Redtape Limited (REDTAPE) Q2 FY27 Financial Results: PAT ₹47 & Revenue ₹480 Cr(2 announcements)

Redtape Limited reported its highest-ever Q1 FY27 profit in absolute terms, driven by strong revenue growth and disciplined cost management, with EBITDA margin expanding 323 basis points YoY to 20.4%. The company maintained MRPs unchanged while improving ASPs through product mix, and expanded its retail network to 702 stores across 330 cities. Core India retail remained healthy, and the Sprandi acquisition strengthened its sports and athleisure portfolio. The standalone revenue reached ₹480 crores, EBITDA ₹101 crores, and PAT ₹47 crores, reflecting YoY growth of 3.7%, 16.4%, and 19.4% respectively.

Redtape Limited reported Q1 FY27 revenue of ₹480 Cr, up 3.7% YoY, with PAT at ₹47 Cr and EBITDA margin at 20.4%. PAT margin improved to 9.5% from 7.8% in Q1 FY26, driven by gross margin expansion of 213 bps to 47.5%. The company highlighted disciplined growth, margin protection, and strong retail performance despite uneven demand. It emphasized conservative capital structure and promoter alignment with ~72% holding. The investor presentation, uploaded on August 10, 2026, outlines future brand expansion, including Sprandi launch in September 2026, and reaffirms focus on profitable growth across retail and e-commerce channels.