After Form submission user/visitor will be redirected to the same page or any custom url. On record/data edit, Redirection will not work.
In redirection form value can be passed by adding parameters with URL.
Redirect URL with form value can be used like this:
website_url?Key_1=bit_form_field_api_name_1&Key_2=bit_form_field_api_name_2
**Key_1 and Key_2 = The field api name where you want to use/put the field value from the current form.