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  1. Redington shares rally 18% to hit 52-week high after strong Q1 FY27 performance; check all numbers

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Redington shares rally 18% to hit 52-week high after strong Q1 FY27 performance; check all numbers

SUMMARY

Redington said India delivered particularly strong growth, with revenue increasing 63% and profit after tax rising 60% yearly.

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Redington’s consolidated PAT grew more than twice as fast as revenue at ₹486 crore, soaring 77% yearly in Q1 FY27. Image: Shutterstock

Redington shares rallied 18% to hit a 52-week high of ₹338.50 apiece on Thursday, July 30, after the official reseller of Apple products in India reported robust earnings for the quarter ended June 30, 2026 (Q1 FY27).
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The company’s consolidated profit after tax (PAT) grew more than twice as fast as revenue at ₹486 crore, soaring 77% in Q1 FY27 as against ₹275 crore in the same period last year.

Its revenue from operations increased 35% in the April-June period to ₹34,922 crore as compared to ₹25,952 crore on a year-on-year (YoY) basis, marking the highest-ever quarterly revenue.

On the operational front, Redington’s earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter surged 76% to ₹707 crore in Q1 FY27 from ₹401 crore in the corresponding quarter for the previous fiscal year.

The EBITDA margin for the quarter expanded to 2.02% in the reporting quarter in contrast to 1.55% YoY.

Regional updates

Redington in a statement said that the performance was broad-based across businesses and key operating markets. India delivered particularly strong growth, with revenue increasing 63% and profit after tax rising 60% yearly.

The growth was supported by the execution of large enterprise deals, higher PC realisations amid industry-wide memory supply constraints, continued premiumisation in mobility, and sustained demand across cloud and cybersecurity.

Further, revenue across the Middle East and Africa grew 15% YoY, supported by cloud- and cybersecurity-led offerings, despite continued geopolitical uncertainty.

The company said that it continues to closely monitor global geopolitical developments while maintaining a strong focus on operational resilience and business continuity across its markets.

Commenting on the earnings, Redington Managing Director & Group CEO V. S. Hariharan said, “We have started FY27 on a strong note, delivering our highest-ever quarterly revenue and profit. This performance reflects the strength of our diversified business model, disciplined execution and broad-based momentum across businesses and geographies. Profit growth significantly outpaced revenue growth, reinforcing our continued focus on profitable and sustainable growth.”

Segment performance

The Software Solutions Group (SSG) jumped 52% YoY, supported by increased adoption of cloud, cybersecurity, software-led engagements, AI-enabled solutions and subscription-based models in Q1 FY27.

Endpoint Solutions Group (ESG) grew 35% year-on-year, on the back of higher PC realisations amid ongoing industry-wide memory supply constraints and sustained market demand.

Mobility Solutions Group (MSG) increased 21% annually, led by demand for premium smartphones and the continued expansion of retail-led distribution models.

Technology Solutions Group (TSG) advanced 50% on a yearly basis, driven by the execution of large enterprise and data center deals, along with healthy growth in the underlying business.

“As technology adoption accelerates across cloud, software, cybersecurity, AI-enabled infrastructure and digital transformation, Redington is well positioned to capture these opportunities through its strong ecosystem of global technology brands, partners and customers. We will remain focused on operational resilience, capital efficiency and long-term value creation for all our stakeholders,” said Hariharan.

Redington share price trends

At 10:54 AM, Redington shares were trading at ₹319.55 apiece on the National Stock Exchange, gaining 11.17%.

From the beginning of the year, Redington shares have jumped 16%. Over a month’s time, the stock has climbed 15.6%, while for a six months period it has climbed 17%.

According to NSE data, as of July 30, 2026, Redington has a total market capitalisation of ₹24,993.33 crore.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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