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Redtape consolidated net profit declines 34.43% in the June 2024 quarter

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Sales rise 11.96% to Rs 441.89 crore

Net profit of Redtape declined 34.43% to Rs 30.64 crore in the quarter ended June 2024 as against Rs 46.73 crore during the previous quarter ended June 2023. Sales rose 11.96% to Rs 441.89 crore in the quarter ended June 2024 as against Rs 394.70 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var.Sales441.89394.70 12 OPM %15.5120.65 -PBDT60.4776.57 -21 PBT41.5564.17 -35 NP30.6446.73 -34

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First Published: Aug 14 2024 | 4:15 PM IST

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