Redington Ltd (BOM:532805)
₹ 190.1 -1.9 (-0.99%) Market Cap: 148.62 Bil Enterprise Value: 161.54 Bil PE Ratio: 12.22 PB Ratio: 1.97 GF Score: 87/100

Q3 2021 Redington (India) Ltd Earnings Call Transcript

Feb 08, 2021 / 12:00PM GMT
Release Date Price: ₹77.58 (+0.29%)
Raj Shankar;India;Limited;MD;Director
Redington

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Thank you very much. Good evening to all who have joined us today. I feel extremely happy to share some great set of numbers that the Redington team has been able to deliver, particularly in Q3. We have reached many milestones, and let me start. We recorded the highest ever revenue in any given quarter since the inception of this company. For us to do the kind of numbers that we have delivered in this quarter, which is about INR 17,000 crores. And very importantly, we reached $1 billion of revenue as far as India is concerned.

From a profit standpoint, this, again, I say with absolute pride that this has been the highest ever profit, and this is notwithstanding the fact that this is after taking -- making a tax provision to the tune of between INR 89 crores and INR 90 crores. And after that, we have delivered a profit, which is the highest ever in any quarter for Redington.

In terms of the performance as compared to the industry in India, we outperformed the industry

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