Redington India Q2 net rises 12.9 pc to Rs 85.95 cr

Telecom product distribution firm Redington India has reported a 12.9 per cent increase in its consolidated net profit at Rs 85.95 crore for the second quarter ending September 30, 2014.
The Chennai-based company had reported consolidated net profits at Rs 76.07 crore during the corresponding period of previous year, Redington India said in a BSE filing.
Total income from operations for the second quarter ending September 30, 2014 rose to Rs 7,757.78 crore from Rs 6,674.42 crore registered during the same period of previous year.
Shares of the company ended at Rs 96.55 a piece, down by 3.69 per cent over previous close in BSE.