Press Release

,..~ REDTAPE LIMITED OZARK REDTAPE Registered Office - REDTAPE - Plot No. 08, Sector 90, Noida, Gautam Buddha Nagar, Uttar Pradesh-201305 India Tel: +91 120 6994444 j +91 120 6994400 CIN: L7410IUP2021PLC156659 Web : www.redtape.com E-mail: info@redtapeindia.com November 04, 2026 BSE Limited ational Stock Exchange of India Limited 1st Floor, New Trading Ring Exchange Plaza, 5th Floor Rotunda Building Plot no. C-1, G Block, Phiroze Jeejcebhoy Towers, Sandra Kurla Complex, Sandra (East), Dalal Street, Mumbai-400001 Mumbai 400 051 Scrip Code: 543957 NSE Symbol: REDTAPE Sub: Press Release-Financial Results for the 2nd Quarter and Half Year ended September 30, 2026 Dear Sir/Ma'am, Please find enclosed herewith Press Release issued by the Company on its Financial Results for the 2nd Quarter and I lalfYear ended September 30, 2026. Submitted for your kind reference and records. Thanking you, Yours faithfully, ForREDTAPE Limited Akhilendra Bahadur Singh Company Secretary & Compliance Officer M.No.: A54305 Encl: as stated above Works : P...r.a.. desh -201301 Tel : .+. 9-1 ·1 20 4263193 Press Release RECJTAPE For Immediate Dissemination RedTape delivers strong profitability in a seasonally soft Q2 ● Gross margin remains consistent; EBITDA grows 8.2% YoY ● RedTape.com sales surge 712% YoY, strengthening digital momentum Noida, India, 04 November 2026: RedTape Limited (BSE: 543957 | NSE: REDTAPE), RedTape Limited, one of India’s leading footwear and fashion brands, announced its financial results for the quarter and half year ended September 30, 2026. The Company delivered strong profitability during a seasonally subdued Q2 FY27, despite reported revenue being impacted by shifts in the festive and promotional calendar during the quarter. Q2 FY27 AT A GLANCE (STANDALONE) REVENUE EBITDA PAT EBITDA MARGIN ₹474 Cr ₹89 Cr ₹ 36 Cr 18.9% -3.5% YoY +8.2% YoY +27.3% YoY +204 bps YoY H1 FY27 AT A GLANCE (STANDALONE) REVENUE EBITDA PAT EBITDA MARGIN ₹955 Cr ₹190 Cr ₹83 Cr 19.9% 0% YoY +12.4% YoY +22.7% YoY +220 bps YoY RETAIL NETWORK — AS OF SEPTEMBER 30, 2026 STORE NETWORK BY FORMAT NETWORK PROFILE Format Stores Cities Geographic Reach: 369 cities | 20 states + 4 UTs Exclusive Mega Showroom (Online) 299 163 Total Retail Area: ~17 lakh sq. ft. Store Model: Franchisee 60.90% | Company 39.10% Exclusive Showroom (Offline) 305 233 Store Type: High Street 96.28% | Malls 3.72% Sports Outlet 3 3 Factory Shop 12 10 Shop in Shop (SIS) 137 63 Total 756 OZb..RK REDTAPIE MODE a0Ni:1 STRi=BT - REOTAPE - Press Release RECJTAPE For Immediate Dissemination QUARTER UPDATES • Big Billion Days shifts from September to October, moving associated sales from Q2 into Q3 and impacting reported revenue for the quarter • Online mix rebounds to ~31% from ~22% in Q1 FY27, returning broadly to normalized levels • RedTape.com sales grow 712% YoY, demonstrating strong traction of the Company's own website • 49 EBOs and 5 shop-in-shops added during the quarter, continuing the expansion of RedTape's physical retail footprint Mr. Arvind Verma, Whole Time Director, RedTape Limited said, “Q2 is seasonally a softer quarter for our business, and this year the performance was also influenced by the shift in the festive and promotional calendar, which moved a part of the sales opportunity into Q3. Despite the softer revenue base, we maintained healthy margins and delivered strong profitability, reflecting the operating leverage in the business and continued discipline across costs and channels. As we enter the second half, we move into a seasonally stronger period for the business, supported by festive and winter demand. At the same time, we continue to strengthen our omnichannel presence, with our digital business gaining momentum and our physical retail network continuing to expand. Our focus remains on strengthening the RedTape brand and driving sustainable, profitable growth across channels.” OUTLOOK Looking ahead, RedTape remains focused on disciplined growth, sharper execution across retail and digital channels, continued operating efficiency and protection of its consumer value proposition. Supported by improving demand trends, a healthy retail network, stronger product and category mix, the Company believes it is well positioned to pursue profitable growth while continuing to strengthen its brand, channel mix and operating model through FY27. OZt\RK REDTAPIE ◄ ► MODE a0Ni:1 STRi=BT - REOTAPE - Press Release RECJTAPE For Immediate Dissemination About REDTAPE Limited REDTAPE Limited (BSE: 543957 | NSE: REDTAPE) is one of India’s leading lifestyle brands, offering a comprehensive range of footwear, apparel, and accessories for men, women, and children. With a legacy of quality, style, and innovation, RedTape has established itself as a trusted name in the Indian fashion and lifestyle industry. The Company operates through a robust multi-brand portfolio, including RedTape, Mode, Bond Street by RedTape, OZARK, catering to diverse consumer preferences across casual, formal, sports, and outdoor segments. Headquartered in Noida, Uttar Pradesh, RedTape Limited leverages an asset-light business model with strategic vendor partnerships to ensure rapid product turnaround, efficient supply chain management, and cost optimisation. With 756 stores across 369 cities in 20 states and 4 union territories, the Company continues to expand its retail footprint and strengthen its market presence across metro and emerging markets. For details visit www.redtape.com For further information contact: Investor Relations Team Kasturi Sharma | Nikita Atri Ernst & Young LLP P: +91 96203 93785 | +91 86003 63914 E: Kasturi.Sharma@in.ey.com | Nikita.Atri@in.ey.com OZt\RK REDTAPIE ◄ ► MODE a0Ni:1 STRi=BT - REOTAPE -