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3 min read | Updated on November 04, 2026, 15:02 IST
SUMMARY
The official reseller of Apple products in India saw an increase of 48% in revenue from operations to ₹42,947 crore as compared to ₹29,076 crore on a YoY basis.
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Redington’s Technology Solutions Group (TSG) reported 91% annual revenue growth, driven by enterprise and data centre investments. Image: https://www.apple.com/in/iphone-18-pro/
Its revenue from operations increased 48% in the July-September period to ₹42,947 crore as compared to ₹29,076 crore on a year-on-year (YoY) basis, marking a growth of 48%.
On the operational front, Redington’s earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter surged 43% to ₹839 crore in Q2 FY27 from ₹588 crore in the corresponding quarter for the previous fiscal year.
The EBITDA margin for the quarter, however, contracted to 1.95% in the reporting quarter in contrast to 2.02% YoY.
The official reseller of Apple products in India said its quarter’s performance was supported by growth across major business groups and key markets. India revenue growth was driven by enterprise technology and data centre investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions.
Revenue across the Middle East and Africa increased 41% annually, supported by demand for enterprise infrastructure, cloud and cybersecurity solutions.
“Our Q2 performance reflects strong demand across key markets and the disciplined execution of our teams and partners. As customers invest in enterprise infrastructure, cloud, cybersecurity and AI, they need the right technologies and capabilities to work together. Our role as a technology ecosystem orchestrator is to connect these capabilities with our partner network, helping customers adopt, secure and manage their technology,” said V. S. Hariharan, Managing Director & Group CEO, Redington.
Hariharan added that the company would continue to expand its market reach, strengthen partner engagement and invest in services, digital channels and AI capabilities to support long-term growth.
Redington’s Technology Solutions Group (TSG) reported 91% annual revenue growth, driven by enterprise and data centre investments and demand for infrastructure modernisation.
The Mobility Solutions Group (MSG) recorded 40% YoY revenue growth, supported by demand for premium smartphones, new product launches and the expansion of retail-led distribution models.
The Software Solutions Group (SSG) reported a 39% increase in revenue, reflecting demand for cybersecurity, cloud and software solutions, along with the adoption of AI-enabled offerings and subscription-based models. The Endpoint Solutions Group (ESG) posted 38% YoY revenue growth, supported by commercial PC demand and higher device prices.
Redington in a statement said that it continues to monitor global geopolitical developments, with a focus on operational resilience and business continuity across its markets.
At 2:50 AM, Redington shares were trading at ₹368.8 apiece on the National Stock Exchange, soaring 10.01%. The stock has touched an intraday high of ₹374.40 per share.
From the beginning of the year, Redington shares have jumped 34%. Over a month’s time, the stock has fallen 11%, while for a six-month period, it has surged 66%.
Shares of the firm had hit a 52-week high of ₹419.50 on September 23, 2026, and a 52-week low of ₹191.31 on April 2, 2026.
According to NSE data, as of November 4, 2026, Redington has a total market capitalisation of ₹28,886.57 crore.
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