Redington Limited. Q4 results show revenue rise from 21714.64 to 21894.97 crores, a 0.83% increase in growth. EPS also dropped from ₹4.86 to ₹3.97, down by 18.31%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Redington Ltd. shared its Q4 results on Tuesday. They earned 21894.97 crores in revenue this quarter, but that’s higher than the 21714.64 crores they made last quarter. The company’s growth increased by 0.83 percent when comparing the two quarters.
In terms of profits, Redington Ltd’s PAT (Profit After Tax) for this quarter was 310.10 crores, down from 379.70 crores in the previous quarter. Their quarter-to-quarter growth declined by 18.33 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹3.97, which is a decrease of 18.31% from the ₹4.86 EPS in the previous quarter.
Also read: ☞ ” Safari Industries Q4FY23 Results: Consolidated PAT Rises at Rs 38.09 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 79518.71 crores this year (2023), which is 26.76 percent/higher than last year’s total revenue of 62731.57 crores.
This year’s PAT (Profit After Tax) is 1392.56 crores, which is also 8.80% higher than last year’s PAT of 1279.91 crores.
The EPS (Earnings Per Share) for this year is ₹17.81, which is 8.66% more than the EPS of ₹16.39 earned last year.
Redington Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of 7.20 per Equity Share of Face Value of ₹10 each of the Company. Total Dividend for FY23 stood at ₹6.60 per Equity Share (Interim Dividend of ₹10 per Equity Share)
Dividend | Record Date |
₹7.20 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Redington:
Redington, officially established in 1993, was founded by R. Srinivasan. However, its incorporation dates back to 1961, when it initially operated as a distributor of IT products. Since its inception, Redington has grown and evolved to become a prominent organization in the IT industry.
Download Full PDF Q4 Results of Redington: Click Here
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