Redington Q1 FY27Q delivers record revenue and profit

Redington Limited has begun FY27 with its strongest quarterly performance, reporting its highest-ever revenue and profit for the quarter ended June 30, 2026. Redington Q1 FY27 highlights how growing demand for cloud, cybersecurity, AI-enabled infrastructure, mobility, and enterprise technology is driving broad-based growth across its business and key markets.

The technology distributor reported consolidated Redington revenue of ₹34,966 crore, up 34% year-on-year. Profit after tax (PAT), excluding exceptional items, rose 77% to ₹486 crore, while PAT margin stood at 1.4%, reflecting stronger profitability alongside revenue growth.

India leads Redington revenue growth

India emerged as the company's fastest-growing market during the quarter. Revenue increased 63% year-on-year, while Redington PAT from the region rose 60%. According to the company, growth was supported by large enterprise deals, higher PC realisations amid industry-wide memory supply constraints, premium smartphone demand, and continued momentum across cloud and cybersecurity.

Meanwhile, revenue in the Middle East and Africa grew 15% despite geopolitical uncertainty, driven by cloud- and cybersecurity-focused offerings.

Q1 earnings driven by every business segment

The company's Q1 earnings were supported by growth across all major business segments. The Software Solutions Group grew 52% on the back of cloud, cybersecurity, AI-enabled solutions, software engagements, and subscription-based models.

The Endpoint Solutions Group expanded 35%, supported by higher PC realisations and continued market demand. Mobility Solutions Group recorded 21% growth through premium smartphones and retail distribution, while the Technology Solutions Group grew 50%, driven by enterprise and data-centre projects.

Redington sees long-term opportunity in technology adoption

Managing Director and Group CEO V. S. Hariharan said the company delivered its highest-ever quarterly revenue and profit through disciplined execution and a diversified business model. He added that accelerating adoption of cloud, software, cybersecurity, AI-enabled infrastructure, and digital transformation positions the company well for long-term growth.

Redington also stated that it continues to monitor global geopolitical developments while maintaining operational resilience and business continuity across its markets.

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