Redtape revises FY25 consolidated results after Rs 24 lakh typo

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REDTAPE · price

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Price reactionminutes from the announcement price · days from the prior close

-1.1%Reaction day

₹137.45

prior close

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announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-0.8% vs market

Footwear peers, median of 10sector-0.2%-0.9% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.9 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Redtape's board approved corrected consolidated results for the quarter and year ended March 31, 2025 after a typographical error had reduced reported profit after tax by Rs 24 lakh. The corrected XBRL results were filed on August 13 and reapproved on October 8. Standalone results were unaffected. Statutory auditors retained an unmodified opinion. FY25 operating revenue was Rs 2,020.01 crore and profit after tax was Rs 170 crore.

Likely market impact

The Rs 24 lakh correction is immaterial and the auditor view is unchanged. Direct impact is limited, though repeated corrections may hurt sentiment.