Chennai-based Redington reported a consolidated net profit of ₹288 crore for the fourth quarter ended March 31, 2026 a 69 per cent drop from the₹918 crore the company posted in the same quarter last year. Revenue from operations for the quarter stood at ₹33,213 crore, representing year-on-year growth of 25.6 per cent year on year.

The jump in losses was driven by a ₹152 crore reduction in the valuation of one of the company’s subsidiaries in Turkey. It said in an exchange filing that challenging economic conditions in Turkey and lower future growth expectations has reduced the value of Arena Bilgisayar Sanayi Ve Ticaret A.S., a subsidiary of Redington Gulf FZE (RGF). 

For FY26, Redington delivered revenue of ₹119,347 crore, representing a year-on-year growth of 20 per cent. Consolidated net profit went down to ₹1,284 crore from ₹1,821 crore in FY25.

As for the company’s various segments, Software Solutions Group (SSG) grew 31% year-on-year while End Point Solutions Group (ESG) grew 28% year-on-year. Mobility Solutions Group (MSG) grew 19% year-on-year, led by premium smartphone demand and Technology Solutions Group (TSG) grew 34% year-on-year, driven by large enterprise deals and demand for infrastructure-led solutions.

“Our performance this quarter reflects the resilience of our business model and the discipline with which our teams continue to execute. As technology spending becomes more strategic, we are seeing strong opportunities across cloud, software, cybersecurity, enterprise infrastructure, AI, and digital services. Our core markets continue to deliver, and our services capabilities are increasingly helping customers across the cloud, security, and software lifecycle. Looking ahead, we remain focused on expanding market reach, deepening partner engagement, and building a business positioned for long-term value creation through digital routes-to-market, AI-led capabilities, and ecosystem orchestration,” V. S. Hariharan, Managing Director & Group CEO, Redington Limited said.

Redington’s share price on the NSE closed at ₹217.45, up by ₹7.40 or 3.52 per cent.

Published on May 14, 2026