Redington Reports Rs 995,620 Mn Revenue in FY25

22 May 2025 CW Team

Redington Limited announced its financial results for the quarter and fiscal year ended 31 March 2025. The company reported Q4 FY25 consolidated revenues of Rs 265,100 million, an 18 per cent increase year-on-year, with net profit rising 23 per cent to Rs 4,000 million, excluding one-time divestment gains.

For the full fiscal year, Redington recorded record consolidated revenues of Rs 995,620 million, up 11 per cent compared to the previous year. Consolidated profit after tax grew 10 per cent excluding divestment gains, reflecting sustained profitability.

Broad-based growth was driven by India’s 26 per cent increase and UAE’s 24 per cent growth in Q4. Saudi Arabia and Africa showed positive momentum. The cloud business grew 41 per cent year-on-year, boosted by new software contracts and large deals.

The Board recommended a final dividend of Rs 6.80 per share, subject to shareholder approval.

Redington is a Fortune India 500 company with operations in over 40 markets, supporting 450+ brands and more than 70,000 channel partners.

Source:Redington Limited Press Release

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..