FilingReader Intelligence
Redington posts 22% revenue growth despite margin pressures
August 5, 2025 at 04:29 PM UTC•By FilingReader AI
Redington Limited reported 22% year-on-year revenue growth and 12% profit increase for Q1 FY26. Excluding Turkish subsidiary Arena, revenues rose 24% and profits 15%.
Mobility Solutions Group led with 44% growth, while Cloud Solutions increased 41%. Technology Solutions Group grew 21% but margins declined due to large deals and market pressures.
Arena's performance was hit by $8m in provisions, expected to be one-time. Working capital days improved to 37 from 39 previously.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:REDINGTON•Bombay Stock Exchange
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