India · Delayed Price · Currency is INR Redington Earnings Call Transcripts
Fiscal Year 2026
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Record revenue and profit growth driven by strong India performance and robust expansion in cloud, mobility, and data center segments. Middle East conflict and supply shortages present near-term risks, but investments in AI, cloud, and professional services position the business for sustained growth.
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Record quarterly revenue and profit driven by strong growth in India, SSG, and mobility segments. Arena's losses narrowed due to restructuring, while TSG faced margin pressure from deal timing and competition. Working capital and debt levels improved significantly.
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Q2 saw record revenue and profit growth, with strong performance across all segments and geographies. SSG led with 48% growth, while Arena's losses narrowed due to strategic divestments. Outlook remains positive, especially in India, with continued investments in high-margin businesses.
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Q1 saw record revenue and profit growth, led by strong performance in India, UAE, and KSA, with Mobility and Cloud segments excelling. Gross margin declined due to large deals and Arena's $8M provision amid Turkish economic stress. Outlook remains positive, with focus on high-growth, high-margin segments.
Fiscal Year 2025
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Q4 and FY 2025 saw record revenue and profit growth, driven by strong execution across all segments and geographies, especially in cloud and software. Margin guidance remains steady, with further improvements expected as the business mix shifts. Dividend payout and debt reduction were notable highlights.
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Record quarterly revenue and profit were achieved, driven by strong growth in cloud, technology solutions, and mobility segments across India and UAE. Working capital and debt levels improved, while gross margins normalized amid competitive pressures. Outlook remains optimistic for Q4 and CY25.
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Record revenue and double-digit growth across all business units, led by Cloud and Mobility, with strong execution in India and UAE. Gross margin pressure from business mix and inventory provisions is expected to ease in H2, with margin and profitability improvements anticipated.
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Q1 FY25 delivered record revenue and 13% PAT growth year-over-year, led by strong cloud and endpoint solutions performance, despite headwinds in Turkey and MEA. Management expects recovery in key markets, maintains margin guidance, and continues expansion into new geographies.