Redington reports strong revenue growth and proposes dividend
pre-market1 source ↓written by the desknot a recommendation
Redington reported consolidated revenue of ₹1,19,162.36 cr and profit of ₹1,604.84 cr year-over-year. A final dividend of ₹6 per share has been proposed. Additionally, an impairment loss was recognized on a Turkish subsidiary's trade name, impacting overall financials.
This strong performance may enhance investor sentiment and support trading activity in the stock.
Not investment advice. For informational purposes only.