Interim report
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REDTAPE LIMITED C REDTAPE Registered Office Plot No. 08, Sector 90, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201305 India Tel : +91 120 6994444 1 +91 120 6994400 CIN: L74101UP2021PLC156659 Works August 10, 2026 BSE Limited 1st Floor, New Trading Ring Rotunda Building Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai-400 001 Serio Code: 543957 Sub: Outcome of Board Meeting Dear Sir/Ma'am , Web~ www.redtape.com E-mail : info@redtapeindia.com National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot no. C-1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 NSE Svmbol: REDTAPE In continuation to our letter dated August 03, 2026, and pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), we would like to inform you that the Board of Directors of the Company has, at its meeting held today, i.e. August 10, 2026, inter-alia, considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the 1st Quarter ended on June 30, 2026. The said Financial Results were duly reviewed and recommended by the Audit Committee in its meeting held today, i.e. August 10, 2026 The above disclosure is being made available on the website of the Company at https://about,redtape ,com/financial-results.php The Unaudited Financial Results (Standalone and Consolidated) for 1st Quarter ended on June 30, 2026, along with limited review report of Auditors, with unmodified opinion, are attached herewith. The results will be published in the newspapers in terms of Regulation 47 of the SEBI (LODR) Regulations, 2015 in due course and will also be placed on the website of the Company. The meeting of the Board of Directors commenced atl1'So f'/:1. and concluded at~ This is for your kind information and record please. Thanking you, Yours faithfully, For REDTAPE Limited Akhilendra Bahadur Singh Company Secretary & Compliance Officer Encl: a/a • C-4, 5, 36, 37, Sector - 59, Nolda, Gautam Buddha Nagar, Uttar Pradesh - 201301 Tel: +91 120 4263193 • Bulk Land, UPSIDC Industrial Area. Site-II. NH-27. Dlstt. Unnao. Uttar PrAdAiih - ?OQA01 T,-1 , .Q1 n111 7n114 -
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Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors REDTAPE Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of M/s REDTAPE Limited (the “Company”) for the quarter ended 30th June, 2026 (the “Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data. A review is substantially less in scope than an audit conducted in accordance with Standard on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
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5. Emphasis of Matter We draw attention to Note 5 to the accompanying Statement, describing the Search operations carried out by the Income tax authorities at certain premises of the Company, residences of some Directors and also residences of some employees in September 2025. Pending completion of the search proceedings, the consequent impact on the standalone financial results for the quarter ended 30th June, 2026, if any, is currently not ascertainable. Our conclusion is not modified in respect of this matter. For Ashwani & Associates Chartered Accountants Firm Registration No.: 000497N by the hand of Aditya Kumar Partner M. No.: 506955 Place: Noida UDIN: 26506955GKZWUK8782 Dated: 10.08.2026 ADITYA KUMAR Digitally signed by ADITYA KUMAR Date: 2026.08.10 13:32:58 +05'30'
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Independent Auditor’s Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors REDTAPE Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of M/s REDTAPE Limited (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the quarter ended 30th June, 2026 (the “Statement”) attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. The Parent’s management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Parent’s Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes unaudited financial results of the following entities:
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Subsidiary Companies i. Redtape Bangla Limited (Formerly known as Mirza Bangla Limited) ii. Redtape HK Limited iii. Redtape London Limited (Step down subsidiary – Wholly Owned Subsidiary of Redtape HK Limited) iv. Redtape (Quanzhou) Sports Goods Co. Limited (Step down subsidiary – Wholly Owned Subsidiary of Redtape HK Limited) 5. Based on our review conducted and procedures performed as stated in paragraph 3 and based on the consideration referred in the paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Emphasis of Matter We draw attention to Note 5 to the accompanying Statement, describing the Search operations carried out by the Income tax authorities at certain premises of the Company, residences of some Directors and also residences of some employees in September 2025. Pending completion of the search proceedings, the consequent impact on the consolidated financial results for the quarter ended 30th June, 2026, if any, is currently not ascertainable. Our conclusion is not modified in respect of this matter. 7. Other Matters (i) The Statement, includes the interim financial results and other financial information of subsidiaries, which have not been reviewed by their auditors, whose interim financial information reflect total revenues from operations of Rs. 94 Lakhs for the quarter ended 30th June, 2026, total net profit /(loss) after tax of Rs. (244) Lakhs for the quarter ended 30th June, 2026 and total comprehensive income of Rs. (250) Lakhs for the quarter ended 30th June, 2026 as considered in the Statement. According to the information and explanations given to us by the management, these interim financial results and other financial information which are approved and certified by the management are not material to the Group. (ii) The subsidiaries are located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been provided by
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the management of subsidiaries under generally accepted auditing standards applicable in their respective countries. The Company’s management has converted the unaudited interim financial results and other financial information of such subsidiaries located outside India from accounting principles generally accepted in their country to accounting principles generally accepted in India and is based on the management certified unaudited financial results and other financial information. The conversion adjustments are prepared by the management of the Company and verified by us. Our conclusion on the Statement is not modified in respect of this matter. For Ashwani & Associates Chartered Accountants Firm Registration No.: 000497N by the hand of Aditya Kumar Partner M. No.: 506955 Place: Noida UDIN: 26506955MCEAGW9432 Dated: 10.08.2026 ADITYA KUMAR Digitally signed by ADITYA KUMAR Date: 2026.08.10 13:36:18 +05'30'
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Sr. No. I II Ill IV V VI VII VIII IX X XI XII XIII XIV NOTES: 2 3 1',~1.11~1 l!J 1..Jl 1UI 11!.IU Regd. Office: Plot No. 08, Sector -90, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201305 CIN - L74101UP2021PLCl56659 Website : www.redtapeindia.com E-mail: compliance @redtapeindia.com STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON JUNE 30, 2026 Standalone (Rupees in Lakh s except Earning 11er shared : Consolidated Quarter Ended Year Ended Quarter Ended Year Em Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 30.06.2026 31.03.2026 30.06.2025 31.03.20 <Un-audited) <Refer Nole No. 4\ (Lin-audited\ (Audited\ (Lin-audited\ /Refer Nole No. 4\ /Lin-audited\ /Audile< Revenue from Operations 48034 674 16 46306 24 145 1 4 8128 6755 1 46431 24l87i Other Income 1521 2252 4297 13304 1514 2232 4308 13284 Total Income (l+lll 49555 69668 50603 254755 49642 69783 50739 255161 Ex11enses: a Cost of material consumed 1422 11 11 1400 5 172 1422 1111 1400 5172 b Purchase of Stock-in-Trad e 24980 32908 23061 126056 24980 33059 23110 l 2634~ c Change in inventories of finished goods, work-in-pro gress and ( 11 98) 4150 821 6135 (984) 4136 862 6203 Stock-i n-Trad e d Emolo vee Benefit Exoenses 3 175 306 1 2942 12335 32 12 3094 2975 12454 e Finance Costs 145 1 1492 1638 6804 1454 1497 1639 6814 f Deoreciation and amortization exoenses 2364 2240 2098 8756 2373 2245 2 108 8792 !/ Other Exoenses 11 077 14954 1370 1 56730 11145 15007 13774 56960 Total Ex11enses (IV\ 43271 59916 45661 221988 43602 60149 45868 222744 Profit I (loss) before exce11tional items and lax 1111-IV\ 6284 9752 4942 32767 6040 9634 4871 32417 Exceotiona l Items Profit / (loss\ before lax fV-VI\ 6284 9752 4942 32767 6040 9634 4871 32417 Tax Exoenses I) Current Tax 1582 2687 1234 8507 1582 2696 1234 85 16 2)Earlier Years Tax - - - (117) - 2 - ( 115) 3) Deferred Tax 10 (52) (223) 139) 10 (52) (223) (39) Profit for the oeriod (VII-VIII\ 4692 7117 3931 24416 4448 6988 3860 24055 Other comorehensive income a Items that will not be reclassified to nrofit or loss Remeasurement gain /(loss) of defined benefit obligation (net of 9 14 (3) taxesl 38 9 14 (3) 38 b Items that will be reclassified to nrofit or loss (i} Net movement in effective portion of cash flow hedge reserve (534) 756 (96) 575 (534) 756 (96) 575 lrnet ofiaxes) (ii) Exchange diffen:nces on translatmg the financia l statements of a - - - - (6) (25) I (32) foreie.n ooeration Total Comnrehensive Income for the neriod IIX+X\ 4167 7887 3832 25029 3917 7733 3762 24636 Paid-un Eauity Share Ca•1ital IFace Value of Rs. 2 each) 11056 11 056 11 056 11056 11 056 11 056 11056 11056 Other Eouitv excludinv Revaluation Reserve 91402 91082 Earninv Per Share (EPS) ( i) Basic 0.85* 1.29* 0.7 1 * 4.42 0.80* 1.26* 0.70* 4.35 ( ii) Dilu ted 0.85* 1.29• 0.71 • 4.42 0.80* 1.26* 0.70* 4.3S I *Not Annualised The above Standalone and Consolidated Ind AS Financial Results have been reviewed by Audit Commiuee and subsequently approved by the Board of Director s at their meeting held on I 0th August 2026. These financia l results are prepared in accordance with the Indian Accounting Standards ("Ind-AS") prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and otl accounting principles generally accepted in India and are in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements} Regulations, 20 15. The main busi ness of the Company is retail ing/ tradin g of merchandise which primari ly consist of footwear, garments and accessories. A ll other operating activities of the Company are incidental lo its main busine Accordingly, the Company has only one identifiable segment reportable under Ind AS I 08 ·'Operating Segment". The chief operational decision maker monitors the operating results of the entity's business for t purpose of making decisions about resource allocat ion and performance assessment.
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4 5 6 The figures for the quarter ended 31st March 2026, as reported m the standalone and consolidated financial results, are the balancing figures between the audited figures for the year ended 31st March 2026 a publ ished year to date figures for 31st December 2025, which were subjected to limited review by the statutory auditors. The Income-Tax authorities (the departmelll) had conducted search u/s 132 of the Income Tax Act, 1961 during the month of September 2025 at some of the premises, plant, residences of some of the Directo also residences of few of the employees of the Company. The Company extended full cooperatio n to the Income tax officials during the search and provided required details, clarifi cations, and documents. As date of issuance of these financia l results, the Company has not received any wrillen communication from the department regarding the outcome of the search, therefore, the consequent impact on the financial res1 any, is not ascertainable. The Management, after considering all available records and facts known to it, is of the view that there is no matt:rial adverse impact on the financial position of the company and no m: adjustments are required to these linancial results for the quarter ended 30th June 2026 in thi s regard. Figures for the previous period /year have been regrouped/rearranged wherever necessary to make them comparable with current period figures. Date: - 10/08/2026 Place: - Noida FOR & ON BEi IALF OF B~F jwu: CTORS c= ~ __..,,.,.:;> SIIUJA M IRZA _..-- MANAGING DIR ECTOR DIN: 01453110