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Incorporated in 1999, Credo Brands Marketing Limited offers casual clothing for men with its flagship brand"Mufti".
Credo Brands (MUFTI) reported Q1 FY27 revenue growth of 5% to ₹125 Cr, with gross profit also up 5% to ₹77 Cr, maintaining a 61.6% margin. However, profit after tax fell 63% to ₹2.3 Cr, and EBITDA dropped 14% to ₹27 Cr. This dip was primarily due to increased investments...
**1. Business Performance:** Mufti navigated a challenging FY26 market, with full-year revenue at ₹592.1 Cr (down 4% YoY) and PAT at ₹47.4 Cr (down 31% YoY). However, Q4 showed stability, with revenue up 6% to ₹162.3 Cr and PAT rising 11% to ₹15.3 Cr, driven by a better product mix...
Credo Brands (MUFTI) faced a challenging Q3 & 9M FY26, with revenue declining 6% and 8% YoY, respectively. Profit after tax saw a steeper drop of 62% and 41% due to softer consumer sentiment, a weaker festive season, and margin pressure from GST reforms on products below ₹2,500. Bottomwear and...
Here's a summary of the financial results and business updates: **1. Financial Highlights:** Q1 FY26 revenue remained flat at ₹119.9 Cr due to soft discretionary spending. Gross Profit rose to ₹73.8 Cr (61.6% margin). However, strategic brand investments led to a 7% EBITDA decline (25.9% margin) and a 36% PAT...
1. Financial Highlights: Credo Brands Marketing Limited posted 9% revenue growth to Rs. 618.2 Cr in FY25, with gross margin steady at 57.2%. EBITDA increased 12% to Rs. 179.8 Cr, pushing margins up to 29.1%. PAT rose 15% to Rs. 68.4 Cr, reflecting strong profitability. Q4 saw revenue up 15%...