RedTape has reported a strong set of numbers for the third quarter, with healthy growth across revenue, profitability and margins on a year-on-year basis. The company’s earnings performance reflects steady demand momentum and operational efficiency during the quarter.
Net profit rose 43.2% year-on-year to ₹104.5 crore, compared with ₹73 crore in the corresponding quarter last year. The sharp increase in bottom-line growth indicates improved cost management and better operating leverage.
Revenue for the quarter climbed 19% to ₹786.5 crore from ₹661 crore in the year-ago period. The rise in topline was supported by sustained traction across product categories and stable consumer demand.
Operating performance also strengthened during the quarter. EBITDA increased 36% to ₹170.6 crore, compared with ₹125.5 crore in the same period last year. The EBITDA margin expanded to 21.7% from 19% a year earlier, reflecting improved profitability and better cost efficiencies.
