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(07/11/2025 18:12)

Credo Brands Marketi Q2 net profit down 28.68% at Rs 18.87 cr

The company reported standalone net profit of Rs 18.87 crore for the quarter ended September 30, 2025 as compared to Rs 26.46 crore in the same period last year, registering a year-on-year decline of 28.68 per cent.

Net revenue of the company declined moderately by 11.77 per cent at Rs 163.73 crore in July-September quarter of this fiscal as against Rs 185.57 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 9.64 per cent to Rs 115.60 crore from Rs 127.93 crore in year ago period.

Other Income grew by 267.31 per cent at Rs 1.91 crore versus (Sep'24 Rs 0.52 crore).

Operating Profit slipped by 16.52 per cent to Rs 48.12 crore as against Rs 57.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.38 per cent in September quarter.

Interest grew by 1.43 per cent y-o-y to Rs 6.39 crore, while Taxation decreased by 28.20 per cent at Rs 6.39 crore (Sep'24 Rs 8.90 crore).
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