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Redtape jumps after Q3 PAT climbs 43% YoY

12-Feb-26 15:15 Hrs IST

On a consolidated basis, net profit stood at Rs 104.53 crore in Q3 FY26, up 43.05% YoY from Rs 73.07 crore in Q3 FY25. On a sequential basis, profit surged 279.56% from Rs 27.54 crore in Q2 FY26.

Net sales increased 18.98% YoY to Rs 786.55 crore, compared with Rs 661.05 crore in the year-ago quarter. Sequentially, revenue jumped 59.74% from Rs 492.40 crore in Q2 FY26.

Profit before tax rose 38.78% YoY to Rs 137.35 crore from Rs 98.97 crore in Q3 FY25. On a quarter-on-quarter basis, PBT more than tripled, rising 228.82% from Rs 41.77 crore in Q2 FY26.

Total expenditure increased 15.07% YoY to Rs 656.58 crore, while rising 42.68% sequentially. Raw material cost declined 14.33% YoY to Rs 12.43 crore, while employee benefit expenses rose 4.51% YoY to Rs 33.83 crore.

Redtape manufactures and markets sports and athleisure footwear along with a wide range of garments and accessories, catering to consumers across economy, mid and premium price segments. The company serves diverse age groups and occasions, positioning itself as a one-stop fashion retailer with offerings spanning both casual and formal footwear. Its products are distributed through multiple channels, including e-commerce platforms, the company's own website and exclusive brand outlets across Tier 1, Tier 2 and Tier 3 cities in India.

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Sr No	Start Date	Department	Tender Details	Status
1	31-01-2026	IT & IT Back Office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors NEW	Open
			Schedule of Pre-Bid Meeting - RFP No. IFIN/IAAP/2025-26/002
2	28-01-2026	IT	RFP for Procurement of Sophos Firewall NEW
			A. General Information
			B. Technical BID
			C. Financial BID
3	01-01-2026	IA	RFP for Appointment of Internal Auditors for Period April 2026 – March 2027	Open
4	01-01-2026	IA	RFP for Appointment of Concurrent Internal Auditors for Period April 2026 – March 2027	Open
5	27-11-2025	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors	Cancelled
	27-01-2026	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors	Cancelled
			A. Schedule of Pre-Bid Meeting - RFP No. IFIN/IAAP/2025-26/001
			B. Technical BID Meeting Link
6	30-10-2025		RFP for Vehicle Hiring
			A. General Information
			B. Technical BID Meeting Link
			C. Financial BID Meeting Link
7	02-09-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
8	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
9	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
10	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
11	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
12	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Pre Bid Meeting Link
			E. Technical BID Meeting Link
			F. Financial Bid Opening
13	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
14	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
15	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
			A. News Paper Article
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Pre Bid Meeting Link
			F. Technical BID Meeting Link
			G. Financial BID Meeting Link
16	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
17	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
18	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
19	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
20	28-10-2024	IT	RFP for Procurement of Firewall	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
21	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
22	07-07-2023	CS	RFP for Secretarial Audit
23	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
24	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
25	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
26	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
27	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
28	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
29	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
30	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
31	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
32	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
33	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
34	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
35	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed