Redington (India) announced Q1FY23 Result : Q1FY23 – On a Global basis, Revenue grew by 25% while EBITDA grew by 34% and PAT grew by 33% SISA – Revenue grew by 37%, EBITDA grew by 37% and PAT grew by 39% ROW – Revenue grew by 16%, EBITDA grew by 31% and PAT grew by 29% Negative FCF generation of Rs. 23,167mn for Q1FY23 due to higher WC utilisation WC days for Q1FY23 stood at 28 days as against 18 days in Q1FY22 ROCE was 41% and ROE was 21% Gross Debt to Equity was at 0.2x and Net Debt to Equity was at (0.1x) India Distribution India Distribution has had two consecutive quarters of rapid growth Revenue grew by 40%, EBITDA grew by 47% and PAT grew by 55% WC days stood at 21 days in Q1FY23, same level as in Q1FY22 ProConnect India (PCS) PCS grew revenues by 18% on YoY basis due to solid execution PCS EBITDA and PAT for Q1FY23 grew by 12% YoY SISA ROCE was strong at 50% and ROE at 24% Result PDF