RedTape delivered a healthy set of numbers for the September quarter, posting double-digit growth across key financial metrics despite a mild contraction in operating margins.

Net profit rose 10% year-on-year to ₹27.5 crore, compared with ₹25 crore in the same period last year. Revenue grew 18% to ₹492 crore, up from ₹416 crore a year ago, supported by sustained demand momentum across categories.

Operating performance remained robust, with EBITDA rising 13% to ₹73 crore versus ₹64.5 crore in the corresponding quarter. However, EBITDA margin eased to 14.8%, from 15.5% last year, reflecting higher input and operating costs.

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Post the earnings announcement, shares of RedTape traded 1

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