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Share the post "Redtape ‘s Q3 2024-25 Latest News: Revenue Grows by 8.01% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 8.01 % in the past year, substantial increase in net sales/revenue by 60.1 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 46.63 %. Marginal increase in other income during this quarter, up by 48.81%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Redtape Limited. Notable increase of 23.22 % in net profit Year to Year, Redtape Limited’s profitability increased by 188.43 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 391.74 % Year to Year. EPS increased by 1040.43 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 616.32 Cr | Rs. 415.78 Cr | Rs. 665.66 Cr | + 60.1 % | + 8.01 % |
| Expenses | Rs. 512.51 Cr | Rs. 351.25 Cr | Rs. 535.57 Cr | + 52.48 % | + 4.5 % |
| Operating Profit | Rs. 103.81 Cr | Rs. 64.53 Cr | Rs. 130.09 Cr | + 101.6 % | + 25.32 % |
| OPM % | 16.84 % | 15.52 % | 19.54 % | + 4.02 % | + 2.7 % |
| Other Income | Rs. 3.41 Cr | Rs. 3.36 Cr | Rs. 5 Cr | + 48.81 % | + 46.63 % |
| Interest | Rs. 9.83 Cr | Rs. 11.58 Cr | Rs. 12.69 Cr | + 9.59 % | + 29.09 % |
| Depreciation | Rs. 16.35 Cr | Rs. 20.72 Cr | Rs. 21.97 Cr | + 6.03 % | + 34.37 % |
| Profit before tax | Rs. 81.04 Cr | Rs. 35.59 Cr | Rs. 100.43 Cr | + 182.19 % | + 23.93 % |
| Tax % | 25.83 % | 27.84 % | 26.25 % | -1.59 % | + 0.42 % |
| Net Profit | Rs. 60.11 Cr | Rs. 25.68 Cr | Rs. 74.07 Cr | + 188.43 % | + 23.22 % |
| EPS in Rs | Rs. 1.09 | Rs. 0.47 | Rs. 5.36 | + 1040.43 % | + 391.74 % |
Today, we’re looking at Redtape Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 8.01 %. However, it did see a marginal increase of 60.1 % from the previous quarter. Expenses ticked up slightly by 52.48 % quarter-on-quarter, aligning with the annual rise of 4.5 %. Operating profit, while up 25.32 % compared to last year, faced a quarter-on-quarter increase of 101.6 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.7 %, but an expansion of 4.02 % sequentially. Other income rose by 48.81 % compared to the last quarter, despite an annual growth of 46.63 %. Interest expenses surged remarkably by 9.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.09 %. Depreciation costs climbed by 6.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.37 %. Profit before tax grew annually by 23.93 % but saw an increase from the preceding quarter by 182.19 %.
Tax expenses as a percentage of profits increased slightly by 0.42 % compared to last year, with a more notable quarter-on-quarter decrease of -1.59 %. Net profit rose by 23.22 % year-on-year but experienced a 188.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 391.74 % but a quarterly rise of 1040.43 %. In summary, Redtape Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 616.32 Cr | Rs. 415.78 Cr | Rs. 665.66 Cr | + 60.1 % | + 8.01 % |
| Expenses | Rs. 512.51 Cr | Rs. 351.25 Cr | Rs. 535.57 Cr | + 52.48 % | + 4.5 % |
| Operating Profit | Rs. 103.81 Cr | Rs. 64.53 Cr | Rs. 130.09 Cr | + 101.6 % | + 25.32 % |
| Net Profit | Rs. 60.11 Cr | Rs. 25.68 Cr | Rs. 74.07 Cr | + 188.43 % | + 23.22 % |
| EPS in Rs | Rs. 1.09 | Rs. 0.47 | Rs. 5.36 | + 1040.43 % | + 391.74 % |
In reviewing Redtape Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.01 % year-on-year growth, however, there was a minor increase of 60.1 % from the previous quarter. Expenses rose by 4.5 % compared to the previous year, with a 52.48 % increase quarter-on-quarter. Operating Profit surged by 25.32 % annually, and saw a 101.6 % increase from the last quarter.
Net Profit showed yearly increase of 23.22 %, and experienced a 188.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 391.74 % annually, however rose by 1040.43 % compared to the last quarter. In essence, while Redtape Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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