India · Delayed Price · Currency is INR Redington Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY26 saw record revenue and profit, with broad-based growth across geographies and segments. SSG led with 40%+ growth, while Arena losses narrowed amid restructuring. Working capital and debt improved, but margin pressures persist in TSG and Arena.
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Record quarterly revenue and profit driven by strong growth across all segments and geographies, with SSG and mobility outperforming expectations. ARENA's losses are being addressed through divestments, and investments continue in high-margin software and services.
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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. Software and cloud now comprise 15% of the portfolio, with further expansion targeted. Dividend payout remains robust, and debt reduction is a priority.
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Record quarterly revenue and profit achieved, led by strong growth in cloud, technology solutions, and mobility segments. Working capital and cost controls improved margins, while expansion into new geographies and business model shifts position for continued growth.
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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.