Quarterly Result10 Aug 2026, 07:50 pm
RedTape Ltd Reports Highest-Ever Q1 Profit of ₹47 Cr
AI Summary
RedTape Limited announced its unaudited financial results for the first quarter ended June 30, 2026, reporting its highest-ever Q1 profit in absolute terms at ₹47 crore. This achievement was driven by sustained revenue growth, a strong core India retail business, disciplined cost management, and execution-led efficiencies. Revenue stood at ₹480 crore, EBITDA at ₹101 crore, and PAT at ₹47 crore, with EBITDA margin at 20.4%. The company also expanded its portfolio with the acquisition of Sprandi, strengthening its sports footwear offerings. RedTape maintained its focus on profitable growth and consumer value by keeping MRPs unchanged and prioritizing operating discipline.
Key Highlights
- Achieved highest-ever Q1 profit in absolute terms at ₹47 Cr.
- Revenue grew to ₹480 Cr, EBITDA to ₹101 Cr, with EBITDA margin at 20.4%.
- Core India retail business remained healthy with improving demand.
- Acquisition of Sprandi strengthens sports footwear portfolio.
- Focus on profitable growth and maintaining consumer value proposition.
Price Impact
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