Redington Limited has reported a record-breaking revenue of ₹29,118 crore for the second quarter of fiscal year 2026, marking a 17% year-over-year growth. This performance, announced on November 5, 2025, represents the highest revenue ever recorded by the company in a single quarter. Alongside this impressive revenue figure, Redington also achieved a net profit of ₹388 crore, which reflects a remarkable 32% increase compared to the same period last year. The growth can be attributed to the company's strategic investments in cloud modernization, advanced cybersecurity, and AI-driven solutions that continue to reshape its business model.
The growth momentum has been broad-based, with both India and the UAE seeing a 23% increase year-over-year in revenues, while Saudi Arabia (KSA) achieved a 10% growth. The African markets also contributed positively to the overall upward trend. The company's Managing Director and Group CEO, Mr. V.S. Hariharan, emphasized that the results underscore the strong momentum in their Software Solutions business, further fueled by enhanced partnerships and a diverse portfolio of offerings. This transformation supports enterprises as they modernize their infrastructures and navigate the complexities of an AI-driven future.
Key highlights from Q2 FY26 show that the Software Solutions Group grew an impressive 48% YoY, driven by increased demand for cloud and cybersecurity services. The Mobility Solutions Group (MSG) marked an 18% growth, largely due to enhanced demand in the premium segment and effective direct-to-retail strategies. The Technology Solutions Group (TSG) reported a 9% growth, reflecting stronger enterprise demand, while the ESG segment grew 11% as AI PC penetration in India rises. This shift from a distribution-focused organization to a comprehensive technology solutions provider positions Redington favorably as it capitalizes on emerging technologies and the increasing demand for digital innovation.