After having reported a 12.9 percent increase in its consolidated net profit at Rs 85.95 crore for Q2, SV Krishnan, chief financial officer, Redington India says the company’s Q3 will be stronger.
In an interview to CNBC-TV18, Krishnan adds that while Q3 is expected to be better than Q2, it should be looked at with a higher base as Apple has launched a new product same time last year.
Furthermore, Krishnan adds that the telecom product distribution firm’s international business has been affected by the geopolitical crises in the middle east and by the Ebola breakout.
Transcript to follow soon.
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