Redtape Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 3,937.88 million compared to INR 3,055.87 million a year ago. Revenue was INR 3,958.43 million compared to INR 3,074.06 million a year ago.

Net income was INR 467.33 million compared to INR 280.78 million a year ago. Basic earnings per share from continuing operations was INR 3.38 compared to INR 2.03 a year ago. Diluted earnings per share from continuing operations was INR 3.38 compared to INR 2.03 a year ago.