Redington Limited — Updates, 29-10-2024: Press Release

Redington Limited reported its strongest quarterly results with revenues reaching ₹24,952 crores, marking a 17% quarter-on-quarter growth and a 12% year-on-year increase. Net profit (excluding Arena) grew by 2% YoY, with a PAT margin of 1.34%. The company demonstrated resilience despite challenges in Turkey and Saudi Arabia, driven by growth in Cloud and Mobility businesses, and significant regional performances in India and UAE. Additionally, Redington is focusing on digital transformation and sustainability initiatives.