Redington India Beats Estimates In Q4, Shares Jump

Redington India, one of the two distributors for Apple products in India, gained over 16 per cent on Tuesday following the announcement of its March quarter numbers.  Redington India reported a net profit of Rs 138 crore on sales of Rs 10,474 crore in Q4, surpassing expectations of Rs 126 crore profit on revenues of Rs 9,110 crore, according to brokers polled by NDTV Profit.  Redington India had reported a net profit of Rs 123 cror...