RedTape Limited has reported its financial results for the quarter ending December 31, 2024. The company recorded a strong performance, with revenue from operations and net profit showing significant growth compared to the previous year.
In Q3 FY25, RedTape posted a consolidated revenue from operations of ₹664.57 crore, compared to ₹617.57 crore in Q3 FY24, reflecting a 7.6% YoY growth. Other income stood at ₹5.01 crore, bringing the total income to ₹669.58 crore.
The company reported a net profit of ₹73.07 crore for the quarter, marking a 19.8% YoY increase from ₹60.82 crore in the same quarter last year. Profit before tax (PBT) stood at ₹98.97 crore, compared to ₹82 crore in Q3 FY24.
Key Financial Highlights (Q3 FY25 vs Q3 FY24):
- Revenue from operations: ₹664.57 crore vs ₹617.57 crore (7.6% YoY increase)
- Total income: ₹669.58 crore vs ₹621.21 crore
- Net profit: ₹73.07 crore vs ₹60.82 crore (19.8% YoY increase)
- Profit before tax (PBT): ₹98.97 crore vs ₹82 crore
The company continues to strengthen its market position, with steady revenue growth and improved profitability.
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