REDTAPE (REDTAPE) Q2 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for Q2 and H1 ended September 30, 2025, were approved and reviewed by the Board and Audit Committee on November 14, 2025.

• The main business remains retailing/trading of apparel and footwear, with all other activities incidental to this core segment.

Financial highlights

• Consolidated revenue from operations for Q2 FY26 was ₹49,240 lakh, up from ₹41,580 lakh in Q2 FY25; H1 FY26 revenue was ₹95,671 lakh, up from ₹85,769 lakh year-over-year.

• Consolidated net profit for Q2 FY26 was ₹2,754 lakh, compared to ₹2,507 lakh in Q2 FY25; H1 FY26 net profit was ₹6,614 lakh, up from ₹5,571 lakh year-over-year.

• Total comprehensive income for H1 FY26 was ₹6,847 lakh, compared to ₹5,614 lakh in H1 FY25.

• Basic EPS (adjusted for bonus shares) for H1 FY26 was ₹1.20, compared to ₹1.01 in H1 FY25.

• Cash and cash equivalents at September 30, 2025, stood at ₹1,184 lakh (consolidated), up from ₹1,138 lakh at September 30, 2024.

Outlook and guidance

• Management believes there is no material adverse impact from recent tax search operations and no material adjustments are required to the financial results for the period.