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CREDO BRANDS MARKETING LIMITED (fka Credo Brands Marketing Private Limited) Plot No. B-8, MIDC Central Road, Maro! MIDC, MU FTI Andheri (E), Mumbai -400093. INDIA Tel. No.: +91226141 7200 Email: helpdesk@mufti.in Website: Corporate: www.credobrands.in MUMBAI Ecommerce: www.muftijeans.in CIN: L 18101MH1999PLC119669 ------------------------------------------------------------------------------------------------------------------ November 04, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai – 400 001 Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: 544058 Scrip Symbol: MUFTI Dear Sir / Madam, Sub.: Outcome of the Board Meeting Pursuant to Regulations 30 and 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), this is to inform that the Board of Directors of the Company at its meeting held on November 04, 2026, has inter-alia approved the Un-audited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee at its meeting held today. We enclose herewith the Un-audited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026, along with Independent Auditor's Review Report thereon. The meeting of the Board of Directors of the Company commenced at 4:45 p.m. and concluded at 5:30 p.m. This intimation is also being uploaded on the Company’s website at www.credobrands.in. This is for your information and records. Yours faithfully, For Credo Brands Marketing Limited Sanjay Kumar Mutha Company Secretary and Compliance Officer Encl. As above (I @) Mufti Jeans Cl @MuftiJeans @muftijeans MSKC & Associates LLP 602, Floor 6, Raheja Titanium Western Express Highway, Geetanjali Railway Colony Ram Nagar, Goregaon (E) Mumbai 400063, !NOIA Chartered Accountants Independent Auditor's Review Report on unaudited financial results of Credo Brands Marketing Limited for the quarter ended and year to date pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Credo Brands Marketing Limited 1. We have reviewed the accompanying statement of unaudited financial results of Credo Brands Marketing Limited (hereinafter referred to as 'the Company') for the quarter ended September 30, 2026 and the year to-date results for the period from April 01, 2026 to September 30, 2026 ('the Statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with relevant rules issued thereunder ( 'Ind AS 34') and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For M S K C & Associates LLP Chartered Accountants ICAI Firm Registration Number: 001595S/S000168 Ojas D. Joshi Membership No.: 109752 UDIN: 26109752KJJUTE5573 Place: Mumbai Date: November 04, 2026 Registered Office: 10th Floor, Level 13'\ Module 4, 21/22, Olympia Cyberspace, Alandur Road, Arulaiyammanpet, Guindy, Chennai 600032, Tamil Nadu, India Tel: +91446131 0200 LLPIN: ACK-7004 Ahmedabad I Bengaluru I Chennai I Gurugram I Hyderabad I Kolkata I Pune CREDO BRANDS MARKETING LIMITED ~ (fka Cledo Brands Mat1tetlng Private Umltad) Plot No. 8-8, MIDC Central Road, Marol MIDC, Andheri (E), Mumbai • 400093. INDIA MUFTI Tel. No.: +91 22 6141 7200 ErnaU: helpdeak@muftl.in Website: Corporate: www.cradobrands.in Ecommerce: www.muftljeans.in MUMBAI CIN: L18101MH1999PLC119669 ········-------------------------------·-------------------······-······------------------------------·------------ Statement of Unaudited Financial Results for the quarter and six months ended September 30, 2026 (All amounts In , MIiiions, unless otherwise stated} guarter ended Six months ended Year ended September 30, lune 30, September 30, September 30, September 30, March 31, Particulars 2026 2026 2025 2026 2025 2026 , Unaudited l (Unaudited) (Unaudited) (Unaudited} (Unaudited) (Audited) 1 Income a) Revenue from operations 1,893.01 1,252.69 1,637.26 3,145.70 2,836.65 5,921.03 b) Other Income 23.36 20.95 19.11 44.31 35.26 108.50 Total income 11916.37 11273.64 11656.37 31190.01 21871.91 61029.53 2 Expenses (a) Cost of materials consumed 23.99 51.70 19.54 75.69 67.60 135.00 (b) Purchases of stock-In-trade 768.22 618.67 573.70 1,386.89 1,140.11 2,414.14 (c) Changes In Inventories of stock-In-trade (8.70) (189.50) 108.28 {198.20) {44.84) (83.08) (d) Employee benefits expense 96.55 94.29 89.33 190.84 173.20 354.22 (e) Finance costs 61.77 62.94 63.94 124.71 125.92 254.73 (f) Depreciation and amortization expense 190.40 192.36 183.76 382.76 366.03 743.70 (g) Other expenses 418.34 411.75 365.19 830.09 708.91 1,558.85 Total expenses 1 1550.57 11242.21 11403.74 21792,78 2,536.93 5 1377.56 3 Profit before exceptional items and tax 365.80 31.43 252.63 397.23 334,98 651,97 4 Exceptional item (refer Note 4) 13.97 5 Profit before tax 365.80 31.43 252.63 397.23 334.98 638.00 6 Tax expense Current tax 148.47 82.58 148.47 106.31 211.80 Excess provision of Income tax In relation to earlier (0.31) years Deferred tax charge/( credit) (SS.14l 8.58 (18.67) (46.56) (23.08) (47.73) Total tax expense 93.33 8.58 63.91 101.91 83.23 163.76 7 Net profit after tax 272.47 22.85 188.72 295.32 251.75 474.24 8 Other oomprehensive Income Items that wlll not be reclassified to profit or loss Re-measurement galn/(loss) on defined benefit 1.50 0.24 (0.24) 1.74 (0.37) 1.88 liability Tax related to above Item (0.38) (0.06) 0.06 (0.44) 0.09 (0.48) 1.12 0.18 (0.18) 1.30 (0.28) 1.40 Total other comprehensive Income (net of 1.12 0.18 (0,18) 1.30 (0.28) 1.40 tax) 9 Total comprehensive inoome 273,59 23.03 188.54 296.62 251.47 475.64 10 Paid-up equity share capital (face value , 2 per 130.79 130.79 130.74 130.79 130.74 130.74 share) 11 other equity 4 255.26 12 Earning per share (face value , 2 per share} (riot annualised) a) Basic In" 4.17 0.35 2.8 [Showing first 8,000 characters — download PDF for full document]