Credo Brands Marketing Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Sep-2025.
MUFTI · price
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Credo Brands Marketing (MUFTI brand) announced outcomes of its July 31, 2025 board meeting. For Q1 FY26 (quarter ended June 30, 2025), revenue from operations stood at ₹1,199.39 million, total income at ₹1,215.54 million, with net profit of ₹63.03 million and EPS of ₹0.97. This is a notable year-on-year decline compared to Q1 FY25, when revenue was ₹1,238.87 million and net profit was ₹97.70 million (EPS ₹1.52), showing roughly a 3% drop in revenue and a 35% fall in profit. The company also fixed Wednesday, September 10, 2025 as the record date for a proposed dividend of ₹3.00 per equity share (face value ₹2), to be considered at the upcoming 26th AGM on September 22, 2025. Additionally, 59,600 equity shares were allotted to employees under the Credo Stock Option Plan 2020 during the quarter.
The Q1 results are weak with a sharp fall in profits, which may weigh on the stock in the short term. On the positive side, a ₹3 per share dividend rewards existing shareholders, and investors need to hold shares by the September 10, 2025 record date to be eligible. Overall sentiment is mixed — dividend support offset by a weak earnings print.