Company updateCNBC-TV18
Redington sees software driving growth over next 3-5 years
Positive+17
GreyOak summary
Redington's Managing Director VS Hariharan stated that the Software Solutions Group will remain a key growth driver for the next three to five years. The group grew 39% in the July-September 2026 quarter, contributing 15% to overall revenue. The company reported nearly 3,000 crore in revenue from its data center business, supported by strong AI infrastructure demand.
What it affects
- RedingtonREDINGTONPositive +17
Software group grew 39%; shares up 3.5%.Rolling sentiment Positive +43
- AI and data centresPositive +16
Data center revenue hit nearly 3,000 crore.Rolling sentiment Positive +29
- Information TechnologyPositive +8
AI infrastructure demand remains strong.Rolling sentiment Neutral +3
Source
Read the original at CNBC-TV18More Redington news
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