Redington Limited announced its financial results for the second quarter of FY27, reporting consolidated revenue of ₹43,002 crore, a significant 48% increase year-on-year. Profit after tax (PAT), excluding exceptional items, grew 50% to ₹581 crore. The company saw robust growth across its business segments, with India revenue up 67% and Technology Solutions Group revenue soaring 91%.
Redington Announces Strong Q2 FY27 Financial Results
Redington Limited today announced its consolidated financial results for the quarter ended September 30, 2026, showcasing robust growth across key metrics. The company reported a consolidated revenue of ₹43,002 crore for Q2 FY27, marking a substantial year-on-year increase of 48%. Profit after tax (PAT), excluding exceptional items, also saw a significant rise of 50%, reaching ₹581 crore. The PAT margin for the quarter stood at 1.35%.
Key Financial Highlights
The strong performance was driven by broad-based growth across its major business groups and key markets. Notably, India revenue grew by an impressive 67% year-on-year, fueled by sustained demand in enterprise technology, data centres, PCs, mobility devices, and cloud and cybersecurity solutions. Revenue from the Middle East and Africa region increased by 41% year-on-year, supported by demand for enterprise infrastructure and security solutions.
Segment Performance
Technology Solutions Group (TSG) demonstrated exceptional growth, with revenue climbing 91% year-on-year, driven by investments in enterprise and data centre infrastructure modernization.
Mobility Solutions Group (MSG) recorded a 40% increase in revenue year-on-year, attributed to strong demand for premium smartphones and expanded retail distribution models.
Software Solutions Group (SSG) posted a revenue growth of 39% year-on-year, reflecting the increasing demand for cybersecurity, cloud, and AI-enabled software solutions.
Endpoint Solutions Group (ESG) experienced a 38% year-on-year revenue growth, bolstered by commercial PC demand and higher device pricing.
Leadership Commentary
V. S. Hariharan, Managing Director & Group CEO of Redington Limited, commented on the results, stating, “Our Q2 performance reflects strong demand across key markets and the disciplined execution of our teams and partners. As customers invest in enterprise infrastructure, cloud, cybersecurity and AI, they need the right technologies and capabilities to work together. Our role as a technology ecosystem orchestrator is to connect these capabilities with our partner network, helping customers adopt, secure and manage their technology. We will continue to expand our market reach, deepen partner engagement and invest in services, digital routes to market and AI capabilities to support long-term growth.”
Future Outlook
Redington continues to closely monitor global geopolitical developments, maintaining a strong focus on operational resilience and business continuity across all its operating markets.
Detailed financial results for Q2 FY27 are available on the company’s website at redingtongroup.com/financial-reports.
Source: BSE
