Results - Announcements
Redington Ltd share price soared by 9.32% to Rs 366.6 after the company's net profit slipped by 6.83% to Rs 422.51 crore, while revenue from operations increased sharply by 22.98% to Rs 42946.91 crore in Q3FY26 over Q2FY26.
The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 62485.26 crore, declining 3.04%. It has marginally improved by 2.28% over last one week and dipped slightly by 2.62% in last one month while the market capitalization of Redington Ltd has improved by 2.70% and 4.92% in the same period respectively.
Profit before tax (PBT) of Redington Ltd stood at Rs 623.81 crore in Q3 FY26, expanding by 35.68% year-on-year, and gaining 2.12% quarter-on-quarter. EBITDA came in at Rs 784 crore, rallying 43.62% YoY and surging by 18.02% sequentially.
Total expenses witnessed a sharp rise of 23.07% to Rs 42169.29 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 503.28 crore, easing 5.99% YoY.
For the TTM ended FY26, revenue from operations grew 19.96% to Rs 1.19 lakh crore, while net profit tumbled by 29.47% to Rs 1284.15 crore, compared to previous TTM. EBITDA surged by 178856% to Rs 2044.35 crore, and PBT collapsed by 27.31% to Rs 1697.09 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 231.35 crore in FY26, as against Rs 292.62 crore in FY25.
Redington Ltd rallied 46.46% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 7.38% during the same period.