Redington shares fall 7.3% as EBITDA margin dips, despite 12% Q1 profit growth and 36% YTD stock surge.

• Q1 consolidated net profit up ~12%, but EBITDA margin (ex-Turkey) drops to 2.09% from 2.34%.
• Stock heads for worst day since Feb 28; still up ~36% year-to-date despite sharp intraday decline.
• Analysts maintain a “buy” rating on average, with a median price target of 250 rupees per LSEG data.