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REDINGTON
Shares Jump 11% Following Strong Q2 FY27 Performance; Net Profit Climbs 21% to ₹422.5 Crore
Shares of Redington witnessed a sharp rally on Wednesday, November 4, after the technology distribution company delivered impressive financial results for the September quarter of FY27.
KEY FINANCIAL HIGHLIGHTS
🔹 Net Profit: Consolidated PAT grew 20.6% year-on-year to ₹422.5 crore, compared with ₹350.2 crore in the corresponding quarter last year.
🔹 Revenue Growth: Revenue from operations surged 47.7% to ₹42,947 crore, against ₹29,075.6 crore in Q2 FY26.
🔹 EBITDA: Operating EBITDA advanced 42.1% to ₹840 crore, compared with ₹591 crore a year earlier.
🔹 EBITDA Margin: EBITDA margin moderated slightly to 1.95%, versus 2% in the year-ago quarter.
STOCK MARKET PERFORMANCE
🔹 Redington shares opened at ₹335.35 on the BSE and climbed to an intraday peak of ₹374, registering a gain of 11.5%.
🔹 At around 2:47 PM, the stock was trading at ₹370.75, up 10.56% from its previous close.
The strong earnings performance, supported by healthy revenue expansion and improved profitability, boosted investor interest in Redington shares.
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