India's Credo Brands Marketing up on Q2 profit rise

Credo Brands Marketing

17/01/2024 06:53

** Shares of Credo Brands Marketing  CREO.NS  trim gains to
trade 3.3% higher at 278.2 rupees; shares had risen as much as
7.3% earlier in the session
    ** The operator of men's casual wear brand 'Mufti' says its
Q2 consol net PAT rose 7.5% y/y to 279.7 mln rupees ($3.4 mln);
revenue for ops jumped 16.1% y/y
    ** Stock set for best one-day rise since its listing on Dec.
27, 2023, if gains hold


($1 = 83.1200 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))