Integrated Filing — IndAS



General information about company

Scrip Code 544058
NSE Symbol MUFTI
MSEI Symbol NOTLISTED
ISIN INE220Q01020
Name of company CREDO BRANDS MARKETING LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 11-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Retailing of men’s casual wear
Start date and time of board meeting 11-08-2026   16:45:00
End date and time of board meeting 11-08-2026   18:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 12,526.90 12,526.90
Other income 209.50 209.50
Total income 12,736.40 12,736.40
2 Expenses
(a) Cost of materials consumed 517.00 517.00
(b) Purchases of stock-in-trade 6,186.70 6,186.70
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,895.00) (1,895.00)
(d) Employee benefit expense 942.90 942.90
(e) Finance costs 629.40 629.40
(f) Depreciation, depletion and amortisation expense 1,923.60 1,923.60
(f) Other Expenses
1 Aggregate 4,117.50 4,117.50
Total other expenses 4,117.50 4,117.50
Total expenses 12,422.10 12,422.10
3 Total profit before exceptional items and tax 314.30 314.30
4 Exceptional items 0.00 0.00
5 Total profit before tax 314.30 314.30
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 85.80 85.80
9 Total tax expenses 85.80 85.80
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 228.50 228.50
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 228.50 228.50
17 Other comprehensive income net of taxes 1.80 1.80
18 Total Comprehensive Income for the period 230.30 230.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,307.90 1,307.90
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.35 0.35
Diluted earnings (loss) per share from continuing operations 0.35 0.35
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.35 0.35
Diluted earnings (loss) per share from continuing and discontinued operations 0.35 0.35
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1 The Financial Results for the quarter ended June 30, 2026 were reviewed by the Audit Committee and were approved by the Board of Directors in its meeting held on August 11, 2026. The Statutory Auditors have conducted limited review on these Financial Results. 2 The Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and the terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3 The figures for the quarter ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financial year and the limited reviewed year to date figures upto the quarter ended December 31, 2025. 4 During the quarter under review, the Company has allotted an aggregate of 24,000 Equity Shares of Rs. 2 each to the eligible employees of the Company upon exercise of Stock Options under the Credo Stock Option Plan 2020 of the Company. 5 During the year ended March 31, 2026, the Central Government of India has notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the New Labour Codes, effective from November 21, 2025 primarily impacting the wage definition to be considered for the purpose of defined benefit obligation relating to gratuity. The new Labour Codes introduced by the Government of India, interalia, requires gratuity to be calculated based on wages constituting at least 50 percent of total remuneration. This has resulted in an increase in gratuity benefits in respect of services rendered in prior periods, and accordingly, the Company has recognised past service cost amounting to Rs. 13.97 millions during the previous financial year, which has been presented as Exceptional Item. In accordance with Ind AS 19, the past service cost has been recognised in the statement of profit and loss in the previous year in which the plan amendment became effective. 6 Based on the management approach as defined in Ind AS 108-Operating Segments, the Chief Operating Decision Maker evaluates the Company s performance as a single business segment namely retailing of men s casual wear. 7 During the period under review, the Company does not have any subsidiary, associate and joint venture company. 8 These financial results are available on the website of the Company viz. www.credobrands.in and on the website of BSE Limited (BSE) (www.bseindia.com) and National Stock Exchange of India Limited (NSE) (www.nseindia.com). For Credo Brands Marketing Limited Kamal Khushlani Chairman and Managing Director DIN: 00638929 Place: Mumbai Date: August 11, 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain/(loss) on defined benefit liability 2.40 2.40
Total Amount of items that will not be reclassified to profit and loss 2.40
2 Income tax relating to items that will not be reclassified to profit or loss 0.60 0.60
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 1.80 1.80





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M S K C & ASSOCIATES LLP Yes 30-09-2026