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

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.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	441.89	394.70	12
OPM %	15.51	20.65	-
PBDT	60.47	76.57	-21
PBT	41.55	64.17	-35
NP	30.64	46.73	-34