Credo Brands Q2 FY27 Revenue Jumps 150 bps to ₹189 Cr, PAT Up 45%
Credo Brands reported Q2 FY27 revenue of ₹189.3 crore, up 16% YoY, and H1 FY27 revenue of ₹314.6 crore, up 11% YoY. Gross profit for H1 FY27 rose 12% to ₹188.2 crore, with margins at 59.8%. PAT for H1 FY27 increased 18% to ₹29.6 crore, and Q2 FY27 PAT grew 45% to ₹27.3 crore.
The announcement includes detailed financial results for the quarter and half-year, showcasing significant growth across key metrics. The positive performance and strategic initiatives like 'Mufti 2.0' are likely to have a substantial impact on investor perception and the company's market position.
The company reported strong year-on-year growth in revenue, gross profit, and profit after tax for both the quarter and half-year ended September 30, 2026. The expansion of gross margins and continued debt-free status further contribute to the positive sentiment.
Credo Brands Marketing Limited (MUFTI) has announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant increase in revenue for Q2 FY27, reaching ₹189.3 crore, a 16% year-on-year growth. This performance marks the highest-ever quarterly revenue for the company.
For the half-year ended September 30, 2026 (H1 FY27), revenue grew by 11% year-on-year to ₹314.6 crore. Gross profit for H1 FY27 increased by 12% to ₹188.2 crore, with gross margins expanding by 80 basis points to 59.8%, attributed to a richer product mix and improved pricing.
EBITDA for H1 FY27 grew by 9% to ₹86.1 crore, maintaining a margin of 27.4%. Profit After Tax (PAT) for H1 FY27 saw an 18% increase, reaching ₹29.6 crore. In Q2 FY27, PAT grew by 45% to ₹27.3 crore, with a PAT margin of 14.4%.
The company continues to operate with a debt-free balance sheet. The 'Mufti 2.0' initiative, focusing on premium retail experiences, has seen positive customer response. During Q2 FY27, 14 stores were opened or renovated under the new identity, bringing the total to 57 stores. The company emphasizes prioritizing store productivity over sheer count.
Investments in branding and merchandise quality are showing positive results, with average selling prices rising and a third consecutive quarter of positive same-store sales growth (SSSG). The company aims to make Mufti one of India's most loved and enduring homegrown menswear brands.
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Credo Brands Marketing Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Credo Brands Marketing Limited. Read the original for the full detail.