Quarterly Result26 May 2026, 05:22 pm
RedTape FY26: Revenue ₹2,415 Cr, PAT ₹244 Cr
AI Summary
RedTape Limited announced its FY26 financial results, reporting revenue of ₹2,415 crores and a Profit After Tax (PAT) of ₹244 crores. The company experienced margin expansion year-on-year and maintained market leadership, driven by wedding season demand, summer collection launches, and GST reduction benefits. RedTape plans to continue its growth trajectory in FY27 through retail expansion, category diversification, and e-commerce growth, targeting 200-250 new stores annually.
Key Highlights
- RedTape's FY26 revenue reached ₹2,415 crores with a PAT of ₹244 crores.
- EBITDA margin expanded by 151 bps YoY to 19.0%.
- The company plans to open 200-250 new stores annually, focusing on Tier-2 and Tier-3 cities.
- RedTape is expanding into new categories like eyewear and hard luggage.
- BIS accreditation secured across all footwear import territories.
Price Impact
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