantial GST demand of INR 91.74 crores for the financial year 2020-2021.

Details of the GST Appeal

The GST demand, which included interest and penalty, was originally raised by the Deputy Commissioner (CT). Redington had contested this demand, maintaining its stance on the matter. The recent ruling marks a positive outcome for the company in this tax dispute.

Key Points of the Order

Impact on Redington Limited

Redington Limited has stated that this development has no impact on its financial, operational, or other activities. This assertion suggests that the company had not made any provisions for this potential liability in its financial statements, confident in its position during the appeal process.

Transparency and Compliance

In line with regulatory requirements, Redington Limited promptly disclosed this information to the stock exchanges. The company's communication was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This favorable ruling not only relieves Redington of a significant potential financial burden but also reinforces the company's tax compliance practices. It demonstrates the importance of due process in resolving tax disputes and highlights the potential for positive outcomes when companies contest tax demands they believe to be unjustified.

As the technology distribution landscape continues to evolve, especially in light of changing tax regulations, this ruling may set a precedent for similar cases in the industry. It underscores the need for companies to remain vigilant about their tax positions and to be prepared to defend them when necessary.