Redington posts 77% YoY rise in Q1 profit; shares surge
Technology distributor Redington reported a 77% year-on-year increase in first-quarter profit after tax, with the earnings beat driving a sharp rise in its stock.
Technology distributor Redington reported a 77% year-on-year rise in first-quarter profit after tax, prompting a surge in its stock.
Why this matters
The result extends Redington's recent momentum: prior signals flagged record June-quarter growth as India accelerated and Q1FY27 revenue growth of 34.5% alongside a 76.5% profit increase.
Retail-company is accelerating, with QoQ growth of +314600%.