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Rakesh Kumar

9th Aug · SEBI-Registered Analyst

Redington Results Analysis-Q1FY27

$REDINGTON Financial performance and key Operating Metrics (Standalone) : Operating Revenue for Q1FY27 is Rs. 34,922 Crs., 34.57% growth YoY, Total Income is Rs. 34,966 Crs., 34.48% growth YoY, Gross Profit is Rs. 1,713 Crs., 28.47% growth YoY, EBITDA is Rs. 751 Crs., 66.95% growth YoY, EBITDA Margin is 2.15% improved by 42 basis points YoY, PBT Rs. 611 Crs., 100.73% growth YoY, PAT Rs. 454 Crs. 94.65% growth YoY. On QoQ basis Operating Revenue is up by 5.15%, Total Income is also up by 5.1%, Gross Profit is up by 2.77%, EBITDA is up by 12.09%, PBT is up by 54.56% and PAT is also up by 57.69%. Despite Q1 typically being seasonally weak and ongoing West Asia disruption “an exceptional quarter.” Profit growth materially outpacing revenue due to operating leverage. Geography: India led; Middle East resilience despite conflict-driven friction Business unit performance: mix shift toward value segments continues Arena (Turkey): ongoing drag; strategic options under review Redington positioning: global top-10 tech distributor (per Omdia), #1 in India and MEA, highlighting scale benefits (vendor status, economics, ecosystem shaping, financing).

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