Redington Q1 FY27: record quarter, faster profit growth
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Frequently Asked Questions
Consolidated revenue was 34,966 crore, EBITDA was 751 crore and PAT was 486 crore, as stated in the earnings presentation and reiterated on the call.
SISA revenue was 21,138 crore (up 63% YoY) with PAT 327 crore (up 56% YoY). RoW excluding Arena revenue was 12,656 crore (up 16% YoY) with PAT 191 crore (up 81% YoY).
Management said the price increase effect was mainly in Endpoint Solutions. PC prices increased about 25% to 50% over the last 2 to 3 quarters and channel inventory was about 2 to 3 months.
Free cash flow was -995 crore in Q1 FY27. The key driver was a working capital outflow of -1,825 crore, as shown in the free cash flow statement.
Management stated Arena had a Q1 loss of 64 crore, with Redington’s share of loss being 31 crore. Management also indicated Arena losses may continue through the current year.
Management said it rolled out Reonics (subscription renewal automation), TrackMyCloud (cloud usage and optimization) and an AI Exchange marketplace integrated with CloudQuarks during Q1 FY27.
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