Apple reseller Redington Q2 profit up as India sales of phones, laptops rise

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BENGALURU : India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26 per cent jump in September quarter profit on the back of buoyant domestic demand for phones, laptops and software.Consolidated profit for the three months ended Sept. 30 climbed to 3.87 billion rupees ($4

BENGALURU : India's biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26 per cent jump in September quarter profit on the back of buoyant domestic demand for phones, laptops and software.

The iPhone reseller's quarterly revenue rose to 190.51 billion rupees from 152.87 billion rupees a year ago, per the filing. Apple, its single largest vendor, accounted for 27 per cent of the revenue.

Source: Tech Daily Report (techdailyreport.net)

 

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