Redington Ltd Reports 30% Surge in Q4 Profit, Announces Dividend
Redington Ltd's Q4 standalone profit increased by 30.4% to Rs 209.45 crore. Annual profit rose to Rs 1,443.78 crore. Board recommends final dividend of Rs 6.80 per equity share. Q4 revenue grew 24.98% to Rs 13,137.10 crore, with net profit up 30.39%. Operating profit margin slightly improved to 2.32%.
19May 25
Redington (India) Reports Strong Q4 Results with Significant Profit Growth
Redington India announced impressive Q4 financial results, with consolidated net profit doubling to ₹6.70 billion, up 105% year-over-year. Revenue increased by 18% to ₹264.40 billion, while EBITDA grew 30% to ₹5.97 billion. The company's EBITDA margin improved to 2.26%. Profit before tax rose 37% to ₹5.20 billion. An exceptional item of ₹6.30 billion was reported. Redington recommended a dividend of ₹6.80 per equity share.
25Mar 25
Redington Faces ₹175.10 Crore Tax Demand, Expects No Material Financial Impact
Redington, an Indian technology solutions provider, has received a tax demand of ₹175.10 crores from the Income Tax Department for the Assessment Year 2022-23. The company has stated in a regulatory filing that it does not expect this order to have any material financial impact. Redington remains confident in its financial position despite the substantial tax demand.