Conference Call with Redington Ltd. Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Commodity Trading & Distribution company Redington announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 34,922.47 crore, registering a growth of 34.57% YoY compared to Rs 25,951.99 crore in Q1FY26 and an increase of 5.15% QoQ from Rs 33,213.03 crore in Q4FY26. Total Income for the quarter Q1FY27 was reported at Rs 34,965.63 crore, up 34.48% YoY from Rs 26,001.52 crore in Q1FY26 and up 5.10% QoQ from Rs 33,268.57 crore in Q4FY26. Other Income during Q1FY27 was Rs 43.16 crore, as against Rs 49.53 crore in Q1FY26 and Rs 55.54 crore in Q4FY26. Profit Before Tax (PBT) reached Rs 610.87 crore in Q1FY27, reflecting a significant growth of 100.73% YoY from Rs 304.33 crore in Q1FY26 and an increase of 54.56% QoQ from Rs 395.22 crore in Q4FY26. Profit After Tax (PAT) attributable to the shareholders of the company was Rs 485.98 crore for Q1FY27, marking a YoY growth of 76.55% from Rs 275.27 crore in Q1FY26 and a QoQ growth of 24.19% from Rs 391.32 crore in Q4FY26. Total Comprehensive Income for Q1FY27 stood at Rs 442.60 crore, compared to Rs 231.20 crore in Q1FY26 and Rs 573.07 crore in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 6.22, showing an increase compared to Rs 3.52 in Q1FY26 and Rs 5.01 in Q4FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 was Rs 20,753.20 crore, marking a YoY growth of 62.68% from Rs 12,757.28 crore in Q1FY26 and a QoQ increase of 5.95% from Rs 19,587.44 crore in Q4FY26. Total Income for the quarter Q1FY27 stood at Rs 20,778.40 crore, up 62.62% YoY from Rs 12,777.40 crore in Q1FY26 and up 5.94% QoQ from Rs 19,613.89 crore in Q4FY26. Profit Before Tax (PBT) for Q1FY27 was Rs 433.84 crore, reflecting a 61.07% YoY increase from Rs 269.35 crore in Q1FY26 and an 11.62% QoQ increase from Rs 388.67 crore in Q4FY26. Profit After Tax (PAT) reached Rs 321.01 crore in Q1FY27, showing a growth of 60.34% YoY compared to Rs 200.21 crore in Q1FY26 and a 11.25% QoQ growth from Rs 288.55 crore in Q4FY26. Total Comprehensive Income for Q1FY27 stood at Rs 319.64 crore, as against Rs 201.14 crore in Q1FY26 and Rs 292.81 crore in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 4.11, compared to Rs 2.56 in Q1FY26 and Rs 3.69 in Q4FY26. Business Highlights: Segment-wise Performance: SISA (Singapore, India & South Asia): Revenue grew to Rs 21,126.29 crore in Q1FY27, up from Rs 12,994.89 crore in Q1FY26. ROW (Rest of World): Revenue stood at Rs 13,810.08 crore in Q1FY27, compared to Rs 12,970.60 crore in Q1FY26. Corporate Expansion: During Q1FY27, the company incorporated new wholly-owned step-down subsidiaries: PT Redington Technology Indonesia in Indonesia and Redington (Thailand) Limited in Thailand. Post-Quarter Incorporation: Subsequent to Q1FY27, Aladeem Al Ahmar for Computer and Mobile phone Trading and Services LLC was incorporated as a step-down subsidiary in Iraq. Divestment: Redserv Business Solutions Private Limited, a wholly-owned step-down subsidiary, completed its voluntary strike-off and ceased to be part of the Group during the quarter. Accounting Note: Ind AS 29, "Financial Reporting in Hyperinflationary Economies," was applied for certain step-down subsidiaries using the "Turkish Lira" as their functional currency. Result PDF