Footwear company Redtape announced Q1FY27 results Consolidated Financial Highlights: Total Income for Q1FY27 stood at Rs 49,642 lakh, representing a decrease of 28.86% QoQ from Rs 69,783 lakh in Q4FY26 and a decrease of 2.16% YoY from Rs 50,739 lakh in Q1FY26. Revenue from Operations for Q1FY27 was Rs 48,128 lakh, down 28.75% QoQ from Rs 67,551 lakh in Q4FY26, but up 3.65% YoY from Rs 46,431 lakh in Q1FY26. Profit before exceptional items and tax for Q1FY27 stood at Rs 6,040 lakh, reflecting a 37.31% QoQ decline from Rs 9,634 lakh in Q4FY26, while showing a 23.99% YoY increase from Rs 4,871 lakh in Q1FY26. Net Profit for Q1FY27 was Rs 4,448 lakh, recording a decrease of 36.35% QoQ compared to Rs 6,988 lakh in Q4FY26 and a 15.11% YoY increase from Rs 3,860 lakh in Q1FY26. Total Comprehensive Income for Q1FY27 stood at Rs 3,917 lakh, compared to Rs 7,733 lakh in Q4FY26 and Rs 3,762 lakh in Q1FY26. Earnings Per Share (EPS) for Q1FY27 was Rs 0.80, compared to Rs 1.26 in Q4FY26 and Rs 0.70 in Q1FY26. Standalone Financial Highlights: Total Income for Q1FY27 was Rs 49,555 lakh, showing a decrease of 28.87% QoQ from Rs 69,668 lakh in Q4FY26 and a 2.07% YoY decrease from Rs 50,603 lakh in Q1FY26. Revenue from Operations for Q1FY27 stood at Rs 48,034 lakh, representing a 28.75% QoQ decline from Rs 67,416 lakh in Q4FY26 and a 3.73% YoY growth from Rs 46,306 lakh in Q1FY26. Profit before exceptional items and tax in Q1FY27 was Rs 6,284 lakh, down 35.56% QoQ from Rs 9,752 lakh in Q4FY26, but up 27.16% YoY from Rs 4,942 lakh in Q1FY26. Net Profit for Q1FY27 reached Rs 4,692 lakh, a decrease of 34.07% QoQ from Rs 7,117 lakh in Q4FY26 and an increase of 19.36% YoY from Rs 3,931 lakh in Q1FY26. Total Comprehensive Income for Q1FY27 stood at Rs 4,167 lakh, as against Rs 7,887 lakh in Q4FY26 and Rs 3,832 lakh in Q1FY26. Earnings Per Share (EPS) for Q1FY27 was Rs 0.85, compared to Rs 1.29 in Q4FY26 and Rs 0.71 in Q1FY26. Business Highlights: Subsidiary Contribution: The consolidated results include the financial information of Redtape Bangla Limited, Redtape HK Limited, Redtape London Limited, and Redtape (Quanzhou) Sports Goods Co. Limited. These subsidiaries contributed total revenues from operations of Rs 94 lakh and a total comprehensive income loss of Rs (250) lakh for Q1FY27. Search Operations: The company provided an update regarding the search operations conducted by Income Tax authorities in September 2025 at certain premises and residences of Directors and employees. Result PDF