Indian electronics distributor Redington rises on quarterly profit jump

Redington

06/02/2025 09:06

** Shares of India's Redington  REDI.NS  up ~5% at 224
rupees 
    ** Redington, a distributor for Apple  AAPL.O  and Samsung
 005930.KS  products, reported an 18% jump in quarterly profit
and a 14% rise in revenue from ops  
    ** Trading vols ~18 mln shares vs 30-day avg of 5.1 mln
shares 
    ** So far in 2025, REDI stock has climbed 12% 
    ** Redington stock gained 13% last year 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))