Credo Brands Marketing Announces Unaudited Financial Results for Quarter Ending June 30, 2026
Credo Brands Marketing Limited (fka Credo Brands Marketing Private Limited) announced the approval of its Un-audited Standalone Financial Results for the quarter ending June 30, 2026. The Board of Directors held a meeting on August 11, 2026, to approve these results, which were reviewed by the Audit Committee.The company's performance metrics and financial position are detailed in the unaudited statement, alongside an Independent Auditor's Review Report.
Financial Performance Overview
The Un-audited Statement of Financial Results provides a comparative view across various quarters and years. For the quarter ending June 30, 2026, key figures include:- Revenue from operations: 1,252.69 million
- Total Income: 1,127.36 million
- Net profit after tax: 22.85 million
The financial data for Credo Brands Marketing Limited is presented in the table below (all amounts in millions):
| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Refer Note 3) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| a) Revenue from operations | 1,252.69 | 1,623.04 | 1,199.39 | 5,921.03 |
| b) Other Income | 20.95 | 42.19 | 16.15 | 108.50 |
| Total Income | 1,127.36 | 1,166.52 | 1,215.54 | 6,102.95 |
| Expenses | ||||
| (a) Cost of materials consumed | 51.70 | 25.48 | 48.06 | 135.00 |
| (b) Purchases of stock-in-trade | 618.67 | 624.83 | 566.41 | 2,414.14 |
| (c) Changes In inventories of stock-in-trade | (189.50) | 18.14 | (153.12) | (83.08) |
| (d) Employee benefits expense | 94.29 | 90.99 | 83.87 | 354.22 |
| (e) Finance costs | 62.94 | 63.42 | 61.98 | 254.73 |
| (f) Depreciation and amortization expense | 192.36 | 187.82 | 182.27 | 743.70 |
| (g) Other expenses | 411.75 | 448.48 | 343.72 | 1,558.85 |
| Total expenses | 1,124.22 | 1,145.92 | 1,113.32 | 5,137.76 |
| Profit before tax | 31.43 | 206.07 | 82.35 | 651.97 |
| Net profit after tax | 22.85 | 152.30 | 63.03 | 474.24 |
Corporate Updates and Financial Notes
During the review period, the company allotted an aggregate of 24,000 Equity Shares at a face value of 2/- each to eligible employees under the Credo Stock Option Plan 2020.A note highlighted that during the financial year ended March 31, 2026, the recognition of past service cost amounting to 13.97 million was recorded as an 'Exceptional Item'. This expense arose due to the notification of the New Labour Codes by the Central Government of India, which requires gratuity to be calculated based on wages constituting at least 50% of total remuneration.
The financial results for the quarter ended June 30, 2026 were prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting) and relevant terms of SEBI regulations.
MUFTI Stock Price Movement
Credo Brands Marketing Limited shed 4.35% of its value in a post-market session today, closing at ₹83.26. The equity saw significant trading volume, with 326,707 shares transacted throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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