Chennai: Technology solutions and distribution company Redington reported a 16% year-on-year growth in global revenue at Rs 30,959 crore in Q3 FY26, driven by cloud adoption and premium device demand. Net profit rose 9% to Rs 436 crore from Rs 400 crore a year earlier.Its software solutions group grew 40%, supported by strong cloud adoption, while endpoint solutions expanded 21%, driven by PC demand and increasing enterprise adoption of AI PCs. The mobility segment, which includes the distribution of smartphones such as Apple iPhone, grew 15% and contributed about 35% of total revenue, supported by sustained premium segment demand and expansion of the direct-to-retail model.Management said expected price increases in electronics, driven by component and RAM shortages, could put pressure on device volumes over the next 12 to 18 months as customers delay refresh cycles. The company said its strategy is to transition from a traditional distributor to a digital orchestrator focused on cloud, software and AI-led solutions. As part of its diversification into higher-value technology services, Redington is expanding its presence in digital and industrial printing. The company expects incremental growth in labels and packaging, driven by shorter shelf-life cycles of consumer products and demand from segments such as photo printing, according to a senior executive.Redington on Thursday launched a demonstration centre for HP Indigo and industrial 3D printing solutions to showcase digital printing and additive manufacturing applications for manufacturers, brands, startups and print service providers. Ramesh KS, vice president of digital printing at Redington said that while the digital printing business remains a small contributor to revenue, it is evolving as a value-driven, end-to-end solutions model for the group. The facility is aimed at sectors such as automotive and drones, enabling manufacturers to accelerate prototyping and scale production.
