Redington Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
05-11-2024 · 07:56 pm
Redington Limited reported a record high revenue of INR 24,896 crores in Q2 FY 2025, reflecting a 17% quarter-on-quarter and 12% year-on-year growth. Profit after tax grew 10% sequentially but only 2% annually. Key growth drivers included significant contributions from India and UAE markets, particularly in mobility and cloud businesses. Challenges persisted in Turkey due to inflation and market demand decline, but improvements in inventory management were noted. The company remains optimistic about future growth prospects.
No comments yet. Be the first to comment!
