Redington Q2 PAT up 20% as IT infra spends grow

Chennai-based IT services and solutions provider Redington reported a net profit of ₹422 crore for the second quarter ended September 2026, up 20 per cent from ₹350 crore posted in the same quarter last year. Revenue from operations rose 48 per cent year-on-year to ₹42,947 crore, led by the overall increasing in enterprise tech and data centre spending.

India revenue grew 67 per cent year-on-year, driven by DC investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions. Revenue across the Middle East and Africa increased 41 per cent year-on-year, supported by demand for enterprise infrastructure, cloud and cybersecurity solutions.

As for the company’s business segments, Software Solutions Group (SSG) grew 39 per cent year-on-year, while End Point Solutions Group (ESG) grew 38 per cent year-on-year. Mobility Solutions Group (MSG) grew 40 per cent year-on-year led by premium smartphone demand, and Technology Solutions Group (TSG) grew 91 per cent year-on-year, driven by large enterprise and data centre demand.

“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,” VS Hariharan, Managing Director and Group CEO, Redington Ltd, said in a statement.

Redington’s share price on the BSE ended at ₹366.60 on Wednesday, up 9.32 per cent.

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