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The Economic Times
The Economic Times
Business
Surbhi Khanna

Redington shares gain 4% after Q1 profit jumps 77% YoY, revenue growth remains robust

Redington shares rose nearly 4% during Friday’s session to an intraday high of Rs 322, extending gains after the technology solutions provider reported a 77% year-on-year (YoY) jump in net profit for the June quarter, driven by record revenue and strong growth across key business segments.

The stock had surged nearly 15% during Thursday’s session following the earnings announcement and touched a fresh 52-week high of Rs 338.50.

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