Redington announced strong Q3 FY26 results, achieving record revenue and PAT. Revenue grew by 22% excluding Arena, and 16% overall. Profit After Tax (PAT) increased by 15% excluding Arena, and 9% overall. The company saw growth across all key segments, including SISA and ROW, reflecting strong market execution and efficient operations. Working capital days improved to 28 days.
Financial Performance Highlights
Redington has achieved its highest-ever revenue and PAT in any quarter, showcasing robust financial health and effective strategic execution. Key highlights for Q3 FY26 include:
- YoY Growth: A substantial increase in both revenue and profitability.
- Revenue Growth (Global excl. Arena): 22% increase.
- EBITDA Growth (Global excl. Arena): 10% increase.
- PAT Growth (Global excl. Arena): 15% increase.
- Global incl. Arena Revenue Growth: 16%.
- EBITDA Growth (Global incl. Arena): 2%.
- PAT Growth (Global incl. Arena): 9%.
Segment Performance
The company’s performance across different geographical segments remained strong:
- SISA (Singapore, India & South Asia): Revenue grew by 24%.
- ROW (Rest of the World) excl. Arena: Revenue grew by 18%, EBITDA by 21%, and PAT by 30%.
- ROW incl. Arena: Revenue grew by 7%, EBITDA grew by 2%, and PAT by 17%.
Key Metrics and Business Segments
Several key financial and operational metrics contributed to the company’s success:
- Working Capital: Improved to 28 days, reduced by 5 days YoY.
- Strong YoY growth across all BUs: ESG grew by 42%, MSG grew by 33%, SSG grew by 31%.
Year-to-Date Performance (9MFY26)
The cumulative performance for the first nine months of FY26 also demonstrated significant growth:
- Global excl. Arena – Revenue grew by 22%, EBITDA grew by 17% and PAT grew by 23%
- Global incl. Arena – Revenue grew by 18%, EBITDA grew by 10% and PAT grew by 17%
Source: BSE
