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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Redington
Redington (REDINGTON) investor relations material
Redington Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary4 Nov, 2026
Executive summary
Q2 FY27 global revenue reached ₹43,002 crore (+48% YoY); PAT was ₹581 crore excluding the exceptional Arena impairment, while reported profit attributable to shareholders was ₹541.32 crore.
H1 FY27 global revenue was ₹77,967 crore (+41% YoY) and PAT ₹1,067 crore (+61%) excluding exceptional items; statutory consolidated revenue was ₹77,869.38 crore and profit attributable to shareholders ₹1,027.30 crore.
Growth was broad across markets and technology businesses, amid geopolitical disruption, component price changes and supply-chain complexity.
Financial highlights
Global Q2 revenue was ₹43,002 crore (+48%), gross margin ₹2,100 crore (+41%), EBITDA ₹894 crore (+41%) and PAT ₹581 crore (+50%), excluding the exceptional impairment.
Excluding Arena, Q2 global revenue was ₹41,731 crore (+54%), gross margin ₹1,989 crore (+47%), EBITDA ₹1,003 crore (+58%) and PAT ₹657 crore (+55%).
H1 global revenue was ₹77,967 crore (+41%), gross margin ₹3,814 crore (+35%), EBITDA ₹1,645 crore (+52%) and PAT ₹1,067 crore (+61%).
Statutory consolidated Q2 revenue was ₹42,946.91 crore and profit attributable to shareholders ₹541.32 crore; H1 figures were ₹77,869.38 crore and ₹1,027.30 crore, respectively.
Revenue grew 48% while operating expenses rose 40%, retaining operating leverage.
Outlook and guidance
H2 growth was expected to exceed 25%, subject to demand contraction from price increases and the impact of the West Asia crisis on UAE, KSA and parts of the GCC.
India, GCCL and Africa were expected to remain strong; TSG was projected as the leading growth driver, followed by SSG, while Mobility, ESG and MSG warranted greater caution.
H2 was expected to remain good, though price-led demand pull-forward may temper seasonality; a base smartphone model launch could support Q4 volumes, subject to pricing and uptake.
Sustainable quarterly OpEx was indicated at ₹950–1,000 crore; longer-term priorities include improving gross margins through SSG/TSG solutioning and ecosystem orchestration, and growing software to 20% of the business.
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Latest events from Redington
- Revenue rose 33.47% as international operations and supply-chain services expanded.REDINGTON
Q4 06/07 - Revenue and PAT advanced as expansion broadened the business beyond IT distribution.REDINGTONQ4 07/08
- Consolidated revenue grew 16.54% as higher margins offset crisis-driven demand pressure.REDINGTONQ4 08/09
- FY10 revenue rose 9%, while consolidated PAT after minority grew 15%.REDINGTONQ4 09/10
- FY11 growth accelerated as Turkey, consumer devices and overseas markets expanded.REDINGTONQ4 10/11
- Revenue rose 14.1% as overseas growth offset a weak, volatile market.REDINGTONQ4 12/13
- Revenue grew 26.9%, but FY13 outlook stayed cautious amid currency and demand risks.REDINGTONQ4 11/12
- Revenue grew 15.7% as overseas and consumer demand offset PC weakness.REDINGTONQ4 13/14
- Double-digit FY15 growth offset weak demand, with overseas markets and mobile devices leading.REDINGTONQ4 14/15
Next Redington earnings date
Q3 26/274 Feb, 2027
Redington
Next Redington earnings date
Q3 26/274 Feb, 2027
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Frequently asked questions
Redington Limited is an information technology and mobility solutions distributor. The company provides end-to-end supply chain solutions for IT products, smartphones, and enterprise infrastructure services across various geographies. It is headquartered in Chennai, India, and its shares are listed on the NSE.