Saturday, October 29, 2011

Redington India Q2 cons net profit up 24.5% at Rs 61 cr

Redington India has reported a consolidated net profit of Rs 61 crore in the second quarter of FY12, a growth of 24.5% as compared to Rs 49 crore in the corresponding quarter of last fiscal.

Consolidated net sales jumped 39.8% to Rs 5,434 crore in the July-September quarter of FY12 as against Rs 3,887 crore in same quarter the previous year.

During the second quarter,

Objet Geometries AP Ltd. (OBJET), a global leader in 3D printing, has appointed the Redington as master distributor for their 3D printing systems and products across the country.

Molex Premise Networks, a global manufacturer of structured cabling systems has appointed Redington as a distributor for distribution of complete range of their product portfolio, including, PowerCat™ 5e, 6 and 6A structured cabling systems as well as optical fibre and Canobeam® Free Space Optics & MIIM Intelligent cabling systems.

Redington (India) has been appointed to distribute Vodafone branded Mobiles & Telecom products across India to the channel addressing the Retail space.

Polycom Asia Pacific Pte Ltd has appointed the Redington as a distributor for their audio & video conferencing products across India and other SAARC Region expect Pakistan and Afghanistan.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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