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Press Release

Jul 31, 2024

Supported by solid execution across businesses and geographies, Redington remained resilient, adapting to various market conditions, and securing new opportunities in the markets they compete in. This execution comes amidst capital decision delays in India & Kingdom of Saudi Arabia and adverse market conditions in Turkey. The company emphasized that this performance is an outcome of building deeper Brand and partner relationships, enabling a more comprehensive breadth of offerings, and investing in routes to market.

May 15, 2024

Supported by solid execution across businesses and geographies, Redington continues to gain share and secure new opportunities in the markets they compete in. In Q4, some of the Company’s key Geographies grew well, viz. India growing at 9% YoY and KSA (Kingdom of Saudi Arabia) growing at 15% YoY. The company emphasized that this record performance is an outcome of continued investments in improving our route to market capabilities, building deeper brand relationships, making breadth of offerings more comprehensive and innovations in business model.

Aug 01, 2023

Redington Ltd (NSE: REDINGTON, BSE: 532805), today announced its financial results for Q1 FY24, which ended on June 30, 2023. It delivered strong performance vis-à-vis the industry across all business segments and geographies. At Rs. 21,251 crores, overall global revenues for the quarter have been the highest ever for any Q1 growing by a strong 26% YoY and at Rs. 1,248 Crores, it has registered the highest ever Q1 gross profit with a 17% YoY.

May 16, 2023

Redington Ltd, today announced its financial results for the quarter ended March 31, 2023 (Q4 FY’23) and full financial year FY’23 delivering strong performance vis-à-vis the industry across all business segments. At Rs. 21,895 Crores overall global revenues for Q4 have been the highest ever for any quarter growing by a strong 26% YoY and at Rs. 590 Crores, it has registered highest ever Q4 operating profit with a 15% YoY.

Apr 01, 2023

Redington Limited, today announced its financial results for Q3FY23, which ended on December 31, 2022. Another record quarter of sales and operating margin performance. At Rs. 21715 Crore overall global revenues have been the highest ever for any quarter growing by a strong 31% YoY and at Rs. 622 crores, it has registered highest ever operating profit with a 14% YoY.

Mar 03, 2023

Redington Limited, a leading technology solutions provider, has partnered with leading companies such as Navitas Solar, Credence Solar, Emmvee Solar and U GRO Capital to distribute energy-efficient solutions across the country. These partnerships will help accelerate the widespread adoption of energy-efficient solutions and ensure seamless delivery of solar products to customers across the country.

Mar 02, 2023

Redington Limited, a leading technology solutions provider, has announced a strategic partnership with Corent Technology, a provider of a multi-cloud application migration and optimization platform, to offer enterprises and large SMBs a comprehensive solution for multi-cloud transformation projects.

Jan 20, 2023

As a part of its CSR initiative, Redington Foundation, has designed and implemented CSR Projects through DHAN Foundation, to renovate and restore the water bodies, mitigate the risk of climate change through helping rural communities replace fossil fuel with biofuel and sensitize the rural populace on rainwater harvesting.

Dec 12, 2022

Redington Limited, a leading technology solutions provider, signed an agreement for ETEC, Materialise & Wipro products at AMTECH Expo. The recent partnership of Redington with Wipro 3D for the distribution of the newly launched polymer 3D printer across the country will boost and support the efforts to democratize 3D printing via indigenous products in India.

Dec 01, 2022

Redington Limited, a leading technology solution-provider, announced its strategic partnership with Polycab India Limited (Polycab), the largest manufacturer of Wires and Cables in India and a fast-growing player in the FMEG space, to accelerate the adoption of its end-to-end passive networking solutions in India.

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