Rashi Peripherals Q3 Net Profit Rises 29.4% to ₹321 Million

Rashi Peripherals Limited, one of the leading national distribution partners for global technology brands in India, reported a 29.4% YoY rise in the net profit at ?321 million for Q3 ended December 31, 2024. The company reported solid growth in Q3 FY25, with total income reaching ?28,263 million, a 7.7% increase compared to the same period last year while also demonstrated strong profitability, as EBITDA rose 2.3% YoY to ?699 million.

For the nine-month period, Rashi Peripherals reported significant growth across key metrics. Net profit increased by 62.2%, reaching ?1,570 million. EBITDA also saw growth of 13.2%, totaling ?2,649 million, while total income surged 33.5% to ?107,996 million.

Key Consolidated Financials:

Operational Updates:

o   Maintained consistent double-digit CAGR

o   Launched customer service center with advanced capabilities, handling over 500 daily customer interactions (incoming and outgoing)

o   Expanded quick commerce portfolio with strategic brand partnerships

o   Started printer distribution with addition of HP CISS printers in portfolio

o   Strengthened environmental commitment through expanded E-waste collection initiatives

Commenting on the performance, Mr. Kapal Pansari, Managing Director, Rashi Peripherals Limited said, "Our strong performance this year is a testimony of our commitment to growth, innovation, and strategic expansion. The robust growth across revenue, EBITDA, and net profit reflects our strong market position and execution capabilities. Our expansion into new segments and continued focus on operational efficiency positions us well for sustained growth in India's dynamic technology distribution landscape.”

Mr. Rajesh Goenka, Chief Executive Officer, Rashi Peripherals Limited said, “This quarter marks a significant milestone in our transformation journey. The successful launch of our advanced customer service center and strategic partnership with HP demonstrate our commitment to service excellence and portfolio expansion. These initiatives, combined with our strong market presence and customer-centric approach, create a robust foundation for consistent growth and market leadership.”