Redington Targets Growth in Software Solutions Group

1 min read     Updated on 07 Nov 2025, 08:26 AM
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Reviewed by
Suketu GalaScanX News Team
Overview

Redington Ltd has revealed its growth strategy, emphasizing the Software Solutions Group with a target growth rate of 30-50%, up from the previous 20-23%. The company expects improvements in its PC business in the second half of the fiscal year. Benefits from the Vodafone Connect sale are anticipated in Q4 and the next fiscal year. Redington is optimistic about business growth in India, UAE, and KSA, particularly in the mobility segment. The company recently held its Q2 earnings call, with the audio recording available on its website.

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*this image is generated using AI for illustrative purposes only.

Redington Ltd has outlined its growth strategy, focusing on its Software Solutions Group and anticipating improvements in its PC business. The company's management has shared insights into their expectations for various business segments in the coming quarters.

Software Solutions Group: A Key Growth Driver

Redington's management has set a target for its Software Solutions Group:

Metric Previous Growth Target Growth
Growth Rate 20-23% 30-50%

This increase in growth targets underscores the company's focus on its software solutions segment.

PC Business Outlook

The management anticipates that the PC business may see improved growth in the second half of the fiscal year, contingent on the continuation of current market trends.

Vodafone Connect Sale

Redington expects to realize the benefits from the Vodafone Connect sale by:

  • Q4 of the current fiscal year
  • Throughout the next fiscal year

Geographic Focus and Mobility Segment

The company remains optimistic about its business growth prospects in key markets:

  • India
  • UAE
  • Kingdom of Saudi Arabia (KSA)

Management expects positive momentum in these regions over the next 2-3 quarters, with a particular emphasis on the mobility segment.

Recent Investor Communication

As per the latest LODR (Listing Obligations and Disclosure Requirements) data, Redington held its Q2 earnings conference call on November 6. The company has made the audio recording of this call available on its website, demonstrating its commitment to transparent communication with investors and analysts.

While the company has shared its growth targets and expectations, it's important for investors to note that these are forward-looking statements. Actual results may vary based on market conditions and other factors affecting the IT distribution and solutions industry.

Historical Stock Returns for Redington

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Redington Limited Reports Q2 FY26 Financial Results with Board Approval

1 min read     Updated on 05 Nov 2025, 06:26 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Redington Limited, a technology products distributor, has announced its financial results for Q2 and H1 FY2026. The company's consolidated revenue for Q2 reached ₹25,027.60 crore, with H1 revenue at ₹46,177.89 crore. Standalone revenue for Q2 was ₹15,105.12 crore and ₹27,572.28 crore for H1. The company reported a consolidated profit after tax of ₹583.18 crore for H1 FY2026. Additionally, Redington's subsidiary Arena Connect entered an agreement with Datagate regarding a Vodafone device distribution deal worth $8 million.

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*this image is generated using AI for illustrative purposes only.

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

Metric Q2 FY2026 H1 FY2026
Standalone Revenue ₹15,105.12 ₹27,572.28
Consolidated Revenue ₹25,027.60 ₹46,177.89
Standalone Profit After Tax - ₹531.78
Consolidated Profit After Tax - ₹583.18

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.

Historical Stock Returns for Redington

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+15.07%+6.28%+15.79%+48.47%+372.87%
Redington
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