Redington Posts Q4 Success, Declares ₹6.8 Dividend Per Share

Redington Ltd. has revealed good Q4 financial performance, reaffirming its market position and dedication to shareholder returns. Consolidated revenue from operations at the company was reported at ₹264.4 billion, together with a net profit of ₹6.66 billion, indicating consistent growth and operational excellence. Redington has also announced a dividend payment of ₹6.8 per share, consolidating investor confidence.

 

Key Highlights:

 

Revenue Growth: Redington achieved ₹264.4 billion in revenue, highlighting steady growth in its distribution and services business.

 

Profitability: The firm achieved a net profit of ₹6.66 billion, upholding robust financial health.

 

Dividend Declaration: A dividend of ₹6.8 per share has been declared, reaffirming Redington's intention to reward shareholders.

 

Market Positioning: Redington continues to consolidate its position in the technology and mobility distribution segment.

 

Future Outlook: Owing to continuous expansion plans, the company is set for further growth in the subsequent quarters.

 

This performance reflects Redington's adherence to shareholder value as well as financial strength, providing steady returns to investors.

 

Source: Value Research, SharesCart, Investing.com