Redington Limited Announces Strong Annual Performance and Dividend Recommendation

Redington Limited has reported a strong performance for the financial year ending March 31, 2026. The Board of Directors has recommended a final dividend of Rs. 6/- per share (300% of face value) for the fiscal year 2025-26. Additionally, the board approved the re-appointment of Mr. S V Krishnan as Finance Director and announced that the company’s 33rd Annual General Meeting is scheduled for July 29, 2026.

Financial Performance Overview

For the financial year ended March 31, 2026, Redington Limited achieved a robust consolidated revenue of Rs. 1,19,162.36 Crores, compared to Rs. 99,333.65 Crores in the previous fiscal year. The consolidated profit after tax for the year reached Rs. 1,284.15 Crores. These results highlight the company’s consistent growth across its operational segments, SISA and ROW, despite challenging global economic conditions.

Dividend and AGM Details

The company has proposed a final dividend of Rs. 6/- per equity share with a face value of Rs. 2/- each. This dividend payout is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). The company has set July 3, 2026, as the record date to determine eligibility for the dividend, which will be disbursed within 30 days of the AGM. The 33rd AGM will be conducted via video conferencing on July 29, 2026.

Leadership Re-appointment

The Board has unanimously approved the re-appointment of Mr. S V Krishnan as the Whole-time Director, designated as the Finance Director. His new term will span five years, beginning on May 13, 2026, and continuing until May 12, 2031. Mr. Krishnan, a veteran with the company since 1998, brings extensive experience in financial management, strategy, and risk management to the leadership team.

Strategic Updates

During the quarter, Redington continued to optimize its global footprint through strategic internal restructuring, including the re-domiciliation of Redington International Mauritius Ltd to the United Arab Emirates and the dissolution of its step-down subsidiary, Redington Kenya (EPZ) Limited. The company remains committed to mitigating potential risks in its global operations, particularly in the Middle East, while maintaining its focus on growth and shareholder value.

Source: BSE

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