Redington Limited — Others, 07-07-2025: Shareholders meeting

Redington Limited has announced a board meeting on July 29, 2025, for approval of the financial results for the quarter and half-year. The Board has recommended a dividend of ₹6.80 per equity share (340% of face value) subject to member approval. The company reported consolidated revenue of ₹99,334 Cr, up 11.2%, and consolidated net profit of ₹1,340 Cr, up 9.9% excluding post-tax gain from the Paynet divestment. Standalone revenue increased 18.6% to ₹48,903 Cr with PAT rising 33.6% to ₹752 Cr. Net debt-equity ratio improved to 0.34 and ROCE stood at 24.1% net of cash. The Group completed the divestment of fintech subsidiary Paynet for $89.3 million, reinforcing focus on core distribution and cloud solutions. The company continues its global expansion across India, MEA, Turkey, and ASEAN markets with investments in cloud, AI, and sustainable technologies. Governance remains robust with an engaged board, zero reported frauds, and increased gender diversity on the board at 25%. The company’s CSR spend was ₹17.74 Cr focusing on education, healthcare, skill development and environmental sustainability. Internal financial controls and audit reports are unqualified, with no material regulatory non-compliances.