Apple reseller Redington Q2 profit up as India sales of phones, laptops rise
India’s biggest Apple and IT products distributor Redington Ltd on Thursday reported a 26% 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 agoApple reseller Redington Q2 profit up as India sales of phones,
laptops risehe 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% of the revenue.
India distribution business continued to post double digit growth, Redington said. ...