Redington (India) reports 6% rise in Q1 consolidated net profit

04 Aug 2015

Redington (India) has reported results for first quarter ended June 30, 2015.

The company has reported 12.49% rise in its net profit at Rs 41.96 crore for the quarter ended June 30, 2015 as compared to Rs 37.30 crore for the same quarter in the previous year. The company’s total income has increased by 6.53% to Rs 2876.42 crore for the quarter under review from Rs 2700.17 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 5.50% rise in its net profit after taxes, minority interest and share of profit/(Loss) of associates of Rs 81.15 crore for the quarter ended June 30, 2015 as compared to Rs 76.92 crore for the same quarter in the previous year. Total income of the company has increased by 5.47% at Rs 7579.36 crore for quarter under review as compared to Rs 7186.19 crore for the quarter ended June 30, 2014.

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