5440582025-01-012025-03-315440582025-03-315440582024-03-315440582024-04-012025-03-315440582025-01-012025-03-31in-capmkt:OtherExpenses1Member5440582024-04-012025-03-31in-capmkt:OtherExpenses1Member5440582025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15440582024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15440582025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544058MUFTINOTLISTEDINE220Q01020CREDO BRANDS MARKETING LIMITEDMain BoardEquity2024-04-012025-03-312025-05-222025-05-17INRMillionsQuarterlyFourth quarterSingle segmentRetailing of men’s casual wear2025-05-2218:15:002025-05-2219:00:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated1532080000287400001560820000375500006228900004412000084630000648400001856400003317500001371420000189400000018940000068070000-1701000051060000013834000000001383400001470000139810000000013062000022.132.13002.132.131 The Consolidated Financial Results of Credo Brands Marketing Limited, the Holding Company Company, and its subsidiary, collectively the Group, for the quarter and year ended March 31, 2025 were reviewed by the Audit Committee and were approved by the Board of Directors in its meeting held on May 22, 2025. The Statutory Auditors have audited the Consolidated Financial Results for the year ended March 31, 2025 and have expressed an unmodified opinion thereon. <BR> <BR> 2 The Consolidated 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. <BR> <BR> 3 The figures for the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year and previous financial year respectively which were subject to limited review by the respective Statutory Auditors. <BR> <BR> 4 The Consolidated Statement of Assets and Liabilities as at March 31, 2025 and Consolidated Statement of Cash flows for the year ended March 31, 2025 are annexed. <BR> <BR> 5 During the quarter under review, the Company has allotted an aggregate of 1,20,000 Equity Shares of Rs. 2.00 each to the eligible employees of the Company upon exercise of Stock Options under the Credo Stock Option Plan 2020 of the Company. <BR> <BR> 6 During the quarter ended December 31, 2023, the Company has completed its Initial Public Offer, IPO of 19,634,960 equity shares of face value of Rs. 2.00 each at an Issue price of Rs. 280 per share Including share premium of Rs. 278 per share, comprising of offer for sale of 19,634,960 equity shares by Selling Shareholders aggregating to Rs. 5,497.79 million. Pursuant to the IPO, the equity shares of the Company were listed on the National Stock Exchange of India Limited NSE and BSE Limited BSE with effect from December 27, 2023. <BR> <BR> Pursuant to Section 28.3 and other applicable provisions of the Companies Act, 2013, all expenses except listing fees incurred in connection with IPO, would be borne by the Selling Shareholders. The Company has set aside Rs. 414.00 million in the separate escrow account from offer for sales proceeds towards offer expense. As on reporting date, a balance of Rs. 23.28 million is lying in the escrow account. <BR> <BR> 7 The Board of Directors has recommended a final dividend of Rs. 3 per share of face value of Rs. 2 each for the financial year 2024 25, subject to the approval of the Shareholders in the ensuing Annual General Meeting. <BR> <BR> 8 Based on the management approach as defined in Ind AS 108 Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance as a single business segment namely retailing of mens casual wear. <BR> 2024-04-012025-03-31AuditedConsolidated61818000006076000062425600001519400002271970000218840000320580000254780000685630000142090000053246400009179200000917920000275110000-4090000023421000006837100000000683710000201000068572000000001306200002397106000010.5310.520010.5310.52Aggregate of Other Expenses331750000Aggregate of Other Expenses142090000074539000070400001590000001250000000000246042000024604200003068600005490000354235000010181600000239121000045230000016200000832300002928360000020333000041498500000076922000001306200003971060000410168000004101680000107400000002393300000240404000038020000000244206000034200007984000017609000025593000038748000064683000045986000022820000189500000114846000035905200007692200000230680000231230000-2702600000-19510000459000000923000003826000004482000006856400000-253700000475900000002700000057600000067400000-9040000099467000019125900000002538100000165878000000000000153000021305000000040000000000000000000170600000-2180000-1970400000026000000000000361190000624150000324800003426000000-1026080000435660000043566000016640000452300000Re-measurement gain or loss on defined benefit liability19700001970000Re-measurement gain or loss on defined benefit liability2690000269000050000068000014700002010000AuditedtrueM S K C & ASSOCIATES LLPtrue2026-09-30