Redington Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Redington reported its best Q2 with revenue of INR 29,118 Cr (up 17%) and profit of INR 388 Cr, with group PAT at 1.33%. Strong revenue growth was driven by India, UAE, and GCCL. The Software Solutions Group (SSG) significantly grew by 48% and delivered higher margins, prompting further investment in its capabilities. The company divested Arena's Connect Vodafone contract, aiming to reduce Turkey's debt by $50-55 million and significantly cut interest costs from Q4 FY26. Management remains positive on core market outlook and mobility momentum, continuing to optimize its portfolio for profitable growth.