New Delhi, July 30 -- Shares of Redington surged 18% in Thursday's trade, July 30, to hit a fresh all-time high of Rs.338.50 apiece as investors cheered the company's strong performance for the June quarter.

The company delivered its highest-ever quarterly revenue and profit in Q1 FY27. Consolidated revenue stood at Rs.34,966 crore, representing 34% year-on-year growth, while profit after tax (PAT), excluding exceptional items, rose 77% year-on-year to Rs.486 crore. The PAT margin for the quarter stood at 1.4%.

The strong performance was broad-based across Redington's businesses and key operating markets. India delivered particularly robust growth, with revenue increasing 63% and profit after tax rising 60% year-on-year.

The growth was...