Redington Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 248,955.6 million compared to INR 222,201.5 million a year ago. Revenue was INR 249,522.2 million compared to INR 222,966.9 million a year ago. Net income was INR 2,928.7 million compared to INR 3,034.7 million a year ago. Basic earnings per share from continuing operations was INR 3.76 compared to INR 3.88 a year ago. Diluted earnings per share from continuing operations was INR 3.76 compared to INR 3.88 a year ago.
For the six months, sales was INR 461,778.9 million compared to INR 434,073.3 million a year ago. Revenue was INR 462,875.1 million compared to INR 435,472.9 million a year ago. Net income was INR 5,389.1 million compared to INR 5,522.5 million a year ago. Basic earnings per share from continuing operations was INR 6.89 compared to INR 7.07 a year ago. Diluted earnings per share from continuing operations was INR 6.89 compared to INR 7.06 a year ago.
Redington Limited is an India-based technology solution provider company. The Company is engaged in the business of distribution of information technology, mobility, and other technology products besides supply chain solutions. The Companyâs segments include Singapore, India & South Asia (SISA) and (Rest of the World (ROW). The Company provides information technology solutions across cloud, technology, digital printing, and solar. Further, it is engaged in offering technology services, logistics services, business process solutions, and financial services. The principal activity of the Company is wholesale distribution of machinery, equipment, and supplies (Wholesale of computers, computer peripheral equipment, software, electronic and telecommunications equipment and parts). Its solution offerings include hyperconverged infrastructure, enterprise storage, storage visualization, fault tolerant solutions, and software-defined storage.
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Investor
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Global
Global
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