Redtape's Q2 FY 2025-26 Quarterly Results

Result Summary

• Redtape Ltd reported a 6.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 19.7%.
• Its expenses for the quarter were up by 8.3% QoQ and 19.8% YoY.
• The net profit decreased 28.7% QoQ and increased 9.9% YoY.
• The earnings per share (EPS) of Redtape Ltd stood at 0.5 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Redtape Ltd is a company operating in the fashion and footwear industry, primarily known for its wide range of shoes and apparel. The company has established a strong presence in the domestic market and is recognized for its quality products and innovative designs. Redtape Ltd focuses on catering to the fashion-conscious demographic, offering a variety of products that combine style with comfort. As of the current period, there are no specific recent major developments publicly available about the company, indicating a stable business environment with a focus on continuing its existing operations.

Revenue

In the second quarter of fiscal year 2026, Redtape Ltd recorded a total income of ₹501.94 crores. This represents a quarter-over-quarter (QoQ) increase of 6.0% from ₹473.47 crores in the first quarter of fiscal year 2026. The year-over-year (YoY) growth was 19.7%, compared to ₹419.16 crores in the second quarter of fiscal year 2025. The steady increase in revenue highlights the company's ability to enhance its sales performance over both the short and long term. The increase in total income over these periods signifies an upward trajectory in the company's revenue generation.

Profitability

During the same quarter, the company reported a profit before tax of ₹41.77 crores, down 14.2% from ₹48.71 crores in the previous quarter. However, this marks a 19.6% increase from ₹34.92 crores in the second quarter of fiscal year 2025. The tax expenses for the quarter were ₹14.23 crores, showing a significant QoQ increase of 40.8% and a YoY increase of 44.5%. Consequently, the profit after tax for Q2FY26 was ₹27.54 crores, reflecting a decrease of 28.7% from the previous quarter's ₹38.60 crores but a modest growth of 9.9% compared to the same period last year. Earnings per share followed a similar pattern, decreasing to ₹0.50 from ₹0.70 in the previous quarter and ₹1.81 in the same quarter of the previous year.

Operating Metrics

The total expenses for Redtape Ltd in the second quarter of FY26 amounted to ₹460.17 crores, which is an 8.3% increase from the first quarter's ₹424.76 crores and a 19.8% increase from ₹384.24 crores in Q2FY25. This rise in expenses is consistent with the company's revenue growth, reflecting potential investments in operations, marketing, or product development. The company's financial performance shows contrasting trends in profitability and operating expenses, with a notable increase in tax expenses impacting the overall net profit and earnings per share. These metrics provide insights into the company's operational efficiency and cost management strategies.