Redington Ltd (REDINGTON) Q3FY25 Concall Summary - Dec-2024 Qtr
Performance Overview
- Redington Ltd. achieved its highest-ever quarterly revenue and profit in Q3 2025, reaching INR 26,764 crores and INR 400 crores, respectively. Revenue grew by 14%, while profit outpaced it at 17%.
- Strong execution across business segments and geographies fueled this performance. Notably, the UAE and India saw robust revenue growth at 26% and 18%, respectively.
- The Cloud business unit shone with a 42% top-line increase, driven by the Hyperscaler business and subscription software.
- Improved working capital management resulted in a 33-day cycle, contributing to lower interest costs. OPEX control was also commendable, growing only 1% despite the revenue surge.
- Despite a challenging environment in Turkey, the subsidiary Arena managed a small profit due to better inventory and receivables management and cost control.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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