Info-tech

Redington profit rises 9% to ₹110 crore in Dec quarter

PTI Chennai | Updated on January 19, 2018 Published on February 03, 2016

IT parts distributor Redington India today reported a 9.1 per cent rise in consolidated net profit at ₹110.34 crore.



The city-based company had posted a net profit of ₹101.07 crore during the corresponding quarter of the previous fiscal, Redington (India) Ltd said in regulatory filing.



For the nine-month period ended December 2015, consolidated net profit grew 9.1 per cent to ₹288.11 crore from ₹263.94 crore, it added.



The company’s consolidated total income from operations for the third quarter also rose to ₹9,003.39 crore from ₹8,428.22 crore in the same quarter of the previous fiscal.



For the April-December 2015 period, consolidated total income from operations soared to ₹24,953.37 crore from ₹23,344.28 crore. Shares of the company closed 0.24 per cent down at ₹103 apiece on the BSE.

Published on February 03, 2016
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