Good Q2FY17 Earnings; Investing in Emerging Businesses to Gain New Opportunities: Redington India showed a good financial performance in Q2FY17. In Q2FY17,the company posted a revenue growth of 16.1% on a YoY basis at Rs.97256 Mn compared to Q2FY16 of Rs.83803Mn. The turnover grew by 12.0% in India and 19.0% from overseas in Q2FY17. The EBITDA margin declined slightly by 22 bpsin Q2FY17 on YoY basis. The management explained that this was majorly from the forex loss; and had such an off-event taken out, the growth in the earningsin Q2FY17 would had been at 45%.