ALFA Finder| Revenue growth | 34% YoY growth to ₹34,966 Cr, driven by India market. |
|---|---|
| Margins | Gross margin compression in Turkey; offset by India services growth. |
| Order book | India data center deal funnel exceeds ₹1,000 Cr. |
| Demand visibility | Strong for Cloud and Data Centers; softening in consumer PCs. |
| Management confidence | Confident on India; cautious but resilient regarding West Asia instability. |
Growth
Revenue grew 34% YoY to ₹34,966 Cr; PAT surged 77% showing high operating efficiency.
Outlook
₹1,000 Cr large-deal pipeline in India data center category for the year.
Risks
West Asia crisis continues to depress UAE/Saudi volumes and inflate logistics costs.
Last quarter's promises, checked
Delivered
- Clean up dollar business/exit Arena mobility → Business exited, Turkey debt cut $130M to $90M (= BEAT)
- Drive Software/SSG momentum → 53% growth to 17% revenue share (= BEAT)
- Improve working capital → 37 days in Q1'26 to 32 days in Q1'27 (= BEAT)
Partly delivered
- Manage geopolitical logistics costs → $3M cost increase partially recovered from customers (= PARTIAL)
Missed
- West Asia volume stability → UAE/Saudi flat to small degrowth (= MISS)
Earnings Call Transcript filed with NSE, NSE: REDINGTON. Summary written with AI assistance from the document.
Redington Ltd: key numbers
- Share price
- ₹352.00
- Market cap
- ₹27,518 Cr
- Revenue (annual)
- ₹1,19,162 Cr
- Net profit (annual)
- ₹1,490 Cr
- P/E (TTM)
- 14.8×Sector 46.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 63.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Redington Ltd
All →Redington Management Change
Redington Limited has appointed Ms. Anchal Dhir as an Additional Non-Executive Independent Director for a five-year term. The appointment is effective from November 4, 2026, subject to shareholder approval.
- Execution
- 5 years
Redington Results Update
Redington reports Q2 FY27 revenue of ₹43,002 crore, up 48% YoY, with PAT of ₹581 crore. Growth led by India revenue (+67%) and Technology Solutions Group (+91%).
Redington Q2 FY27 Results: Net Profit ₹422.5 Cr, Up 20.6% YoY
Redington Ltd reported revenue from operations of ₹42,947 Cr (+47.7% YoY) and net profit of ₹422.5 Cr (+20.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹422.5 Cr · +20.6% YoY
Redington Earnings Call Transcript: Key Takeaways
Redington delivered exceptional revenue and profit growth led by India, despite geopolitical instability in West Asia.
Redington Board Meeting Date
Redington Ltd announced its board meeting is scheduled for 04 Nov 2026 to consider Q2 FY27 results. No financial figures or decisions are reported yet.
Redington Partnership
Redington Gulf has signed a strategic collaboration agreement with AWS to accelerate AI adoption across the Middle East, Turkey, and Africa region.
- From
- AWS