Today, Redington Limited completed a block deal on the National Stock Exchange, selling 949,193 shares at Rs. 224.9 per share, resulting in a total transaction value of approximately INR 21.35 crore.
Redington Limited
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Redington, a significant player in the industry, has switched to air freight for supply in the Middle East due to disrupted sea routes and rising costs. Notably, this move comes as Apple, accounting for 33% of their revenue, prefers safer road transportation. Anticipating growth, Redington aims for a 10-15% increase in revenues by fiscal year 2027.
Redington India's Q4 revenue for the fiscal year 2026 saw a significant 25% increase, reaching ₹33,269 crore. The company is focusing on strategic and technology-driven growth to expand its business.
Redington Ltd announces a proposed final dividend of INR 6 per share for FY26, pending approval at the AGM. The stock reached an intraday high of INR 214.45 on BSE, with a turnover of approximately INR 1.57 crore.
Redington Limited suggests a payout of INR 6 per share as a final dividend, notifying shareholders of an upcoming distribution.
Redington's Q4 net profit declined by 41.3% despite a 25.6% revenue growth, with the total revenue reaching ₹33,213 crore. The company reported a ₹6 dividend, attributed to strong performance in India and MEA markets. Shares ended the day at ₹211.15, marking a 0.24% increase.
Redington's Q4 net profit saw a significant decrease of 42% year-on-year, reaching ₹3.91 billion. However, the company managed to boost its revenue by 26%, ending the quarter at ₹332.1 billion.
Despite the financial impact of approximately $125 million due to the Iran-US conflict, Redington managed to maintain stability in its Q4 performance.
Redington Limited saw a 25% growth in quarterly revenue for Q4 FY26 (excluding Arena), with profit after tax rising by 16%. The decline in Arena's revenue was significant at 46%. On a global scale, the company's overall Q4FY26 revenue increased by 25%, while profit saw an improvement of 16%.
Analyst Rohan Shah at ACMIIL anticipates potential 23% growth in shares of Zydus Wellness, NCC, Redington, VTL, and Aarti Industries due to their promising technical setups and bullish momentum in the case of Zydus Wellness.
Redington Limited has announced an Investor/Analyst Meet scheduled for April 7, 2026, in Mumbai. Attendees can expect no disclosure of unpublished, price-sensitive information. For further details, please visit Redington's official website.