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Redtape Ltd consolidated sales down 28.75% on year in Q2FY2026, net profit plunged by 36.35%
10-Aug-2026, 04:44
Redtape Ltd share price gained 1.97% to Rs 139.45. The Company's net profit tanked by 36.35% to Rs 44.48 crore, while revenue from operations nosedived 28.75% to Rs 481.28 crore in Q2FY26 over Q1FY26. The market capitalization of Footwear industry group stocks on BSE stood at Rs 60520.05 crore, retreating 12.15%. It has softened by 1.09% over last one week and ticked higher by 3.24% in last one month while the market capitalization of Redtape Ltd has improved by 6.53% and 3.30% in the same period respectively. Profit before tax (PBT) of Redtape Ltd stood at Rs 60.4 crore in Q2 FY26, surging by 24.00% year-on-year, and nosediving by 37.31% quarter-on-quarter. EBITDA came in at Rs 68 crore, rising 0.78% YoY and crashing by 23.26% sequentially. Total expenses slumped by 28.14% to Rs 421.48 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 14.22 crore, soaring by 27.99% YoY, while employee benefits expense was at Rs 32.12 crore, ticking higher by 3.81% YoY. For the TTM ended FY26, revenue from operations advanced 19.69% to Rs 2418.77 crore, while net profit saw a strong growth of 41.50% to Rs 240.55 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 6880% to Rs 214.55 crore, and PBT jumped 39.18% to Rs 324.17 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 174.01 crore in FY26, as against Rs 4.3 crore in FY25. Redtape Ltd rallied 12.46% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.
Redtape Ltd share price gained 1.97% to Rs 139.45. The Company's net profit tanked by 36.35% to Rs 44.48 crore, while revenue from operations nosedived 28.75% to Rs 481.28 crore in Q2FY26 over Q1FY26. The market capitalization of Footwear industry group stocks on BSE stood at Rs 60520.05 crore, retreating 12.15%. It has softened by 1.09% over last one week and ticked higher by 3.24% in last one month while the market capitalization of Redtape Ltd has improved by 6.53% and 3.30% in the same period respectively. Profit before tax (PBT) of Redtape Ltd stood at Rs 60.4 crore in Q2 FY26, surging by 24.00% year-on-year, and nosediving by 37.31% quarter-on-quarter. EBITDA came in at Rs 68 crore, rising 0.78% YoY and crashing by 23.26% sequentially. Total expenses slumped by 28.14% to Rs 421.48 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 14.22 crore, soaring by 27.99% YoY, while employee benefits expense was at Rs 32.12 crore, ticking higher by 3.81% YoY. For the TTM ended FY26, revenue from operations advanced 19.69% to Rs 2418.77 crore, while net profit saw a strong growth of 41.50% to Rs 240.55 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 6880% to Rs 214.55 crore, and PBT jumped 39.18% to Rs 324.17 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 174.01 crore in FY26, as against Rs 4.3 crore in FY25. Redtape Ltd rallied 12.46% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.