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Incorporated in 1999, Credo Brands Marketing Limited offers casual clothing for men with its flagship brand"Mufti".
Credo Brands (MUFTI) Q1 FY27 revenue rose 5% to ₹125.3 Cr. PAT plunged 63% to ₹2.3 Cr due to increased marketing spend (8.5% of revenue). Company continues MUFTI 2.0 transformation with premiumisation, store rationalization (5 opened, 7 closed), and digital growth initiatives.
Credo Brands (MUFTI) reported FY26 revenue of 592.1 Cr (PAT 47.4 Cr) and Q4 revenue of 162.3 Cr (PAT 15.3 Cr). The company is driving its MUFTI 2.0 transformation with premium stores, retail network optimization, and digital investments amidst a challenging market for long-term growth.
Credo Brands reported Q3/9M FY26 results with revenue down to 146.1 Cr/429.7 Cr and PAT to 7.0 Cr/32.1 Cr YoY, impacted by soft consumer demand. It's pushing premiumization and digital strategy, increasing ad spend for brand equity despite near-term profit pressure.
Credo Brands Marketing (MUFTI) has scheduled its 26th Annual General Meeting (AGM) virtually. Shareholders can access details regarding the final dividend and e-voting for participation and eligibility.
Credo Brands (MUFTI) Q1 revenue hit ₹119.9 Cr (-3% YoY), with PAT at ₹6.3 Cr (-36% YoY) due to soft discretionary spending and strategic investments. Gross margin improved to 61.6%. The company is aggressively pursuing premiumization, adding 20 new premium stores in FY26 and rationalizing underperforming ones. A strong push...