Redington Shares Rally 11% After Strong Q2 FY27 Results

Shares Rally 11% After Strong Q2 FY27 Results; Net Profit Rises 21% to ₹422.5 Crore Shares of Redington surged over 11% on Wednesday following the company's robust Q2 FY27 earnings performance. KEY HIGHLIGHTS 🔹 Net Profit: Consolidated PAT increased 20.6% YoY to ₹422.5 crore, compared with ₹350.2 crore in the corresponding quarter last year. 🔹 Revenue: Revenue from operations jumped 47.7% YoY to ₹42,947 crore, versus ₹29,075.6 crore a year ago. 🔹 EBITDA: EBITDA climbed 42.1% to ₹840 crore, against ₹591 crore in the year-ago quarter. 🔹 EBITDA Margin: Margins edged down slightly to 1.95% from 2% in Q2 FY26. STOCK PERFORMANCE Redington shares opened at ₹335.35 on the BSE and rallied as much as 11.5% to an intraday high of ₹374. The stock was trading at ₹370.75, up 10.56%, around 2:47 PM. The strong quarterly performance and robust revenue growth supported positive investor sentiment towards the stock. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.