25/3/2025, 7:06:02 pm

Redington gets ₹175-crore tax demand order

Redington Ltd. received a ₹175.10 crore tax demand, including interest, for AY 2022-23. The company expects no material financial impact and is evaluating next steps. In Q3FY25, net profit rose 15.8% to ₹403 crore, with revenue up 13.7% to ₹26,716 crore. EBITDA grew 16.5% to ₹602.4 crore, driven by 42% growth in cloud business and 28% in technology solutions.