Redington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The SAR Share Allotment Committee of the Company has approved allotment of 29,478 equity shares pursuant to exercise of Stock Appreciation Rights.08-11-2023
Redington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The SAR Share Allotment Committee of the Company has approved allotment of 29,478 equity shares pursuant to exercise of Stock Appreciation Rights.Q2FY24 Quarterly Result Announced for Redington Ltd.
Commodity Trading & Distribution company Redington announced Q2FY24 results: 1. Financial Performance - Redington reported a revenue of Rs 22,297 crore for Q2FY24, showing a 5% sequential growth. - The company achieved an operating profit of Rs 514 crore, representing a 17% growth QoQ. - Earning before interest and taxes (EBIT) and profit after tax (PAT) increased by 17% and 22% respectively, QoQ. 2. Business Segments - Redington experienced strong performance across all business segments, including Cloud, Mobility, Technology, and Endpoint solutions. - The company successfully navigated through market uncertainties and delivered significant growth in all geographies, including India, the Middle East Africa region, and Turkey. - Cloud business showed significant growth at 25% year-on-year (YoY) due to increasing demand for consumption and associated cloud services. V S Hariharan, Group CEO, Redington, said, "Redington's growth and success in this quarter has been fueled by our robust and multipronged strategy. We've harnessed growth opportunities through strategic vendor partnerships, new product launches, and Redington-led initiatives such as direct-to-retail, technology solutions for the enterprise segment, and focused go-to-market for emerging consumer categories. These concerted efforts have not only contributed to a notable market improvement this quarter but have also laid a solid foundation for our sustained success." Result PDFRedington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of newspaper publicationRedington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Q2 FY24 Earnings call recordingRedington Results Earnings Call for Q2FY24
Conference Call with Redington Ltd. Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.Redington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
A copy of Press release being release to the with respect to the financial results for the quarter and half year ended September 30, 2023Redington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Investor Presentation
We enclose the Earning Presentation for the investor meeting scheduled on November 7, 2023Redington Ltd - 532805 - Announcement under Regulation 30 (LODR)-Investor Presentation
We enclose herewith the Corporate Presentation for the investor meeting scheduled on November 7, 2023Redington Ltd - 532805 - Appointment of Company Secretary and Compliance Officer
Appointment of Mr. K Vijayshyam Acharya as the Company Secretary and Compliance officer w.e.f. from December 1, 2023.