Credo Brands Marketing Limited — Investor Meet, 18-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
18-08-2026 | 04:43 pm
18-08-2026 | 04:43 pm
Credo Brands (MUFTI) reported Q1 FY27 revenue up 5% YoY to ₹125.3 Cr. EBITDA was ₹26.6 Cr (down from ₹31 Cr YoY), with PAT at ₹2.3 Cr, impacted by increased brand investment.
Management is advancing 'Mufti 2.0', focusing on premiumization, store experience, and digital presence. They opened 5 and closed 7 underperforming stores to enhance productivity. Despite soft discretionary spending and intense competition, the company is investing for long-term relevance and sustainable growth. Positive signals are emerging from renovated stores, though immediate significant financial impact is not expected. The focus is on brand transformation and customer acquisition/retention.
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