Outcome of Board Meeting _ Financial Results for the quarter ended June 30, 2026

------------------------------------------------------------------------------------------------------------------ August 11, 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 today, has inter-alia approved the Un-audited Standalone Financial Results of the Company for the quarter ended June 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 ended June 30, 2026, along with Independent Auditor's Review Report thereon. The meeting of the Board of Directors commenced at 4:45 p.m. and concluded at 6:00 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 MSKC & Associates LLP 602, Floor 6, Raheja Titanium Western Express Highway, Geetanjali Railway Colony Ram Nagar, Goregaon (E) Mumbai 400063, INDIA Chartered Accountants Independent Auditor's Review Report on unaudited financial results of Credo Brands Marketing Limited for the quarter 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 June 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) 2410, "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 : ~ tration Number: 001595S/S000168 Membership No.: 109752 ~~~~ UDIN: 26109752XMVUNP9536 Place: Mumbai Date: August 11, 2026 Registered Office: 10 ,h Floor, Level 13'1\ Module 4, 21 /22, Olympia Cyberspace, Alandur Road, Arulaiyammanpet, Guindy, Chennai 600032, Tamil Nadu, India Tel: +91446131 0200 I LLPIN: ACK-7004 Ahmedabad I Bengaluru I Chennai I Gurugram I Hyderabad I Kolkata I Pune CREDO BRANDS MARKETING LIMITED (fka Credo Brands Marketing Private Limited) Plot No. B-8, MIDC Central Road, Marci MIDC, Andheri (E), Mumbai • 400093. INDIA MUFTI Tel. No.: +91226141 7200 Email: helpdesk@mufti.in Website: Corporate: www.credobrands.in Ecommerce: www.muftijeans.in MUMBAI CIN: L18101MH1999PLC119669 ----------------------------------------------------------------------------------------- Statement of Unaudited Financial Results for the quarter ended June 30, 2026 (All amounts in ~ MIiiions, unless otherwise stated) guarter ended Year ended Particulars June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 {Unaudited) {Refer Note 3) {Unaudited) {Audited) 1 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 11273.64 11665.23 1,215.54 61029.53 2 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 11242.21 11459.16 11133.19 51377.56 3 Profit before exceptional Items and tax 31.43 206.07 82.35 651,97 4 Exceptional Item (refer Note 5) 13.97 5 Profit before tax 31.43 206.07 82,35 638.00 6 Tax expense Current tax 78.64 23.73 211.80 Excess provision of Income tax In relation to (0.31) earlier years Deferred Tax charge/(c redit) 8.58 (24.87) (4.41) (47.73) Total tax expense 8.58 53.77 19.32 163.76 7 Net profit after tax 22,85 152.30 63.03 474.24 8 Other comprehensive income Items that will not be reclassified to profit or loss Re-measurement gain/(loss) on defined benefit 0.24 2.38 (0.13) 1.88 liability Tax related to above item (0.06) (0.60) 0.03 (0.48) 0.18 1.78 (0.10) 1.40 Total other comprehensive Income (net of 0.18 1.78 (0.10) 1.40 tax) 9 Total comprehensive income 23.03 154.08 62.93 475.64 10 Paid-up equity share capital (face value ~ 2 per 130.79 130.74 130.74 130.74 share) 11 Other Equity 4 255.26 12 Earning per share (face value ~ 2 per share) (not annualised) a) Basic In~ 0.35 2.33 0.97 7.26 b) Diluted in ~ 0.35 2.33 0.97 7.25 ------------------------------------------------------------------------------------------------------------------- I) Mufti Jeans @MuftiJeans ~ @muftijeans CREDO BRANDS MARKETING LIMITED (fka Credo Brands Marketing Private Limited) Plot No. 8·8, MIDC Central Road, Marol MIDC, Andheri (E), Mumbai • 400093. INDIA MUFTI · Tel. No.: +91 22 6141 7200 Email: helpdesk@mufti.in Website: Corporate: www.credobrands.in Ecommerce: www.muftijeans.in MUMBAI CIN : L1 8101MH1999PLC119669 ---------------------------------------------------------------------------------------- - Notes: Toe 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 Toe Financial Results have been prepared In accordance with the recognition and measurement principles laid down In the Indian Accounting Standard 34 "Inter [Showing first 8,000 characters — download PDF for full document]