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Redington sees software driving growth over the next 3-5 years, AI infra demand stays strong

Reported by: CNBC TV18 ·

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Redington

Summary

CNBC TV18 reported that Redington's Managing Director and Group CEO VS Hariharan said software services will drive the company's growth over the next three to five years. He said software will also lift margins over time, and that demand for AI infrastructure stays strong. Break-even means the business earns just enough to cover its costs, with no profit or loss. FY28 means the financial year from April 2027 to March 2028. The report gives no revenue or profit figures for these plans. This is what the company's management said, as reported by CNBC TV18.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18

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CNBC TV18  · · Tone +2

Redington sees software driving growth over the next 3-5 years, AI infra demand stays strong

Managing Director & Group CEO VS Hariharan said software services will boost margins over time, while the company also expects its Turkey business to reach break-even in FY28 after ongoing restructuring.

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