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<!--Date of creation: 10/21/2026-->
<!--Software architectural design and coding: A'c Dharmapremananda Avt.-->
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelEmailAddress" xlink:label="dei_ContactPersonnelEmailAddress" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_ContactPersonnelEmailAddress" xlink:to="dei_ContactPersonnelEmailAddress_lbl" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_ContactPersonnelEmailAddress_lbl" xml:lang="en-US">Contact Personnel Email Address</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelName" xlink:label="dei_ContactPersonnelName" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_ContactPersonnelName" xlink:to="dei_ContactPersonnelName_lbl" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_ContactPersonnelName_lbl" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="dei_EntityAddressesAddressTypeAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesAddressTypeAxis" xlink:to="dei_EntityAddressesAddressTypeAxis_lbl_752a51" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesAddressTypeAxis_lbl_752a51" xml:lang="en-US">Entity Addresses Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_BusinessContactMember" xlink:label="dei_BusinessContactMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_BusinessContactMember" xlink:to="dei_BusinessContactMember_lbl_48f951" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_BusinessContactMember_lbl_48f951" xml:lang="en-US">Business Contact [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl_1df746" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl_1df746" xml:lang="en-US">Consolidated Statement of Financial Position</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract" xlink:label="ifrs-full_AssetsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl_a7e354" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAbstract_lbl_a7e354" xml:lang="en-US">ASSETS</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="ifrs-full_NoncurrentAssetsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl_1a1e49" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl_1a1e49" xml:lang="en-US">Non-current assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl_47334d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentProperty_lbl_47334d" xml:lang="en-US">Investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentProperty" xlink:label="ifrs-full_InvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentProperty_lbl_4" xml:lang="en-US">[Investment property]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl_6c7676" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl_6c7676" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesNonCurrent" xlink:to="cresud_TradingPropertiesNonCurrent_lbl_7aac08" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradingPropertiesNonCurrent_lbl_7aac08" xml:lang="en-US">Trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingPropertiesNonCurrent" xlink:label="cresud_TradingPropertiesNonCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesNonCurrent" xlink:to="cresud_TradingPropertiesNonCurrent_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingPropertiesNonCurrent_lbl_6" xml:lang="en-US">[Trading properties]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl_32a580" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Goodwill_lbl_32a580" xml:lang="en-US">Intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Goodwill" xlink:label="ifrs-full_Goodwill" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Goodwill_lbl_7" xml:lang="en-US">[Goodwill]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssets" xlink:label="ifrs-full_RightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl_74b2dc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssets_lbl_74b2dc" xml:lang="en-US">Right of use assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentBiologicalAssets" xlink:to="ifrs-full_NoncurrentBiologicalAssets_lbl_1fcf90" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentBiologicalAssets_lbl_1fcf90" xml:lang="en-US">Biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentBiologicalAssets" xlink:label="ifrs-full_NoncurrentBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentBiologicalAssets" xlink:to="ifrs-full_NoncurrentBiologicalAssets_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentBiologicalAssets_lbl_9" xml:lang="en-US">[Non-current biological assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_2b5dbe" xml:lang="en-US">Investment in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl_d0bdfe" xml:lang="en-US">Deferred income tax assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxAndCredits" xlink:label="cresud_IncomeTaxAndCredits" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxAndCredits" xlink:to="cresud_IncomeTaxAndCredits_lbl_9cf44f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxAndCredits_lbl_9cf44f" xml:lang="en-US">Income tax credit</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl_1b29fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl_1b29fd" xml:lang="en-US">Restricted assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentTradeReceivables" xlink:to="ifrs-full_NoncurrentTradeReceivables_lbl_4f133c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentTradeReceivables_lbl_4f133c" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentTradeReceivables" xlink:label="ifrs-full_NoncurrentTradeReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentTradeReceivables" xlink:to="ifrs-full_NoncurrentTradeReceivables_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentTradeReceivables_lbl_14" xml:lang="en-US">[Non-current trade receivables]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentFinancialAssets" xlink:label="ifrs-full_NoncurrentFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssets" xlink:to="ifrs-full_NoncurrentFinancialAssets_lbl_9993f2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialAssets_lbl_9993f2" xml:lang="en-US">Investment in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl_40bf72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl_40bf72" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl_ac33a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl_ac33a9" xml:lang="en-US">Total non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssets_lbl_17" xml:lang="en-US">[Non-current assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="ifrs-full_CurrentAssetsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl_9ff1e2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl_9ff1e2" xml:lang="en-US">Current assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesCurrent" xlink:to="cresud_TradingPropertiesCurrent_lbl_524fc5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradingPropertiesCurrent_lbl_524fc5" xml:lang="en-US">Trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingPropertiesCurrent" xlink:label="cresud_TradingPropertiesCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesCurrent" xlink:to="cresud_TradingPropertiesCurrent_lbl_19" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingPropertiesCurrent_lbl_19" xml:lang="en-US">[Trading properties 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBiologicalAssets" xlink:to="ifrs-full_CurrentBiologicalAssets_lbl_94c007" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentBiologicalAssets_lbl_94c007" xml:lang="en-US">Biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentBiologicalAssets" xlink:label="ifrs-full_CurrentBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBiologicalAssets" xlink:to="ifrs-full_CurrentBiologicalAssets_lbl_20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentBiologicalAssets_lbl_20" xml:lang="en-US">[Current biological assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl_d7f1bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Inventories_lbl_d7f1bb" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Inventories" xlink:label="ifrs-full_Inventories" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl_21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Inventories_lbl_21" xml:lang="en-US">[Current inventories]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxCredits" xlink:to="cresud_IncomeTaxCredits_lbl_6eb865" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncomeTaxCredits_lbl_6eb865" xml:lang="en-US">Income tax credit</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxCredits" xlink:label="cresud_IncomeTaxCredits" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxCredits" xlink:to="cresud_IncomeTaxCredits_lbl_22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxCredits_lbl_22" xml:lang="en-US">[Income tax credit]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl_e7723a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl_e7723a" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl_23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl_23" xml:lang="en-US">[Trade and other current receivables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssets" xlink:to="ifrs-full_CurrentFinancialAssets_lbl_b5f628" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentFinancialAssets_lbl_b5f628" xml:lang="en-US">Investment in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialAssets" xlink:label="ifrs-full_CurrentFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssets" xlink:to="ifrs-full_CurrentFinancialAssets_lbl_24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialAssets_lbl_24" xml:lang="en-US">[Current financial assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl_d1b4fa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl_d1b4fa" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl_25" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl_25" xml:lang="en-US">[Current derivative financial assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl_4fdd0c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl_4fdd0c" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl_43b46c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl_43b46c" xml:lang="en-US">Total current assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl_27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_lbl_27" xml:lang="en-US">[Current assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl_5d24a6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl_5d24a6" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl_28" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_lbl_28" xml:lang="en-US">[Assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl_22a5fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl_22a5fc" xml:lang="en-US">SHAREHOLDERS' EQUITY</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareholdersEquityAccordingToCorrespondingStatement" xlink:label="cresud_ShareholdersEquityAccordingToCorrespondingStatement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareholdersEquityAccordingToCorrespondingStatement" xlink:to="cresud_ShareholdersEquityAccordingToCorrespondingStatement_lbl_12b5f8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareholdersEquityAccordingToCorrespondingStatement_lbl_12b5f8" xml:lang="en-US">Shareholders' equity (according to corresponding statement)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterests" xlink:label="ifrs-full_NoncontrollingInterests" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl_bf0e83" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterests_lbl_bf0e83" xml:lang="en-US">Non-controlling interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalShareholdersEquityBeforeLiabilities" xlink:to="cresud_TotalShareholdersEquityBeforeLiabilities_lbl_162b24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="cresud_TotalShareholdersEquityBeforeLiabilities_lbl_162b24" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalShareholdersEquityBeforeLiabilities" xlink:label="cresud_TotalShareholdersEquityBeforeLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalShareholdersEquityBeforeLiabilities" xlink:to="cresud_TotalShareholdersEquityBeforeLiabilities_lbl_32" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalShareholdersEquityBeforeLiabilities_lbl_32" xml:lang="en-US">[TOTAL SHAREHOLDERS' EQUITY]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="ifrs-full_LiabilitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract_lbl_da8c05" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesAbstract_lbl_da8c05" xml:lang="en-US">LIABILITIES</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl_937d0e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl_937d0e" xml:lang="en-US">Non-current liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayablesNonCurrent" xlink:to="cresud_TradeAndOtherPayablesNonCurrent_lbl_1f1b3a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherPayablesNonCurrent_lbl_1f1b3a" xml:lang="en-US">Trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherPayablesNonCurrent" xlink:label="cresud_TradeAndOtherPayablesNonCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayablesNonCurrent" xlink:to="cresud_TradeAndOtherPayablesNonCurrent_lbl_35" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherPayablesNonCurrent_lbl_35" xml:lang="en-US">[Trade and other payables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl_08ba40" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LongtermBorrowings_lbl_08ba40" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowings" xlink:label="ifrs-full_LongtermBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl_36" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_lbl_36" xml:lang="en-US">[Non-current portion of non-current borrowings]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="ifrs-full_DeferredTaxLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl_1f1617" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl_1f1617" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl_5b2685" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentProvisions_lbl_5b2685" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentProvisions" xlink:label="ifrs-full_NoncurrentProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl_38" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisions_lbl_38" xml:lang="en-US">[Non-current provisions]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PayrollAndSocialSecurityNonCurrentLiabilities" xlink:label="cresud_PayrollAndSocialSecurityNonCurrentLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PayrollAndSocialSecurityNonCurrentLiabilities" xlink:to="cresud_PayrollAndSocialSecurityNonCurrentLiabilities_lbl_07129f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PayrollAndSocialSecurityNonCurrentLiabilities_lbl_07129f" xml:lang="en-US">Payroll and social security liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="ifrs-full_NoncurrentLeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl_e0a55e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl_e0a55e" xml:lang="en-US">Lease liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl_89679d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl_89679d" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl_41" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl_41" xml:lang="en-US">[Non-current derivative financial liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl_8ae9d7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl_8ae9d7" xml:lang="en-US">Total non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl_42" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilities_lbl_42" xml:lang="en-US">[Non-current liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="ifrs-full_CurrentLiabilitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl_64be8f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl_64be8f" xml:lang="en-US">Current liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl_ef0498" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl_ef0498" xml:lang="en-US">Trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl_44" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl_44" xml:lang="en-US">[Trade and other current payables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl_314978" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ShorttermBorrowings_lbl_314978" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowings" xlink:label="ifrs-full_ShorttermBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl_45" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermBorrowings_lbl_45" xml:lang="en-US">[Current borrowings]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl_0ecd52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentProvisions_lbl_0ecd52" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentProvisions" xlink:label="ifrs-full_CurrentProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl_46" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentProvisions_lbl_46" xml:lang="en-US">[Current provisions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PayrollAndSocialSecurityCurrentLiabilities" xlink:to="cresud_PayrollAndSocialSecurityCurrentLiabilities_lbl_8fcc71" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_PayrollAndSocialSecurityCurrentLiabilities_lbl_8fcc71" xml:lang="en-US">Payroll and social security liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PayrollAndSocialSecurityCurrentLiabilities" xlink:label="cresud_PayrollAndSocialSecurityCurrentLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PayrollAndSocialSecurityCurrentLiabilities" xlink:to="cresud_PayrollAndSocialSecurityCurrentLiabilities_lbl_47" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PayrollAndSocialSecurityCurrentLiabilities_lbl_47" xml:lang="en-US">[Payroll and social security liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl_271ed6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl_271ed6" xml:lang="en-US">Income tax liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl_c2f0a3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl_c2f0a3" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="ifrs-full_CurrentLeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl_49" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl_49" xml:lang="en-US">[Current lease liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl_9bddf0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl_9bddf0" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl_50" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl_50" xml:lang="en-US">[Current derivative financial liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl_90c2f6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl_90c2f6" xml:lang="en-US">Total Current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl_51" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_lbl_51" xml:lang="en-US">[Current liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl_e625bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Liabilities_lbl_e625bc" xml:lang="en-US">TOTAL LIABILITIES</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl_52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_lbl_52" xml:lang="en-US">[Liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl_cc78ab" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl_cc78ab" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl_53" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_lbl_53" xml:lang="en-US">[Equity and liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl_9dca6c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl_9dca6c" xml:lang="en-US">Consolidated Statement of Income and Other Comprehensive Income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl_faccae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Revenue_lbl_faccae" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_lbl_2" xml:lang="en-US">[Revenue]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl_606c5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CostOfSales_lbl_606c5e" xml:lang="en-US">Costs</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CostOfSales" xlink:label="ifrs-full_CostOfSales" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSales_lbl_3" xml:lang="en-US">[Cost of sales]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnChangeInFairValueEstimatesOfBiologicalAssetsForCurrentPeriod" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueEstimatesOfBiologicalAssetsForCurrentPeriod" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueEstimatesOfBiologicalAssetsForCurrentPeriod" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueEstimatesOfBiologicalAssetsForCurrentPeriod_lbl_eb7c29" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueEstimatesOfBiologicalAssetsForCurrentPeriod_lbl_eb7c29" xml:lang="en-US">Initial recognition and changes in the fair value of biological assets and agricultural products at the point of harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevenueFromSaleOfAgriculturalProduce1" xlink:label="cresud_RevenueFromSaleOfAgriculturalProduce1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfAgriculturalProduce1" xlink:to="cresud_RevenueFromSaleOfAgriculturalProduce1_lbl_e6f6ef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevenueFromSaleOfAgriculturalProduce1_lbl_e6f6ef" xml:lang="en-US">Changes in the net realizable value of agricultural products after harvest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl_f14ff9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GrossProfit_lbl_f14ff9" xml:lang="en-US">Gross profit</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossProfit" xlink:label="ifrs-full_GrossProfit" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossProfit_lbl_6" xml:lang="en-US">[Gross profit]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_4cff01" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_4cff01" xml:lang="en-US">Net gain/ (loss) from fair value adjustment of investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsOnDisposalsOfInvestments" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments_lbl_76d27d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments_lbl_76d27d" xml:lang="en-US">Gain from disposal of farmlands</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl_020a54" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl_020a54" xml:lang="en-US">General and administrative expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl_9" xml:lang="en-US">[General and administrative expense]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingExpense" xlink:to="ifrs-full_SellingExpense_lbl_cc7531" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SellingExpense_lbl_cc7531" xml:lang="en-US">Selling expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SellingExpense" xlink:label="ifrs-full_SellingExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingExpense" xlink:to="ifrs-full_SellingExpense_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SellingExpense_lbl_10" xml:lang="en-US">[Selling expense]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl_51b843" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl_51b843" xml:lang="en-US">Other operating results ,net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyManagementExpense" xlink:to="ifrs-full_PropertyManagementExpense_lbl_a2c838" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PropertyManagementExpense_lbl_a2c838" xml:lang="en-US">Management fees</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyManagementExpense" xlink:label="ifrs-full_PropertyManagementExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyManagementExpense" xlink:to="ifrs-full_PropertyManagementExpense_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyManagementExpense_lbl_12" xml:lang="en-US">[Property management expense]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl_914508" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl_914508" xml:lang="en-US">Profit / (loss) from operations</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="ifrs-full_ProfitLossFromContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl_13" xml:lang="en-US">[Profit (loss) from continuing operations]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl_990215" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl_990215" xml:lang="en-US">Share of profit of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:to="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl_2f0e3b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl_2f0e3b" xml:lang="en-US">Profit / (loss) before financial results and income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:label="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:to="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl_15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl_15" xml:lang="en-US">[Profit / (loss) before financial results and income tax]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl_88a974" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncome_lbl_88a974" xml:lang="en-US">Finance income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl_260347" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_FinanceCosts_lbl_260347" xml:lang="en-US">Finance cost</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceCosts_lbl_17" xml:lang="en-US">[Finance costs]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinanceIncomeCost" xlink:label="ifrs-full_OtherFinanceIncomeCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncomeCost" xlink:to="ifrs-full_OtherFinanceIncomeCost_lbl_c475ba" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinanceIncomeCost_lbl_c475ba" xml:lang="en-US">Other financial results</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InflationAdjustment" xlink:label="cresud_InflationAdjustment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationAdjustment" xlink:to="cresud_InflationAdjustment_lbl_3ae95c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InflationAdjustment_lbl_3ae95c" xml:lang="en-US">Inflation adjustment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialResultsNet" xlink:to="cresud_FinancialResultsNet_lbl_de7e94" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="cresud_FinancialResultsNet_lbl_de7e94" xml:lang="en-US">Financial results, net</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialResultsNet" xlink:label="cresud_FinancialResultsNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialResultsNet" xlink:to="cresud_FinancialResultsNet_lbl_20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialResultsNet_lbl_20" xml:lang="en-US">[Financial results, net]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl_6c9589" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl_6c9589" xml:lang="en-US">Profit before income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl_21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl_21" xml:lang="en-US">[Profit (loss) before tax]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl_cf5d48" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl_cf5d48" xml:lang="en-US">Income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="ifrs-full_CurrentTaxExpenseIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl_22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl_22" xml:lang="en-US">[Current tax expense (income)]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl_65e534" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl_65e534" xml:lang="en-US">Profit for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl_23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_lbl_23" xml:lang="en-US">[Profit (loss)]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract" xlink:label="cresud_ItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract" xlink:to="cresud_ItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract_lbl_459beb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract_lbl_459beb" xml:lang="en-US">Items that may be reclassified subsequently to profit or loss:</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl_2f5b46" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl_2f5b46" xml:lang="en-US">Currency translation adjustment and other comprehensive results from subsidiaries and associates (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherComprehensiveIncomeNetRevaluationSurplus" xlink:label="cresud_OtherComprehensiveIncomeNetRevaluationSurplus" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherComprehensiveIncomeNetRevaluationSurplus" xlink:to="cresud_OtherComprehensiveIncomeNetRevaluationSurplus_lbl_2dd9b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherComprehensiveIncomeNetRevaluationSurplus_lbl_2dd9b3" xml:lang="en-US">Revaluation surplus</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl_301709" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl_301709" xml:lang="en-US">Total other comprehensive loss for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl_27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl_27" xml:lang="en-US">[Other comprehensive income]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl_dd64a6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl_dd64a6" xml:lang="en-US">Total comprehensive income for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl_28" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_lbl_28" xml:lang="en-US">[Comprehensive income]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LossProfitFromContinuingOperationsAttributableToAbstract" xlink:label="cresud_LossProfitFromContinuingOperationsAttributableToAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LossProfitFromContinuingOperationsAttributableToAbstract" xlink:to="cresud_LossProfitFromContinuingOperationsAttributableToAbstract_lbl_4307f2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LossProfitFromContinuingOperationsAttributableToAbstract_lbl_4307f2" xml:lang="en-US">Profit for the year attributable to:</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl_b3aa05" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl_b3aa05" xml:lang="en-US">Equity holders of the parent</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl_4d9423" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl_4d9423" xml:lang="en-US">Non-controlling interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl_31" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl_31" xml:lang="en-US">[Profit (loss), attributable to non-controlling interests]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl_0612a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl_0612a1" xml:lang="en-US">Total comprehensive income / (loss) attributable to:</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl_bc3b94" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl_bc3b94" xml:lang="en-US">Equity holders of the parent</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl_33" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl_33" xml:lang="en-US">[Comprehensive income, attributable to owners of parent]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl_e065a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl_e065a2" xml:lang="en-US">Non-controlling interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl_34" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl_34" xml:lang="en-US">[Comprehensive income, attributable to non-controlling interests]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="ifrs-full_EarningsPerShareAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl_e311d4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl_e311d4" xml:lang="en-US">Profit for the year per share attributable to equity holders of the parent (iii):</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EarningPerShareBasicContinuingOperations" xlink:label="cresud_EarningPerShareBasicContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EarningPerShareBasicContinuingOperations" xlink:to="cresud_EarningPerShareBasicContinuingOperations_lbl_c9df5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EarningPerShareBasicContinuingOperations_lbl_c9df5e" xml:lang="en-US">Basic</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EarningPerShareDilutedContinuingOperations" xlink:label="cresud_EarningPerShareDilutedContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EarningPerShareDilutedContinuingOperations" xlink:to="cresud_EarningPerShareDilutedContinuingOperations_lbl_f08df9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EarningPerShareDilutedContinuingOperations_lbl_f08df9" xml:lang="en-US">Diluted</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="ifrs-full_StatementOfChangesInEquityAbstract_lbl_9d1b86" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract_lbl_9d1b86" xml:lang="en-US">Consolidated Statement of Changes in Shareholders Equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_StatementTable" xlink:label="cresud_StatementTable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_StatementTable" xlink:to="cresud_StatementTable_lbl_11fa4e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_StatementTable_lbl_11fa4e" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_StatementLineItems" xlink:label="cresud_StatementLineItems" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_StatementLineItems" xlink:to="cresud_StatementLineItems_lbl_f3e932" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_StatementLineItems_lbl_f3e932" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ifrs-full_ComponentsOfEquityAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl_093945" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl_093945" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" xlink:label="cresud_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" xlink:to="cresud_InflationAdjustmentOfShareCapitalAndTreasurySharesMember_lbl_63bd00" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InflationAdjustmentOfShareCapitalAndTreasurySharesMember_lbl_63bd00" xml:lang="en-US">Inflation adjustment of share capital and treasury shares (i) [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharePremiumMember" xlink:label="ifrs-full_SharePremiumMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl_9bf1f4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremiumMember_lbl_9bf1f4" xml:lang="en-US">Share premium [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReservesMember" xlink:label="ifrs-full_OtherReservesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember_lbl_fb89da" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReservesMember_lbl_fb89da" xml:lang="en-US">Other reserves (ii) [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubtotalMember" xlink:label="cresud_SubtotalMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubtotalMember" xlink:to="cresud_SubtotalMember_lbl_2f1e96" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubtotalMember_lbl_2f1e96" xml:lang="en-US">Subtotal [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="ifrs-full_NoncontrollingInterestsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember_lbl_5d030a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl_5d030a" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RetainedEarningMember" xlink:label="cresud_RetainedEarningMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RetainedEarningMember" xlink:to="cresud_RetainedEarningMember_lbl_48f572" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RetainedEarningMember_lbl_48f572" xml:lang="en-US">Retained earnings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReserveForFutureDividendsMember" xlink:label="cresud_ReserveForFutureDividendsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReserveForFutureDividendsMember" xlink:to="cresud_ReserveForFutureDividendsMember_lbl_fd42d3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReserveForFutureDividendsMember_lbl_fd42d3" xml:lang="en-US">Reserve for future dividends [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrencyTranslationAdjustmentReserveMember" xlink:label="cresud_CurrencyTranslationAdjustmentReserveMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentReserveMember" xlink:to="cresud_CurrencyTranslationAdjustmentReserveMember_lbl_e4a773" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrencyTranslationAdjustmentReserveMember_lbl_e4a773" xml:lang="en-US">Reserve for currency translation adjustment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherReservesFromSubsidiariesMember" xlink:label="cresud_OtherReservesFromSubsidiariesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherReservesFromSubsidiariesMember" xlink:to="cresud_OtherReservesFromSubsidiariesMember_lbl_319a14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherReservesFromSubsidiariesMember_lbl_319a14" xml:lang="en-US">Other reserves (i) [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WarrantsMember" xlink:label="ifrs-full_WarrantsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantsMember" xlink:to="ifrs-full_WarrantsMember_lbl_f66003" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WarrantsMember_lbl_f66003" xml:lang="en-US">Warrants [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalReservesMember" xlink:label="cresud_LegalReservesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalReservesMember" xlink:to="cresud_LegalReservesMember_lbl_4ed8a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalReservesMember_lbl_4ed8a2" xml:lang="en-US">Legal reserves [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OutstandingShareslMember" xlink:label="cresud_OutstandingShareslMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OutstandingShareslMember" xlink:to="cresud_OutstandingShareslMember_lbl_67742c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OutstandingShareslMember_lbl_67742c" xml:lang="en-US">Outstanding shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReserveForTheAcquisitionOfSecuritiesIssuedByTheCompanyMember" xlink:label="cresud_ReserveForTheAcquisitionOfSecuritiesIssuedByTheCompanyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReserveForTheAcquisitionOfSecuritiesIssuedByTheCompanyMember" xlink:to="cresud_ReserveForTheAcquisitionOfSecuritiesIssuedByTheCompanyMember_lbl_de6725" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReserveForTheAcquisitionOfSecuritiesIssuedByTheCompanyMember_lbl_de6725" xml:lang="en-US">Reserve for the acquisition of securities issued by the Company [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasurySharesMember" xlink:label="ifrs-full_TreasurySharesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasurySharesMember" xlink:to="ifrs-full_TreasurySharesMember_lbl_14a049" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasurySharesMember_lbl_14a049" xml:lang="en-US">Treasury shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdditionalPaidInCapitalFromTreasurySharesMember" xlink:label="cresud_AdditionalPaidInCapitalFromTreasurySharesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionalPaidInCapitalFromTreasurySharesMember" xlink:to="cresud_AdditionalPaidInCapitalFromTreasurySharesMember_lbl_1fa6b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdditionalPaidInCapitalFromTreasurySharesMember_lbl_1fa6b9" xml:lang="en-US">Additional paid in capital from treasury shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfTreasurySharesMember" xlink:label="cresud_CostOfTreasurySharesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfTreasurySharesMember" xlink:to="cresud_CostOfTreasurySharesMember_lbl_3f1967" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfTreasurySharesMember_lbl_3f1967" xml:lang="en-US">Cost of treasury shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SpecialReserveMember" xlink:label="cresud_SpecialReserveMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SpecialReserveMember" xlink:to="cresud_SpecialReserveMember_lbl_a95870" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SpecialReserveMember_lbl_a95870" xml:lang="en-US">Special reserve [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalOtherReservesMember" xlink:label="cresud_TotalOtherReservesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalOtherReservesMember" xlink:to="cresud_TotalOtherReservesMember_lbl_06e9e7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalOtherReservesMember_lbl_06e9e7" xml:lang="en-US">Total other reserves [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl_5f8a64" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_lbl_5f8a64" xml:lang="en-US">Balance, amount</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_lbl_2" xml:lang="en-US">[Equity]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl_7dde97" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_lbl_7dde97" xml:lang="en-US">Profit for the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl_8cb0a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl_8cb0a9" xml:lang="en-US">Other comprehensive loss for the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl_c80dde" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl_c80dde" xml:lang="en-US">Total comprehensive (loss) / income for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AssignmentOfResultsAccordingToShareholdersMeeting" xlink:label="cresud_AssignmentOfResultsAccordingToShareholdersMeeting" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AssignmentOfResultsAccordingToShareholdersMeeting" xlink:to="cresud_AssignmentOfResultsAccordingToShareholdersMeeting_lbl_dce35c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AssignmentOfResultsAccordingToShareholdersMeeting_lbl_dce35c" xml:lang="en-US">Assignment of results - Shareholders' meeting</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SharesIssuedDuringPeriodAmount" xlink:label="cresud_SharesIssuedDuringPeriodAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SharesIssuedDuringPeriodAmount" xlink:to="cresud_SharesIssuedDuringPeriodAmount_lbl_560fa3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SharesIssuedDuringPeriodAmount_lbl_560fa3" xml:lang="en-US">Issuance of shares</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="ifrs-full_PurchaseOfTreasuryShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfTreasuryShares" xlink:to="ifrs-full_PurchaseOfTreasuryShares_lbl_0c71df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl_0c71df" xml:lang="en-US">Repurchase of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReserveForShareBasedPayments" xlink:label="cresud_ReserveForShareBasedPayments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReserveForShareBasedPayments" xlink:to="cresud_ReserveForShareBasedPayments_lbl_240862" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReserveForShareBasedPayments_lbl_240862" xml:lang="en-US">Reserve for share-based payments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_WarrantsExercisedDuringPeriodAmount" xlink:label="cresud_WarrantsExercisedDuringPeriodAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_WarrantsExercisedDuringPeriodAmount" xlink:to="cresud_WarrantsExercisedDuringPeriodAmount_lbl_df1d1e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_WarrantsExercisedDuringPeriodAmount_lbl_df1d1e" xml:lang="en-US">Exercise of warrants</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInNonControllingInterest" xlink:label="cresud_IncreaseDecreaseInNonControllingInterest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInNonControllingInterest" xlink:to="cresud_IncreaseDecreaseInNonControllingInterest_lbl_8e77c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInNonControllingInterest_lbl_8e77c5" xml:lang="en-US">Changes in non-controlling interest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DistributionOfDividends" xlink:label="cresud_DistributionOfDividends" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DistributionOfDividends" xlink:to="cresud_DistributionOfDividends_lbl_888b12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DistributionOfDividends_lbl_888b12" xml:lang="en-US">Dividends distribution</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherChangesInEquity" xlink:label="cresud_OtherChangesInEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherChangesInEquity" xlink:to="cresud_OtherChangesInEquity_lbl_0d1b87" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherChangesInEquity_lbl_0d1b87" xml:lang="en-US">Other changes in shareholders' equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IrrevocableContributionsCapitalized" xlink:label="cresud_IrrevocableContributionsCapitalized" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IrrevocableContributionsCapitalized" xlink:to="cresud_IrrevocableContributionsCapitalized_lbl_97d8cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IrrevocableContributionsCapitalized_lbl_97d8cd" xml:lang="en-US">Capitalization of irrevocable contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncorporationThroughBusinessCombination" xlink:label="cresud_IncorporationThroughBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncorporationThroughBusinessCombination" xlink:to="cresud_IncorporationThroughBusinessCombination_lbl_c90b2e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncorporationThroughBusinessCombination_lbl_c90b2e" xml:lang="en-US">Incorporation by business combination</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmendmentToTheExerciseTermsOfWarrantsIssuedByTheCompany" xlink:label="cresud_AmendmentToTheExerciseTermsOfWarrantsIssuedByTheCompany" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmendmentToTheExerciseTermsOfWarrantsIssuedByTheCompany" xlink:to="cresud_AmendmentToTheExerciseTermsOfWarrantsIssuedByTheCompany_lbl_24d7cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmendmentToTheExerciseTermsOfWarrantsIssuedByTheCompany_lbl_24d7cb" xml:lang="en-US">Amendment to the exercise terms of warrants issued by the Company (ii)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DistributionOfTreasuryShares" xlink:label="cresud_DistributionOfTreasuryShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DistributionOfTreasuryShares" xlink:to="cresud_DistributionOfTreasuryShares_lbl_37cc8f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DistributionOfTreasuryShares_lbl_37cc8f" xml:lang="en-US">Distribution of treasury shares</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl_41ae72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_lbl_41ae72" xml:lang="en-US">Balance, amount</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl_71e381" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl_71e381" xml:lang="en-US">Consolidated Statement of Cash Flows</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="cresud_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="cresud_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl_029d75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl_029d75" xml:lang="en-US">Operating activities:</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="cresud_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:to="cresud_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl_16acc2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl_16acc2" xml:lang="en-US">Net cash generated from operating activities before income tax paid</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefund" xlink:to="ifrs-full_IncomeTaxesPaidRefund_lbl_bb5278" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxesPaidRefund_lbl_bb5278" xml:lang="en-US">Income tax paid</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxesPaidRefund" xlink:label="ifrs-full_IncomeTaxesPaidRefund" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefund" xlink:to="ifrs-full_IncomeTaxesPaidRefund_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxesPaidRefund_lbl_4" xml:lang="en-US">[Income taxes paid (refund)]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_dd5d6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_dd5d6f" xml:lang="en-US">Net cash generated from operating activities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_5" xml:lang="en-US">[Cash flows from (used in) operating activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetCashProvidedByUsedIninvestingActivitiesAbstract" xlink:label="cresud_NetCashProvidedByUsedIninvestingActivitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetCashProvidedByUsedIninvestingActivitiesAbstract" xlink:to="cresud_NetCashProvidedByUsedIninvestingActivitiesAbstract_lbl_3b2fcc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetCashProvidedByUsedIninvestingActivitiesAbstract_lbl_3b2fcc" xml:lang="en-US">Investing activities:</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:to="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl_efbc60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl_efbc60" xml:lang="en-US">Proceeds from the sale of participation in associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome" xlink:to="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome_lbl_a9dd20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome_lbl_a9dd20" xml:lang="en-US">Capital contributions to associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome" xlink:label="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome" xlink:to="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConsolidatedStatementOfIncomeAndOtherComprehensiveIncome_lbl_8" xml:lang="en-US">[Capital contributions to associates and joint ventures]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures" xlink:to="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures_lbl_eccda8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures_lbl_eccda8" xml:lang="en-US">Acquisition of investments in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures" xlink:label="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures" xlink:to="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquisitionOfInvestmentsInAssociatesAndJointVentures_lbl_9" xml:lang="en-US">[Acquisition of investments in associates and joint ventures]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions" xlink:to="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions_lbl_25d981" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions_lbl_25d981" xml:lang="en-US">Business combination payments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions" xlink:label="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions" xlink:to="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsRelatingToRoyaltiesFeesAndCommissions_lbl_10" xml:lang="en-US">[Payments relating to royalties, fees and commissions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionAndImprovementOfInvestmentProperties" xlink:to="cresud_AcquisitionAndImprovementOfInvestmentProperties_lbl_7a1df0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_AcquisitionAndImprovementOfInvestmentProperties_lbl_7a1df0" xml:lang="en-US">Acquisition and improvement of investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquisitionAndImprovementOfInvestmentProperties" xlink:label="cresud_AcquisitionAndImprovementOfInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionAndImprovementOfInvestmentProperties" xlink:to="cresud_AcquisitionAndImprovementOfInvestmentProperties_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquisitionAndImprovementOfInvestmentProperties_lbl_11" xml:lang="en-US">[Acquisition and improvement of investment properties]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:label="ifrs-full_ProceedsFromSalesOfInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:to="ifrs-full_ProceedsFromSalesOfInvestmentProperty_lbl_7770ba" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfInvestmentProperty_lbl_7770ba" xml:lang="en-US">Proceeds from sales of investment properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_8b72c3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_8b72c3" xml:lang="en-US">Acquisitions and improvements of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_13" xml:lang="en-US">[Purchase of property, plant and equipment, classified as investing activities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl_35ed52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl_35ed52" xml:lang="en-US">Acquisition of intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl_14" xml:lang="en-US">[Purchase of intangible assets, classified as investing activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_ed1915" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl_ed1915" xml:lang="en-US">Proceeds from sales of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceivedFromAssociatesClassifiedAsInvestingActivities" xlink:label="ifrs-full_DividendsReceivedFromAssociatesClassifiedAsInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedFromAssociatesClassifiedAsInvestingActivities" xlink:to="ifrs-full_DividendsReceivedFromAssociatesClassifiedAsInvestingActivities_lbl_4a8faa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsReceivedFromAssociatesClassifiedAsInvestingActivities_lbl_4a8faa" xml:lang="en-US">Dividends collected from associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProceedsFromLoansGranted" xlink:label="cresud_ProceedsFromLoansGranted" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProceedsFromLoansGranted" xlink:to="cresud_ProceedsFromLoansGranted_lbl_1daec9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProceedsFromLoansGranted_lbl_1daec9" xml:lang="en-US">Proceeds from loans granted</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseInLoansGranted" xlink:label="cresud_IncreaseInLoansGranted" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseInLoansGranted" xlink:to="cresud_IncreaseInLoansGranted_lbl_fc58e8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseInLoansGranted_lbl_fc58e8" xml:lang="en-US">Increase in loans granted</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl_08b6a7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl_08b6a7" xml:lang="en-US">Acquisitions of investments in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl_19" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl_19" xml:lang="en-US">[Purchase of financial instruments, classified as investing activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:to="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl_6f7adb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl_6f7adb" xml:lang="en-US">Proceeds from disposal of investments in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestAndDividendsCollectedFromFinancialAssets" xlink:label="cresud_InterestAndDividendsCollectedFromFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestAndDividendsCollectedFromFinancialAssets" xlink:to="cresud_InterestAndDividendsCollectedFromFinancialAssets_lbl_277d73" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestAndDividendsCollectedFromFinancialAssets_lbl_277d73" xml:lang="en-US">Interest received from financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProceedsFromPaymentsOfDerivativeFinancialInstruments" xlink:label="cresud_ProceedsFromPaymentsOfDerivativeFinancialInstruments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProceedsFromPaymentsOfDerivativeFinancialInstruments" xlink:to="cresud_ProceedsFromPaymentsOfDerivativeFinancialInstruments_lbl_462ef8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProceedsFromPaymentsOfDerivativeFinancialInstruments_lbl_462ef8" xml:lang="en-US">(Payments) / proceeds from derivative financial instruments, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_0c2121" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_0c2121" xml:lang="en-US">Net cash (used in) / generated from investing activities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_23" xml:lang="en-US">[Cash flows from (used in) investing activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="cresud_NetCashProvidedByUsedInFinancingActivitiesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="cresud_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl_cac2f1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl_cac2f1" xml:lang="en-US">Financing activities:</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProceedFromBorrowingsAndIssuanceOfNonConvertibleNotes" xlink:label="cresud_ProceedFromBorrowingsAndIssuanceOfNonConvertibleNotes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProceedFromBorrowingsAndIssuanceOfNonConvertibleNotes" xlink:to="cresud_ProceedFromBorrowingsAndIssuanceOfNonConvertibleNotes_lbl_c2cddd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProceedFromBorrowingsAndIssuanceOfNonConvertibleNotes_lbl_c2cddd" xml:lang="en-US">Borrowings, issuance and new placement of non-convertible notes</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl_6d617e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl_6d617e" xml:lang="en-US">Payment of borrowings and non-convertible notes</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl_26" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl_26" xml:lang="en-US">[Repayments of non-current borrowings]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ObtainingPaymentOfShortTermLoansNet" xlink:label="cresud_ObtainingPaymentOfShortTermLoansNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ObtainingPaymentOfShortTermLoansNet" xlink:to="cresud_ObtainingPaymentOfShortTermLoansNet_lbl_05d0b6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ObtainingPaymentOfShortTermLoansNet_lbl_05d0b6" xml:lang="en-US">Obtaining / (payment) of short term loans, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl_74e582" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl_74e582" xml:lang="en-US">Interest paid</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl_28" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl_28" xml:lang="en-US">[Interest paid, classified as financing activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries_lbl_0af07f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries_lbl_0af07f" xml:lang="en-US">Capital contributions from non-controlling interest in subsidiaries</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl_a241c6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl_a241c6" xml:lang="en-US">Lease liabilities paid</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl_30" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl_30" xml:lang="en-US">[Payments of lease liabilities, classified as financing activities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RepurchaseOfTreasuryShares" xlink:to="cresud_RepurchaseOfTreasuryShares_lbl_329eb8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_RepurchaseOfTreasuryShares_lbl_329eb8" xml:lang="en-US">Repurchase of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RepurchaseOfTreasuryShares" xlink:label="cresud_RepurchaseOfTreasuryShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RepurchaseOfTreasuryShares" xlink:to="cresud_RepurchaseOfTreasuryShares_lbl_31" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RepurchaseOfTreasuryShares_lbl_31" xml:lang="en-US">[Repurchase of treasury shares]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl_238bd8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl_238bd8" xml:lang="en-US">Dividends paid</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl_32" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl_32" xml:lang="en-US">[Dividends paid, classified as financing activities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_lbl_6f05be" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsForShareIssueCosts_lbl_6f05be" xml:lang="en-US">Distribution of treasury shares</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsForShareIssueCosts" xlink:label="ifrs-full_PaymentsForShareIssueCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsForShareIssueCosts" xlink:to="ifrs-full_PaymentsForShareIssueCosts_lbl_33" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsForShareIssueCosts_lbl_33" xml:lang="en-US">[Payments for share issue costs]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromExerciseOfWarrants" xlink:to="ifrs-full_ProceedsFromExerciseOfWarrants_lbl_9bc2f2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromExerciseOfWarrants_lbl_9bc2f2" xml:lang="en-US">Exercise of warrants</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromExerciseOfWarrants" xlink:label="ifrs-full_ProceedsFromExerciseOfWarrants" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromExerciseOfWarrants" xlink:to="ifrs-full_ProceedsFromExerciseOfWarrants_lbl_34" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromExerciseOfWarrants_lbl_34" xml:lang="en-US">[Proceeds from exercise of warrants]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RepurchaseOfNonConvertible" xlink:to="cresud_RepurchaseOfNonConvertible_lbl_afabf2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_RepurchaseOfNonConvertible_lbl_afabf2" xml:lang="en-US">Repurchase of non-convertible notes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RepurchaseOfNonConvertible" xlink:label="cresud_RepurchaseOfNonConvertible" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RepurchaseOfNonConvertible" xlink:to="cresud_RepurchaseOfNonConvertible_lbl_35" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RepurchaseOfNonConvertible_lbl_35" xml:lang="en-US">[Repurchase of non-convertible notes]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_aed98d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_aed98d" xml:lang="en-US">Net cash generated from / (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_36" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_36" xml:lang="en-US">[Cash flows from (used in) financing activities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl_95a190" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl_95a190" xml:lang="en-US">Net (decrease) / increase in cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl_37" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl_37" xml:lang="en-US">[Increase (decrease) in cash and cash equivalents, discontinued operations]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_c0906b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_c0906b" xml:lang="en-US">Cash and cash equivalents at the beginning of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_38" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_38" xml:lang="en-US">[Cash and cash equivalents at the beginning of the year]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignExchangeLossGainOnCashAndChangesInFairValueOfCashEquivalents" xlink:label="cresud_ForeignExchangeLossGainOnCashAndChangesInFairValueOfCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignExchangeLossGainOnCashAndChangesInFairValueOfCashEquivalents" xlink:to="cresud_ForeignExchangeLossGainOnCashAndChangesInFairValueOfCashEquivalents_lbl_504e55" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignExchangeLossGainOnCashAndChangesInFairValueOfCashEquivalents_lbl_504e55" xml:lang="en-US">Foreign exchange gain on cash and unrealized fair value result for cash equivalents</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents" xlink:to="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents_lbl_d61a6e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents_lbl_d61a6e" xml:lang="en-US">Inflation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ResultFromExposureToInflationOnCashAndCashEquivalents" xlink:label="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents" xlink:to="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents_lbl_40" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ResultFromExposureToInflationOnCashAndCashEquivalents_lbl_40" xml:lang="en-US">[Inflation adjustment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_e33831" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl_e33831" xml:lang="en-US">Cash and cash equivalents at the end of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralInformationAndTheGroupSBusinessAbstract" xlink:label="cresud_GeneralInformationAndTheGroupSBusinessAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralInformationAndTheGroupSBusinessAbstract" xlink:to="cresud_GeneralInformationAndTheGroupSBusinessAbstract_lbl_fb07e9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralInformationAndTheGroupSBusinessAbstract_lbl_fb07e9" xml:lang="en-US">General information and the Groups business</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:label="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_lbl_a359d1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_lbl_a359d1" xml:lang="en-US">General information and the Group's business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfChangesInAccountingPoliciesExplanatoryAbstract" xlink:label="cresud_DisclosureOfChangesInAccountingPoliciesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfChangesInAccountingPoliciesExplanatoryAbstract" xlink:to="cresud_DisclosureOfChangesInAccountingPoliciesExplanatoryAbstract_lbl_8dc912" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfChangesInAccountingPoliciesExplanatoryAbstract_lbl_8dc912" xml:lang="en-US">Summary of material accounting policies</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory" xlink:label="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfChangesInAccountingPoliciesExplanatory_lbl_f9e50a" xml:lang="en-US">Summary of significant accounting policies</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfAccountingJudgementsAndEstimatesExplanatoryAbstract" xlink:label="cresud_DisclosureOfAccountingJudgementsAndEstimatesExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfAccountingJudgementsAndEstimatesExplanatoryAbstract_lbl_7f40e0" xml:lang="en-US">Significant judgments key assumptions and estimates</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl_ba0ef5" xml:lang="en-US">Significant judgments, key assumptions and estimates</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsAbstract_lbl_9d9914" xml:lang="en-US">Acquisitions and disposals</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl_6931bf" xml:lang="en-US">Acquisitions and disposals</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl_2" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialRiskManagementAndFairValueEstimatesAbstract" xlink:label="cresud_FinancialRiskManagementAndFairValueEstimatesAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialRiskManagementAndFairValueEstimatesAbstract_lbl_9e409d" xml:lang="en-US">Financial risk management and fair value estimates</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl_9fa50c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl_9fa50c" xml:lang="en-US">Financial risk management and fair value estimates</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl_2" xml:lang="en-US">Disclosure of financial risk management [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:label="ifrs-full_DisclosureOfAdditionalInformationExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAdditionalInformationExplanatory_lbl_173d94" xml:lang="en-US">Segment information</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl_678be0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl_678be0" xml:lang="en-US">Segment information</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl_2" xml:lang="en-US">Disclosure of operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatoryAbstract" xlink:label="cresud_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatoryAbstract" xlink:to="cresud_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatoryAbstract_lbl_822bef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfAdditionalInformationAboutDefinedBenefitPlansExplanatoryAbstract_lbl_822bef" xml:lang="en-US">Information about the main subsidiaries</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl_52665a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl_52665a" xml:lang="en-US">Information about the main subsidiaries</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_lbl_2" xml:lang="en-US">Disclosure of subsidiaries [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInAssociatesAndJointVenturesAbstract" xlink:label="cresud_InvestmentsInAssociatesAndJointVenturesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInAssociatesAndJointVenturesAbstract" xlink:to="cresud_InvestmentsInAssociatesAndJointVenturesAbstract_lbl_108799" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInAssociatesAndJointVenturesAbstract_lbl_108799" xml:lang="en-US">Investments in associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory_lbl_4856c9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory_lbl_4856c9" xml:lang="en-US">Investments in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory_lbl_2" xml:lang="en-US">Disclosure of associates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfInvestmentPropertiesExplanatoryAbstract" xlink:label="cresud_DisclosureOfInvestmentPropertiesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfInvestmentPropertiesExplanatoryAbstract" xlink:to="cresud_DisclosureOfInvestmentPropertiesExplanatoryAbstract_lbl_87dd04" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfInvestmentPropertiesExplanatoryAbstract_lbl_87dd04" xml:lang="en-US">Investment properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:to="ifrs-full_DisclosureOfInvestmentPropertyExplanatory_lbl_8cf2f9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyExplanatory_lbl_8cf2f9" xml:lang="en-US">Investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:to="ifrs-full_DisclosureOfInvestmentPropertyExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyExplanatory_lbl_2" xml:lang="en-US">Disclosure of investment property [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl_92e381" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl_92e381" xml:lang="en-US">Property plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl_fc75c4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl_fc75c4" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl_2" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfTradingPropertiesAbstract" xlink:label="cresud_DisclosureOfTradingPropertiesAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfTradingPropertiesAbstract_lbl_2b1017" xml:lang="en-US">Trading properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory_lbl_02ab7b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory_lbl_02ab7b" xml:lang="en-US">Trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradingIncomeExpenseExplanatory_lbl_2" xml:lang="en-US">Disclosure of trading income (expense) [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfIntangibleAssetsExplanatoryAbstract" xlink:label="cresud_DisclosureOfIntangibleAssetsExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfIntangibleAssetsExplanatoryAbstract" xlink:to="cresud_DisclosureOfIntangibleAssetsExplanatoryAbstract_lbl_f95354" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfIntangibleAssetsExplanatoryAbstract_lbl_f95354" xml:lang="en-US">Intangible assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl_0ead57" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl_0ead57" xml:lang="en-US">Intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl_2" xml:lang="en-US">Disclosure of intangible assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl_b33e4e" xml:lang="en-US">Rights of use of assets and lease liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl_e9fd9d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl_e9fd9d" xml:lang="en-US">Rights of use of assets and lease liabilities</link:label>
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    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfInventoriesExplanatoryAbstract" xlink:label="cresud_DisclosureOfInventoriesExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfInventoriesExplanatoryAbstract_lbl_6d0345" xml:lang="en-US">Inventories</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_lbl_b902a8" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="ifrs-full_DisclosureOfInventoriesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_lbl_2" xml:lang="en-US">Disclosure of inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfFinancialInstrumentsExplanatoryAbstract" xlink:label="cresud_DisclosureOfFinancialInstrumentsExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfFinancialInstrumentsExplanatoryAbstract_lbl_304989" xml:lang="en-US">Financial instruments by category</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl_465859" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl_465859" xml:lang="en-US">Financial instruments by category</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl_2" xml:lang="en-US">Disclosure of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="ifrs-full_TradeAndOtherReceivablesAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivablesAbstract" xlink:to="ifrs-full_TradeAndOtherReceivablesAbstract_lbl_4061af" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherReceivablesAbstract_lbl_4061af" xml:lang="en-US">Trade and other receivables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl_daa04a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl_daa04a" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl_2" xml:lang="en-US">Disclosure of trade and other receivables [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfAdditionalInformationExplanatoryAbstract" xlink:label="cresud_DisclosureOfAdditionalInformationExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfAdditionalInformationExplanatoryAbstract_lbl_4d704a" xml:lang="en-US">Cash flow information</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl_ee8956" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl_ee8956" xml:lang="en-US">Cash flow information</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl_2" xml:lang="en-US">Disclosure of cash flow statement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatoryAbstract" xlink:label="cresud_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatoryAbstract" xlink:to="cresud_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatoryAbstract_lbl_f75a17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatoryAbstract_lbl_f75a17" xml:lang="en-US">Shareholders Equity</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl_df9da1" xml:lang="en-US">Shareholders' Equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatoryAbstract" xlink:label="cresud_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatoryAbstract" xlink:to="cresud_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatoryAbstract_lbl_ff3ccd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatoryAbstract_lbl_ff3ccd" xml:lang="en-US">Trade and other payables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl_3f8527" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl_3f8527" xml:lang="en-US">Trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl_2" xml:lang="en-US">Disclosure of trade and other payables [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionsAbstract" xlink:label="ifrs-full_ProvisionsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionsAbstract" xlink:to="ifrs-full_ProvisionsAbstract_lbl_065427" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionsAbstract_lbl_065427" xml:lang="en-US">Provisions</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfProvisionsExplanatory_lbl_f4f3f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory_lbl_f4f3f5" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProvisionsExplanatory" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfProvisionsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory_lbl_2" xml:lang="en-US">Disclosure of provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfBorrowingCostsExplanatoryAbstract" xlink:label="cresud_DisclosureOfBorrowingCostsExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfBorrowingCostsExplanatoryAbstract_lbl_2218f2" xml:lang="en-US">Borrowings</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl_4b1c52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl_4b1c52" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl_2" xml:lang="en-US">Disclosure of borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfIncomeTaxExplanatoryAbstract" xlink:label="cresud_DisclosureOfIncomeTaxExplanatoryAbstract" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfIncomeTaxExplanatoryAbstract_lbl_df1dea" xml:lang="en-US">Taxes</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl_40693d" xml:lang="en-US">Taxes</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl_2" xml:lang="en-US">Disclosure of income tax [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfLeasesExplanatoryAbstract" xlink:label="cresud_DisclosureOfLeasesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfLeasesExplanatoryAbstract" xlink:to="cresud_DisclosureOfLeasesExplanatoryAbstract_lbl_2f3432" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfLeasesExplanatoryAbstract_lbl_2f3432" xml:lang="en-US">Leases</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl_8a1711" xml:lang="en-US">Leases</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl_2" xml:lang="en-US">Disclosure of leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfRevenueExplanatoryAbstract" xlink:label="cresud_DisclosureOfRevenueExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfRevenueExplanatoryAbstract" xlink:to="cresud_DisclosureOfRevenueExplanatoryAbstract_lbl_51419a" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl_268bbd" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRevenueExplanatory" xlink:to="ifrs-full_DisclosureOfRevenueExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl_2" xml:lang="en-US">Disclosure of revenue [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfCostOfSalesExplanatoryAbstract" xlink:label="cresud_DisclosureOfCostOfSalesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfCostOfSalesExplanatoryAbstract" xlink:to="cresud_DisclosureOfCostOfSalesExplanatoryAbstract_lbl_f137d2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfCostOfSalesExplanatoryAbstract_lbl_f137d2" xml:lang="en-US">Costs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:to="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl_a8f4e2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl_a8f4e2" xml:lang="en-US">Costs</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:to="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl_2" xml:lang="en-US">Disclosure of cost of sales [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfExpensesByNatureExplanatoryAbstract" xlink:label="cresud_DisclosureOfExpensesByNatureExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfExpensesByNatureExplanatoryAbstract" xlink:to="cresud_DisclosureOfExpensesByNatureExplanatoryAbstract_lbl_4ecd1c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfExpensesByNatureExplanatoryAbstract_lbl_4ecd1c" xml:lang="en-US">Expenses by nature</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:to="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl_82e846" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl_82e846" xml:lang="en-US">Expenses by nature</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:to="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl_2" xml:lang="en-US">Disclosure of expenses by nature [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfOtherOperatingIncomeExplanatoryAbstract" xlink:label="cresud_DisclosureOfOtherOperatingIncomeExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfOtherOperatingIncomeExplanatoryAbstract" xlink:to="cresud_DisclosureOfOtherOperatingIncomeExplanatoryAbstract_lbl_08319a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfOtherOperatingIncomeExplanatoryAbstract_lbl_08319a" xml:lang="en-US">Other operating results, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl_81bdc6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl_81bdc6" xml:lang="en-US">Other operating results, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl_2" xml:lang="en-US">Disclosure of other operating expense [text block]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialAssetsExplanatory_lbl_3152dc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfFinancialAssetsExplanatory_lbl_3152dc" xml:lang="en-US">Financial results, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialAssetsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialAssetsExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsExplanatory_lbl_2" xml:lang="en-US">Disclosure of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EarningsPerShareExplanatoryAbstract" xlink:label="cresud_EarningsPerShareExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EarningsPerShareExplanatoryAbstract" xlink:to="cresud_EarningsPerShareExplanatoryAbstract_lbl_e24023" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EarningsPerShareExplanatoryAbstract_lbl_e24023" xml:lang="en-US">Earnings per share</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl_471f40" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl_471f40" xml:lang="en-US">Earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl_2" xml:lang="en-US">Disclosure of earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfEmployeeBenefitsExplanatoryAbstract" xlink:label="cresud_DisclosureOfEmployeeBenefitsExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfEmployeeBenefitsExplanatoryAbstract" xlink:to="cresud_DisclosureOfEmployeeBenefitsExplanatoryAbstract_lbl_df296c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfEmployeeBenefitsExplanatoryAbstract_lbl_df296c" xml:lang="en-US">Employee benefits and sharebased payments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl_3a6f48" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl_3a6f48" xml:lang="en-US">Employee benefits and share-based payments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatoryAbstract" xlink:label="cresud_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatoryAbstract" xlink:to="cresud_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatoryAbstract_lbl_b1ed21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatoryAbstract_lbl_b1ed21" xml:lang="en-US">Related party transactions</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl_3659d6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl_3659d6" xml:lang="en-US">Related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl_2" xml:lang="en-US">Disclosure of transactions between related parties [text block]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory" xlink:to="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_2ced44" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_2ced44" xml:lang="en-US">Cost of goods sold and services provided</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory" xlink:label="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory" xlink:to="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_2" xml:lang="en-US">[Cost of goods sold and services provided]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_lbl_f0f3d8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_lbl_f0f3d8" xml:lang="en-US">Foreign currency assets and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:label="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_lbl_2" xml:lang="en-US">Disclosure of other non-current liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfGoodwillNotAllocatedToCashgeneratingUnitExplanatoryAbstract" xlink:label="cresud_DisclosureOfGoodwillNotAllocatedToCashgeneratingUnitExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfGoodwillNotAllocatedToCashgeneratingUnitExplanatoryAbstract" xlink:to="cresud_DisclosureOfGoodwillNotAllocatedToCashgeneratingUnitExplanatoryAbstract_lbl_c8ed48" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfGoodwillNotAllocatedToCashgeneratingUnitExplanatoryAbstract_lbl_c8ed48" xml:lang="en-US">CNV General Resolution N 62213</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfCnvGeneralResolutionExplanatory" xlink:label="cresud_DisclosureOfCnvGeneralResolutionExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfCnvGeneralResolutionExplanatory" xlink:to="cresud_DisclosureOfCnvGeneralResolutionExplanatory_lbl_b04c91" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfCnvGeneralResolutionExplanatory_lbl_b04c91" xml:lang="en-US">CNV General Resolution N 622/13</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfAnalysisOfInsuranceRevenueExplanatoryAbstract" xlink:label="cresud_DisclosureOfAnalysisOfInsuranceRevenueExplanatoryAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfAnalysisOfInsuranceRevenueExplanatoryAbstract" xlink:to="cresud_DisclosureOfAnalysisOfInsuranceRevenueExplanatoryAbstract_lbl_ae3176" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfAnalysisOfInsuranceRevenueExplanatoryAbstract_lbl_ae3176" xml:lang="en-US">Relevant events of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory" xlink:to="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory_lbl_200352" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory_lbl_200352" xml:lang="en-US">Relevant events of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfRelevantEventsOfTheYearExplanatory" xlink:label="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory" xlink:to="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfRelevantEventsOfTheYearExplanatory_lbl_2" xml:lang="en-US">[Relevant events of the year]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubsequentEventsAbstract" xlink:label="cresud_SubsequentEventsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubsequentEventsAbstract" xlink:to="cresud_SubsequentEventsAbstract_lbl_637b92" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubsequentEventsAbstract_lbl_637b92" xml:lang="en-US">Subsequent events</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl_b91dbe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl_b91dbe" xml:lang="en-US">Subsequent events</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl_2" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfAccountingPolicyForBasisOfPreparationOfTheConsolidatedFinancialStatementExplanatory" xlink:label="cresud_DescriptionOfAccountingPolicyForBasisOfPreparationOfTheConsolidatedFinancialStatementExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAccountingPolicyForBasisOfPreparationOfTheConsolidatedFinancialStatementExplanatory" xlink:to="cresud_DescriptionOfAccountingPolicyForBasisOfPreparationOfTheConsolidatedFinancialStatementExplanatory_lbl_e4e80d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfAccountingPolicyForBasisOfPreparationOfTheConsolidatedFinancialStatementExplanatory_lbl_e4e80d" xml:lang="en-US">Basis of preparation of the Consolidated Financial Statement</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:label="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory_lbl_694d86" xml:lang="en-US">Investment properties</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_lbl_27c1df" xml:lang="en-US">Property, plant and equipment</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_lbl_8" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl_389177" xml:lang="en-US">Leases</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_lbl_9" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_lbl_403221" xml:lang="en-US">Intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_lbl_10" xml:lang="en-US">Description of accounting policy for intangible assets and goodwill [text block]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory_lbl_524799" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory_lbl_524799" xml:lang="en-US">Trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory_lbl_11" xml:lang="en-US">Description of accounting policy for trading income and expense [text block]</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_lbl_36d3b7" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_lbl_12" xml:lang="en-US">Description of accounting policy for measuring inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBiologicalAssetsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBiologicalAssetsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBiologicalAssetsExplanatory_lbl_0d7090" xml:lang="en-US">Biological assets and agriculture produce at the point of harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl_89f895" xml:lang="en-US">Financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl_8a838f" xml:lang="en-US">Derivative financial instruments and options</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForAvailableforsaleFinancialAssetsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForAvailableforsaleFinancialAssetsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForAvailableforsaleFinancialAssetsExplanatory_lbl_1de8e3" xml:lang="en-US">Groups of assets and liabilities held for sale</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl_7bdecd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl_7bdecd" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl_17" xml:lang="en-US">Description of accounting policy for trade and other receivables [text block]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_lbl_901b88" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_lbl_901b88" xml:lang="en-US">Trade and other payables</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_lbl_18" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_lbl_18" xml:lang="en-US">Description of accounting policy for trade and other payables [text block]</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory_lbl_b4aae3" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory_lbl_19" xml:lang="en-US">Description of accounting policy for borrowings [text block]</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl_55e5ad" xml:lang="en-US">Provisions</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl_20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl_20" xml:lang="en-US">Description of accounting policy for provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_lbl_5c3500" xml:lang="en-US">Employee benefits</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl_3c8fba" xml:lang="en-US">Current income tax and deferred income tax</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl_7fd68b" xml:lang="en-US">Cash and cash equivalents</link:label>
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl_23" xml:lang="en-US">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl_178473" xml:lang="en-US">Revenue recognition</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfAccountingPolicyForCostOFSalesExplanatory" xlink:label="cresud_DescriptionOfAccountingPolicyForCostOFSalesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAccountingPolicyForCostOFSalesExplanatory" xlink:to="cresud_DescriptionOfAccountingPolicyForCostOFSalesExplanatory_lbl_ab4a26" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfAccountingPolicyForCostOFSalesExplanatory_lbl_ab4a26" xml:lang="en-US">Cost of sales</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_lbl_e29b9c" xml:lang="en-US">Cost of borrowings and capitalization</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xlink:to="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory_lbl_525a13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory_lbl_525a13" xml:lang="en-US">Share capital</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xlink:label="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xlink:to="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory_lbl_27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfAccountingPolicyForShareCapitalExplanatory_lbl_27" xml:lang="en-US">[Share capital]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfAccountingPolicyForComparabilityOfInformationExplanatory" xlink:label="cresud_DescriptionOfAccountingPolicyForComparabilityOfInformationExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAccountingPolicyForComparabilityOfInformationExplanatory" xlink:to="cresud_DescriptionOfAccountingPolicyForComparabilityOfInformationExplanatory_lbl_3230cc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfAccountingPolicyForComparabilityOfInformationExplanatory_lbl_3230cc" xml:lang="en-US">Comparability of information</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutEvolutionInRelevantInflationExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutEvolutionInRelevantInflationExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutEvolutionInRelevantInflationExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutEvolutionInRelevantInflationExplanatory_lbl_5a628b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutEvolutionInRelevantInflationExplanatory_lbl_5a628b" xml:lang="en-US">Schedule of evolution in relevant inflation</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsAdoptedExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsAdoptedExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsAdoptedExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsAdoptedExplanatory_lbl_a32312" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsAdoptedExplanatory_lbl_a32312" xml:lang="en-US">Schedule of new accounting standards and amendments adopted</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsNotYetAdoptedExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsNotYetAdoptedExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsNotYetAdoptedExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsNotYetAdoptedExplanatory_lbl_e95088" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutNewAccountingStandardAndAmendmentsNotYetAdoptedExplanatory_lbl_e95088" xml:lang="en-US">Schedule of new accounting standards and amendments not yet adopted</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutPrincipalSubsdiariesAndOtherInvesteesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsdiariesAndOtherInvesteesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsdiariesAndOtherInvesteesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsdiariesAndOtherInvesteesExplanatory_lbl_0edf02" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsdiariesAndOtherInvesteesExplanatory_lbl_0edf02" xml:lang="en-US">Schedule of principal subsidiaries and other investees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutUsefulLifeOfPropertyPlantAndEquipmentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutUsefulLifeOfPropertyPlantAndEquipmentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutUsefulLifeOfPropertyPlantAndEquipmentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutUsefulLifeOfPropertyPlantAndEquipmentExplanatory_lbl_647aaa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutUsefulLifeOfPropertyPlantAndEquipmentExplanatory_lbl_647aaa" xml:lang="en-US">Schedule of useful life of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="ifrs-full_BusinessCombinationsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsAxis" xlink:to="ifrs-full_BusinessCombinationsAxis_lbl_b02cdf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl_b02cdf" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LosGallegosMember" xlink:label="cresud_LosGallegosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LosGallegosMember" xlink:to="cresud_LosGallegosMember_lbl_a88674" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LosGallegosMember_lbl_a88674" xml:lang="en-US">Los Gallegos Member</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAcquisitionConsiderationTransferredExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAcquisitionConsiderationTransferredExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAcquisitionConsiderationTransferredExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAcquisitionConsiderationTransferredExplanatory_lbl_e6d13f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAcquisitionConsiderationTransferredExplanatory_lbl_e6d13f" xml:lang="en-US">Schedule of acquisition consideration transferred</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutIdentifiableNetAssetsExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutIdentifiableNetAssetsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutIdentifiableNetAssetsExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutIdentifiableNetAssetsExplanatory_lbl_d87d45" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutIdentifiableNetAssetsExplanatory_lbl_d87d45" xml:lang="en-US">Schedule of identifiable net assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAcquiredReceivablesAxis" xlink:label="ifrs-full_ClassesOfAcquiredReceivablesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAcquiredReceivablesAxis" xlink:to="ifrs-full_ClassesOfAcquiredReceivablesAxis_lbl_4b87df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAcquiredReceivablesAxis_lbl_4b87df" xml:lang="en-US">Classes of acquired receivables [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis" xlink:label="ifrs-full_SegmentsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_lbl_92a44c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsAxis_lbl_92a44c" xml:lang="en-US">Segments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalBusinessMember" xlink:label="cresud_AgriculturalBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalBusinessMember" xlink:to="cresud_AgriculturalBusinessMember_lbl_1e57a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalBusinessMember_lbl_1e57a1" xml:lang="en-US">Agricultural Business [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrbanPropertiesAndInvestmentBusinessMember" xlink:label="cresud_UrbanPropertiesAndInvestmentBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertiesAndInvestmentBusinessMember" xlink:to="cresud_UrbanPropertiesAndInvestmentBusinessMember_lbl_eabdad" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrbanPropertiesAndInvestmentBusinessMember_lbl_eabdad" xml:lang="en-US">Urban Properties And Investment Business [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCapitalStructureOfTheGroupExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCapitalStructureOfTheGroupExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCapitalStructureOfTheGroupExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCapitalStructureOfTheGroupExplanatory_lbl_b05cea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCapitalStructureOfTheGroupExplanatory_lbl_b05cea" xml:lang="en-US">Schedule of capital structure of the group</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutOutstandingPositionForEachTypeOfDerivativeContractExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutOutstandingPositionForEachTypeOfDerivativeContractExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutOutstandingPositionForEachTypeOfDerivativeContractExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutOutstandingPositionForEachTypeOfDerivativeContractExplanatory_lbl_906c4b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutOutstandingPositionForEachTypeOfDerivativeContractExplanatory_lbl_906c4b" xml:lang="en-US">Schedule of outstanding position for each type of derivative contract</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutKeyMetricsUsedToManageCapitalExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutKeyMetricsUsedToManageCapitalExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutKeyMetricsUsedToManageCapitalExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutKeyMetricsUsedToManageCapitalExplanatory_lbl_be79a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutKeyMetricsUsedToManageCapitalExplanatory_lbl_be79a2" xml:lang="en-US">Schedule of key metrics used to manage capital</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAnalysisOfLinesOfBusinessExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAnalysisOfLinesOfBusinessExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAnalysisOfLinesOfBusinessExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAnalysisOfLinesOfBusinessExplanatory_lbl_c9ca08" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAnalysisOfLinesOfBusinessExplanatory_lbl_c9ca08" xml:lang="en-US">Schedule of analysis of lines of business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutReportableSegmentsOfTheAgricultureLineOfBusinessExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutReportableSegmentsOfTheAgricultureLineOfBusinessExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutReportableSegmentsOfTheAgricultureLineOfBusinessExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutReportableSegmentsOfTheAgricultureLineOfBusinessExplanatory_lbl_71b4c3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutReportableSegmentsOfTheAgricultureLineOfBusinessExplanatory_lbl_71b4c3" xml:lang="en-US">Schedule of reportable segments of the agriculture line of business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAnalysisOfUrbanPropertiesAndInvestmentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAnalysisOfUrbanPropertiesAndInvestmentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAnalysisOfUrbanPropertiesAndInvestmentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAnalysisOfUrbanPropertiesAndInvestmentExplanatory_lbl_445d64" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAnalysisOfUrbanPropertiesAndInvestmentExplanatory_lbl_445d64" xml:lang="en-US">Summary of analysis of urban properties and investments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutPrincipalSubsidiariesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsidiariesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsidiariesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsidiariesExplanatory_lbl_57008c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutPrincipalSubsidiariesExplanatory_lbl_57008c" xml:lang="en-US">Schedule of information about principal subsidiaries</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutInvestmentInAssociatesAndJointVenturesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutInvestmentInAssociatesAndJointVenturesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutInvestmentInAssociatesAndJointVenturesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutInvestmentInAssociatesAndJointVenturesExplanatory_lbl_375502" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutInvestmentInAssociatesAndJointVenturesExplanatory_lbl_375502" xml:lang="en-US">Schedule of investments in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutResultOfAssociatesAndJointVentureExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutResultOfAssociatesAndJointVentureExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutResultOfAssociatesAndJointVentureExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutResultOfAssociatesAndJointVentureExplanatory_lbl_43b13a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutResultOfAssociatesAndJointVentureExplanatory_lbl_43b13a" xml:lang="en-US">Schedule of result of associates and joint venture</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAdditionalInformationOfGroupInvestmentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAdditionalInformationOfGroupInvestmentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAdditionalInformationOfGroupInvestmentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAdditionalInformationOfGroupInvestmentExplanatory_lbl_06bdbb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAdditionalInformationOfGroupInvestmentExplanatory_lbl_06bdbb" xml:lang="en-US">Schedule of additional information of group investment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutFinancialInformationOfTheAssociatesAndJointVenturesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutFinancialInformationOfTheAssociatesAndJointVenturesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutFinancialInformationOfTheAssociatesAndJointVenturesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutFinancialInformationOfTheAssociatesAndJointVenturesExplanatory_lbl_38dcce" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutFinancialInformationOfTheAssociatesAndJointVenturesExplanatory_lbl_38dcce" xml:lang="en-US">Summary of financial information of the associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutChangesInInvestmentPropertiesClassifiedByFairValueHierarchyExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInInvestmentPropertiesClassifiedByFairValueHierarchyExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutChangesInInvestmentPropertiesClassifiedByFairValueHierarchyExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutChangesInInvestmentPropertiesClassifiedByFairValueHierarchyExplanatory_lbl_fb7cd8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInInvestmentPropertiesClassifiedByFairValueHierarchyExplanatory_lbl_fb7cd8" xml:lang="en-US">Schedule of changes in investment properties classified by fair value hierarchy</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBalanceByTypeInvestmentPropertyExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBalanceByTypeInvestmentPropertyExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBalanceByTypeInvestmentPropertyExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBalanceByTypeInvestmentPropertyExplanatory_lbl_b95419" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBalanceByTypeInvestmentPropertyExplanatory_lbl_b95419" xml:lang="en-US">Schedule of balance by type of investment property</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRestrictedToSecureTradeAndOtherPayablesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRestrictedToSecureTradeAndOtherPayablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRestrictedToSecureTradeAndOtherPayablesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRestrictedToSecureTradeAndOtherPayablesExplanatory_lbl_7bb193" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRestrictedToSecureTradeAndOtherPayablesExplanatory_lbl_7bb193" xml:lang="en-US">Schedule of restricted to secure trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAmountRecognizedInTheStatementOfIncomeExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAmountRecognizedInTheStatementOfIncomeExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAmountRecognizedInTheStatementOfIncomeExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAmountRecognizedInTheStatementOfIncomeExplanatory_lbl_d70d3e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAmountRecognizedInTheStatementOfIncomeExplanatory_lbl_d70d3e" xml:lang="en-US">Schedule of amount recognized in the statements of ncome</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutFairValueMeasurementOfInvestmentPropertiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutFairValueMeasurementOfInvestmentPropertiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutFairValueMeasurementOfInvestmentPropertiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutFairValueMeasurementOfInvestmentPropertiesExplanatory_lbl_ad6080" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutFairValueMeasurementOfInvestmentPropertiesExplanatory_lbl_ad6080" xml:lang="en-US">Schedule of fair value measurements of investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl_3fce22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl_3fce22" xml:lang="en-US">Schedule of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutTradingPropertiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradingPropertiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutTradingPropertiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutTradingPropertiesExplanatory_lbl_e1da29" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradingPropertiesExplanatory_lbl_e1da29" xml:lang="en-US">Schedule of trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl_41a1b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl_41a1b7" xml:lang="en-US">Schedule of intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCompositionOfTheRightsOfTheGroupsAssetExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCompositionOfTheRightsOfTheGroupsAssetExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCompositionOfTheRightsOfTheGroupsAssetExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCompositionOfTheRightsOfTheGroupsAssetExplanatory_lbl_1ad76e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCompositionOfTheRightsOfTheGroupsAssetExplanatory_lbl_1ad76e" xml:lang="en-US">Schedule of the composition of the rights of the groups assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutChangesInTheGroupsRightsOfUseExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInTheGroupsRightsOfUseExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutChangesInTheGroupsRightsOfUseExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutChangesInTheGroupsRightsOfUseExplanatory_lbl_6b5fae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInTheGroupsRightsOfUseExplanatory_lbl_6b5fae" xml:lang="en-US">Schedule of changes in the groups rights of use</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutDepreciationChargeForRightsOfUseExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutDepreciationChargeForRightsOfUseExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutDepreciationChargeForRightsOfUseExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutDepreciationChargeForRightsOfUseExplanatory_lbl_6f4312" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutDepreciationChargeForRightsOfUseExplanatory_lbl_6f4312" xml:lang="en-US">Schedule of depreciation charge for rights of use</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutOtherChargesToIncomeRelatedToRightsOfUSeExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutOtherChargesToIncomeRelatedToRightsOfUSeExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutOtherChargesToIncomeRelatedToRightsOfUSeExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutOtherChargesToIncomeRelatedToRightsOfUSeExplanatory_lbl_ab4f5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutOtherChargesToIncomeRelatedToRightsOfUSeExplanatory_lbl_ab4f5e" xml:lang="en-US">Schedule of other charges to income related to rights of use</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCompositionOfGroupsLeaseLiabilitiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCompositionOfGroupsLeaseLiabilitiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCompositionOfGroupsLeaseLiabilitiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCompositionOfGroupsLeaseLiabilitiesExplanatory_lbl_198eee" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCompositionOfGroupsLeaseLiabilitiesExplanatory_lbl_198eee" xml:lang="en-US">Schedule of composition of groups lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ScheduleOfDetailedInformationAboutBiologicalAssetsExplanatory" xlink:label="cresud_ScheduleOfDetailedInformationAboutBiologicalAssetsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ScheduleOfDetailedInformationAboutBiologicalAssetsExplanatory" xlink:to="cresud_ScheduleOfDetailedInformationAboutBiologicalAssetsExplanatory_lbl_b8cc0b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ScheduleOfDetailedInformationAboutBiologicalAssetsExplanatory_lbl_b8cc0b" xml:lang="en-US">Schedule of changes in biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutPresentsMainParametersExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutPresentsMainParametersExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutPresentsMainParametersExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutPresentsMainParametersExplanatory_lbl_09ef25" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutPresentsMainParametersExplanatory_lbl_09ef25" xml:lang="en-US">Schedule of presents main parameters</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCapitalizedCostOfProductionExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCapitalizedCostOfProductionExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCapitalizedCostOfProductionExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCapitalizedCostOfProductionExplanatory_lbl_21f618" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCapitalizedCostOfProductionExplanatory_lbl_21f618" xml:lang="en-US">Schedule of capitalized cost of production</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutInventoriesExplanatory_lbl_5ad741" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutInventoriesExplanatory_lbl_5ad741" xml:lang="en-US">Schedule of inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl_0b6f70" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl_0b6f70" xml:lang="en-US">Schedule of financial assets and financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRecognizedBookValueOfFinancialInstrumentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedBookValueOfFinancialInstrumentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRecognizedBookValueOfFinancialInstrumentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRecognizedBookValueOfFinancialInstrumentExplanatory_lbl_6a7ee4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedBookValueOfFinancialInstrumentExplanatory_lbl_6a7ee4" xml:lang="en-US">Schedule of recognized book value of financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutIncomeExpenseGainsLossesOnFinancialInstrumentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutIncomeExpenseGainsLossesOnFinancialInstrumentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutIncomeExpenseGainsLossesOnFinancialInstrumentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutIncomeExpenseGainsLossesOnFinancialInstrumentExplanatory_lbl_3d05dd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutIncomeExpenseGainsLossesOnFinancialInstrumentExplanatory_lbl_3d05dd" xml:lang="en-US">Schedule of income, expense, gains and losses on financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutChangesInLevelThreeFinancialInstrumentExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInLevelThreeFinancialInstrumentExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutChangesInLevelThreeFinancialInstrumentExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutChangesInLevelThreeFinancialInstrumentExplanatory_lbl_5f79f7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutChangesInLevelThreeFinancialInstrumentExplanatory_lbl_5f79f7" xml:lang="en-US">Schedule of changes in Level 3 financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRangeOfValuationModelForTheMeasurementOfLevelTwoAndLevelThreeInstrumentsExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRangeOfValuationModelForTheMeasurementOfLevelTwoAndLevelThreeInstrumentsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRangeOfValuationModelForTheMeasurementOfLevelTwoAndLevelThreeInstrumentsExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRangeOfValuationModelForTheMeasurementOfLevelTwoAndLevelThreeInstrumentsExplanatory_lbl_984f4a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRangeOfValuationModelForTheMeasurementOfLevelTwoAndLevelThreeInstrumentsExplanatory_lbl_984f4a" xml:lang="en-US">Schedule of range of valuation models for the measurement of Level 2 and Level 3 instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory_lbl_c026c4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory_lbl_c026c4" xml:lang="en-US">Schedule of trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutAllowanceForDoubtfulAccountExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutAllowanceForDoubtfulAccountExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutAllowanceForDoubtfulAccountExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutAllowanceForDoubtfulAccountExplanatory_lbl_419ee8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutAllowanceForDoubtfulAccountExplanatory_lbl_419ee8" xml:lang="en-US">Schedule of allowance for doubtful accounts</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBiologicalAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBiologicalAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBiologicalAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBiologicalAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_lbl_b5c532" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBiologicalAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_lbl_b5c532" xml:lang="en-US">Schedule of aging analysis of past due unimpaired and impaired receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutGeneratedCashFlowExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutGeneratedCashFlowExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutGeneratedCashFlowExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutGeneratedCashFlowExplanatory_lbl_ba2dd8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutGeneratedCashFlowExplanatory_lbl_ba2dd8" xml:lang="en-US">Schedule of generated cash flows</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRecognizedBalancesAsPartOfBusinessCombinationExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedBalancesAsPartOfBusinessCombinationExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRecognizedBalancesAsPartOfBusinessCombinationExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRecognizedBalancesAsPartOfBusinessCombinationExplanatory_lbl_18c477" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedBalancesAsPartOfBusinessCombinationExplanatory_lbl_18c477" xml:lang="en-US">Schedule of recognized balances as part of business combination</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutSignificantNonCashTransactionExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutSignificantNonCashTransactionExplanatory" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutSignificantNonCashTransactionExplanatory_lbl_ce7850" xml:lang="en-US">Schedule of significant non-cash transactions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory_lbl_ec39f0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory_lbl_ec39f0" xml:lang="en-US">Schedule of trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutProvisionExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutProvisionExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutProvisionExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutProvisionExplanatory_lbl_078b52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutProvisionExplanatory_lbl_078b52" xml:lang="en-US">Schedule of provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl_4f4368" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl_4f4368" xml:lang="en-US">Schedule of borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutMaturityOfTheGroupsBorrowingExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutMaturityOfTheGroupsBorrowingExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutMaturityOfTheGroupsBorrowingExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutMaturityOfTheGroupsBorrowingExplanatory_lbl_28adc6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutMaturityOfTheGroupsBorrowingExplanatory_lbl_28adc6" xml:lang="en-US">Schedule of maturity of the groups borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutReconcilationOfBorrowingExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationOfBorrowingExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutReconcilationOfBorrowingExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutReconcilationOfBorrowingExplanatory_lbl_920519" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationOfBorrowingExplanatory_lbl_920519" xml:lang="en-US">Schedule of reconcilation of borrowing</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBorrowingByTypeFixedRateAndFloatingRateExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBorrowingByTypeFixedRateAndFloatingRateExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBorrowingByTypeFixedRateAndFloatingRateExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBorrowingByTypeFixedRateAndFloatingRateExplanatory_lbl_31a306" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBorrowingByTypeFixedRateAndFloatingRateExplanatory_lbl_31a306" xml:lang="en-US">Schedule of borrowing by type of fixed-rate and floating-rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutDebtIssuancesMadeByGroupExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutDebtIssuancesMadeByGroupExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutDebtIssuancesMadeByGroupExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutDebtIssuancesMadeByGroupExplanatory_lbl_c42020" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutDebtIssuancesMadeByGroupExplanatory_lbl_c42020" xml:lang="en-US">Summary of debt issuances made by group</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutIncomeTaxExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutIncomeTaxExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutIncomeTaxExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutIncomeTaxExplanatory_lbl_006421" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutIncomeTaxExplanatory_lbl_006421" xml:lang="en-US">Schedule of income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutStatutoryTaxRatesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutStatutoryTaxRatesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutStatutoryTaxRatesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutStatutoryTaxRatesExplanatory_lbl_51040e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutStatutoryTaxRatesExplanatory_lbl_51040e" xml:lang="en-US">Schedule of statutory tax rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutReconcilationBetweenIncomeTaxExpenseAndCalculatedTaxExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationBetweenIncomeTaxExpenseAndCalculatedTaxExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutReconcilationBetweenIncomeTaxExpenseAndCalculatedTaxExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutReconcilationBetweenIncomeTaxExpenseAndCalculatedTaxExplanatory_lbl_9f8aa2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationBetweenIncomeTaxExpenseAndCalculatedTaxExplanatory_lbl_9f8aa2" xml:lang="en-US">Schedule of reconcilation between income tax expense and calculated tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory_lbl_f39be7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory_lbl_f39be7" xml:lang="en-US">Schedule of deferred tax assets and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRecognizedTaxLossCarryForwardExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedTaxLossCarryForwardExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRecognizedTaxLossCarryForwardExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRecognizedTaxLossCarryForwardExplanatory_lbl_59e940" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRecognizedTaxLossCarryForwardExplanatory_lbl_59e940" xml:lang="en-US">Schedule of recognized tax loss carry forward</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutFutureAggregateMinimumLeasePaymentUnderNonCancellableOperatingLeasesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutFutureAggregateMinimumLeasePaymentUnderNonCancellableOperatingLeasesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutFutureAggregateMinimumLeasePaymentUnderNonCancellableOperatingLeasesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutFutureAggregateMinimumLeasePaymentUnderNonCancellableOperatingLeasesExplanatory_lbl_d0f830" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutFutureAggregateMinimumLeasePaymentUnderNonCancellableOperatingLeasesExplanatory_lbl_d0f830" xml:lang="en-US">Schedule of future aggregate minimum lease payment under non cancellable operating leases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRentalIncomeFromInvestmentPropertiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRentalIncomeFromInvestmentPropertiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRentalIncomeFromInvestmentPropertiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRentalIncomeFromInvestmentPropertiesExplanatory_lbl_94d5fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRentalIncomeFromInvestmentPropertiesExplanatory_lbl_94d5fc" xml:lang="en-US">Schedule of rental income from investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutFutureMinimumLeaseProceedsUnderNonCancellableOperatingLeasesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutFutureMinimumLeaseProceedsUnderNonCancellableOperatingLeasesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutFutureMinimumLeaseProceedsUnderNonCancellableOperatingLeasesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutFutureMinimumLeaseProceedsUnderNonCancellableOperatingLeasesExplanatory_lbl_39afa9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutFutureMinimumLeaseProceedsUnderNonCancellableOperatingLeasesExplanatory_lbl_39afa9" xml:lang="en-US">Schedule of future aggregate minimum lease proceeds under non-cancellable operating leases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutRevenueExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutRevenueExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutRevenueExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutRevenueExplanatory_lbl_8f127c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutRevenueExplanatory_lbl_8f127c" xml:lang="en-US">Schedule of revenues</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCostsExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCostsExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCostsExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCostsExplanatory_lbl_7f81f0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCostsExplanatory_lbl_7f81f0" xml:lang="en-US">Schedule of costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutExpensesByNatureExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutExpensesByNatureExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutExpensesByNatureExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutExpensesByNatureExplanatory_lbl_9651b6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutExpensesByNatureExplanatory_lbl_9651b6" xml:lang="en-US">Schedule of expenses by nature</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutOtherOperatingResultsNetExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutOtherOperatingResultsNetExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutOtherOperatingResultsNetExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutOtherOperatingResultsNetExplanatory_lbl_de1d25" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutOtherOperatingResultsNetExplanatory_lbl_de1d25" xml:lang="en-US">Schedule of other operating results net</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutFinancialResultsNetExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutFinancialResultsNetExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutFinancialResultsNetExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutFinancialResultsNetExplanatory_lbl_aae2a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutFinancialResultsNetExplanatory_lbl_aae2a9" xml:lang="en-US">Schedule of financial results net</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBasicEarningPerShareExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBasicEarningPerShareExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBasicEarningPerShareExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBasicEarningPerShareExplanatory_lbl_3e3d01" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBasicEarningPerShareExplanatory_lbl_3e3d01" xml:lang="en-US">Schedule of basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutDilutedEarningPerShareExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutDilutedEarningPerShareExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutDilutedEarningPerShareExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutDilutedEarningPerShareExplanatory_lbl_f4b0e8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutDilutedEarningPerShareExplanatory_lbl_f4b0e8" xml:lang="en-US">Schedule of diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutReconcilationOfWeightedAverageNumberOfOrdinarySharesOutstandingToDilutedWeightedAverageNumberOfOrdinarySharesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationOfWeightedAverageNumberOfOrdinarySharesOutstandingToDilutedWeightedAverageNumberOfOrdinarySharesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutReconcilationOfWeightedAverageNumberOfOrdinarySharesOutstandingToDilutedWeightedAverageNumberOfOrdinarySharesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutReconcilationOfWeightedAverageNumberOfOrdinarySharesOutstandingToDilutedWeightedAverageNumberOfOrdinarySharesExplanatory_lbl_6330d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutReconcilationOfWeightedAverageNumberOfOrdinarySharesOutstandingToDilutedWeightedAverageNumberOfOrdinarySharesExplanatory_lbl_6330d9" xml:lang="en-US">Reconciliation of weighted average number of ordinary shares outstanding to diluted weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutSharesAllocatedToBeneficiariesAndNotYetAdoptedExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutSharesAllocatedToBeneficiariesAndNotYetAdoptedExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutSharesAllocatedToBeneficiariesAndNotYetAdoptedExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutSharesAllocatedToBeneficiariesAndNotYetAdoptedExplanatory_lbl_579f33" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutSharesAllocatedToBeneficiariesAndNotYetAdoptedExplanatory_lbl_579f33" xml:lang="en-US">Schedule of shares allocated to beneficiaries and not yet delivered</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutSocietySeniorManagementExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutSocietySeniorManagementExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutSocietySeniorManagementExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutSocietySeniorManagementExplanatory_lbl_e2520c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutSocietySeniorManagementExplanatory_lbl_e2520c" xml:lang="en-US">Schedule of society senior management</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBalancesWithRelatedPartiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBalancesWithRelatedPartiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBalancesWithRelatedPartiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBalancesWithRelatedPartiesExplanatory_lbl_d17d58" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBalancesWithRelatedPartiesExplanatory_lbl_d17d58" xml:lang="en-US">Schedule of balances with related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutResultsWithRelatedPartiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutResultsWithRelatedPartiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutResultsWithRelatedPartiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutResultsWithRelatedPartiesExplanatory_lbl_7b3f66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutResultsWithRelatedPartiesExplanatory_lbl_7b3f66" xml:lang="en-US">Schedule of results with related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutTransactionWithRelatedPartiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutTransactionWithRelatedPartiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutTransactionWithRelatedPartiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutTransactionWithRelatedPartiesExplanatory_lbl_8dcb50" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutTransactionWithRelatedPartiesExplanatory_lbl_8dcb50" xml:lang="en-US">Summary of transaction with related party</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCostOfGoodsSoldAndServicesProvidedExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCostOfGoodsSoldAndServicesProvidedExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCostOfGoodsSoldAndServicesProvidedExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_5f014b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCostOfGoodsSoldAndServicesProvidedExplanatory_lbl_5f014b" xml:lang="en-US">Schedule of cost of goods sold and services provided</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutBookAmountOfForeignCurrencyAssetsAndLiabilitiesExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutBookAmountOfForeignCurrencyAssetsAndLiabilitiesExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutBookAmountOfForeignCurrencyAssetsAndLiabilitiesExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutBookAmountOfForeignCurrencyAssetsAndLiabilitiesExplanatory_lbl_53788c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutBookAmountOfForeignCurrencyAssetsAndLiabilitiesExplanatory_lbl_53788c" xml:lang="en-US">Summary of book amounts of foreign currency assets and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisclosureOfDetailedInformationAboutCNVGeneralResolutionExplanatory" xlink:label="cresud_DisclosureOfDetailedInformationAboutCNVGeneralResolutionExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisclosureOfDetailedInformationAboutCNVGeneralResolutionExplanatory" xlink:to="cresud_DisclosureOfDetailedInformationAboutCNVGeneralResolutionExplanatory_lbl_001541" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisclosureOfDetailedInformationAboutCNVGeneralResolutionExplanatory_lbl_001541" xml:lang="en-US">Summary of CNV general resolution</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl_0b25cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl_0b25cd" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl_49fad7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl_49fad7" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ifrs-full_ClassesOfShareCapitalAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl_85f85f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl_85f85f" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BancoHipotecarioSAMember" xlink:label="cresud_BancoHipotecarioSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BancoHipotecarioSAMember" xlink:to="cresud_BancoHipotecarioSAMember_lbl_d4af58" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BancoHipotecarioSAMember_lbl_d4af58" xml:lang="en-US">BHSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperationCenterInArgentinaMember" xlink:label="cresud_OperationCenterInArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperationCenterInArgentinaMember" xlink:to="cresud_OperationCenterInArgentinaMember_lbl_94cdb4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperationCenterInArgentinaMember_lbl_94cdb4" xml:lang="en-US">Operation Center in Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinaMember" xlink:label="cresud_ArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinaMember" xlink:to="cresud_ArgentinaMember_lbl_6ae49f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinaMember_lbl_6ae49f" xml:lang="en-US">Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SharescapitalMember" xlink:label="cresud_SharescapitalMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SharescapitalMember" xlink:to="cresud_SharescapitalMember_lbl_307d9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SharescapitalMember_lbl_307d9e" xml:lang="en-US">Shares capital</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EconomicEnvironmentDescription" xlink:label="cresud_EconomicEnvironmentDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EconomicEnvironmentDescription" xlink:to="cresud_EconomicEnvironmentDescription_lbl_f6fe15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EconomicEnvironmentDescription_lbl_f6fe15" xml:lang="en-US">Description of economic environment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ExchangeRateDescription" xlink:label="cresud_ExchangeRateDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ExchangeRateDescription" xlink:to="cresud_ExchangeRateDescription_lbl_b9b2a3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ExchangeRateDescription_lbl_b9b2a3" xml:lang="en-US">Description of exchange rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_fFiscalSurplusDescription" xlink:label="cresud_fFiscalSurplusDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_fFiscalSurplusDescription" xlink:to="cresud_fFiscalSurplusDescription_lbl_f8ab4d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_fFiscalSurplusDescription_lbl_f8ab4d" xml:lang="en-US">Description of fiscal surplus</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:label="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:to="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_lbl_c54b24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_lbl_c54b24" xml:lang="en-US">Proportion of ownership interest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfAnnualPriceVariation" xlink:label="cresud_PercentageOfAnnualPriceVariation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfAnnualPriceVariation" xlink:to="cresud_PercentageOfAnnualPriceVariation_lbl_e87c81" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfAnnualPriceVariation_lbl_e87c81" xml:lang="en-US">Annual price variation</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfCumulativeYears" xlink:label="cresud_PercentageOfCumulativeYears" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfCumulativeYears" xlink:to="cresud_PercentageOfCumulativeYears_lbl_39bbea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfCumulativeYears_lbl_39bbea" xml:lang="en-US">Accumulated in three years</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FuturosYOpcionesComSAMember" xlink:label="cresud_FuturosYOpcionesComSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FuturosYOpcionesComSAMember" xlink:to="cresud_FuturosYOpcionesComSAMember_lbl_1ffeab" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FuturosYOpcionesComSAMember_lbl_1ffeab" xml:lang="en-US">Futuros Y Opciones.com S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_HelmirSAMember" xlink:label="cresud_HelmirSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_HelmirSAMember" xlink:to="cresud_HelmirSAMember_lbl_4738a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_HelmirSAMember_lbl_4738a9" xml:lang="en-US">Helmir S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_JPASAMember" xlink:label="cresud_JPASAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_JPASAMember" xlink:to="cresud_JPASAMember_lbl_252842" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_JPASAMember_lbl_252842" xml:lang="en-US">JPASA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_JaborandiLtdsMember" xlink:label="cresud_JaborandiLtdsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_JaborandiLtdsMember" xlink:to="cresud_JaborandiLtdsMember_lbl_517611" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_JaborandiLtdsMember_lbl_517611" xml:lang="en-US">Jaborandi Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgrifirmaLtdMember" xlink:label="cresud_AgrifirmaLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgrifirmaLtdMember" xlink:to="cresud_AgrifirmaLtdMember_lbl_7a7612" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgrifirmaLtdMember_lbl_7a7612" xml:lang="en-US">Agrifirma Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_JOFSHISAUsMember" xlink:label="cresud_JOFSHISAUsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_JOFSHISAUsMember" xlink:to="cresud_JOFSHISAUsMember_lbl_9bad57" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_JOFSHISAUsMember_lbl_9bad57" xml:lang="en-US">JOFSHI S.A.U.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FyOHoldingsSaMember" xlink:label="cresud_FyOHoldingsSaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FyOHoldingsSaMember" xlink:to="cresud_FyOHoldingsSaMember_lbl_ed5837" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FyOHoldingsSaMember_lbl_ed5837" xml:lang="en-US">FyO Holdings S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AraucariasLtdaMember" xlink:label="cresud_AraucariasLtdaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AraucariasLtdaMember" xlink:to="cresud_AraucariasLtdaMember_lbl_299cf7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AraucariasLtdaMember_lbl_299cf7" xml:lang="en-US">Araucarias Ltda. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CajueiroLtdMember" xlink:label="cresud_CajueiroLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CajueiroLtdMember" xlink:to="cresud_CajueiroLtdMember_lbl_eaabcb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CajueiroLtdMember_lbl_eaabcb" xml:lang="en-US">Cajueiro Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CeiboLtdMember" xlink:label="cresud_CeiboLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CeiboLtdMember" xlink:to="cresud_CeiboLtdMember_lbl_eb7c2e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CeiboLtdMember_lbl_eb7c2e" xml:lang="en-US">Ceibo Ltd [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CremaqsLtdaMember" xlink:label="cresud_CremaqsLtdaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CremaqsLtdaMember" xlink:to="cresud_CremaqsLtdaMember_lbl_9b67dd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CremaqsLtdaMember_lbl_9b67dd" xml:lang="en-US">Cremaqs Ltda. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FlamboyantLtdMember" xlink:label="cresud_FlamboyantLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FlamboyantLtdMember" xlink:to="cresud_FlamboyantLtdMember_lbl_84b21b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FlamboyantLtdMember_lbl_84b21b" xml:lang="en-US">Flamboyant Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MognoLtdMember" xlink:label="cresud_MognoLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MognoLtdMember" xlink:to="cresud_MognoLtdMember_lbl_18e445" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MognoLtdMember_lbl_18e445" xml:lang="en-US">Mogno Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PalmeirasSAsMember" xlink:label="cresud_PalmeirasSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PalmeirasSAsMember" xlink:to="cresud_PalmeirasSAsMember_lbl_b19472" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PalmeirasSAsMember_lbl_b19472" xml:lang="en-US">Palmeiras S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgropecuariaMorotSAsMember" xlink:label="cresud_AgropecuariaMorotSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgropecuariaMorotSAsMember" xlink:to="cresud_AgropecuariaMorotSAsMember_lbl_d49a27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgropecuariaMorotSAsMember_lbl_d49a27" xml:lang="en-US">Agropecuaria Moroti S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgropecuariaAcresDelSudSAsMember" xlink:label="cresud_AgropecuariaAcresDelSudSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgropecuariaAcresDelSudSAsMember" xlink:to="cresud_AgropecuariaAcresDelSudSAsMember_lbl_add535" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgropecuariaAcresDelSudSAsMember_lbl_add535" xml:lang="en-US">Agropecuaria Acres Del Sud S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OmbuAgropecuariaSAsMember" xlink:label="cresud_OmbuAgropecuariaSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OmbuAgropecuariaSAsMember" xlink:to="cresud_OmbuAgropecuariaSAsMember_lbl_5e40d2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OmbuAgropecuariaSAsMember_lbl_5e40d2" xml:lang="en-US">Ombu Agropecuaria S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_YatayAgropecuariaSAsMember" xlink:label="cresud_YatayAgropecuariaSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_YatayAgropecuariaSAsMember" xlink:to="cresud_YatayAgropecuariaSAsMember_lbl_30bd1e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_YatayAgropecuariaSAsMember_lbl_30bd1e" xml:lang="en-US">Yatay Agropecuaria S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_YuchanAgropecuariaSAsMember" xlink:label="cresud_YuchanAgropecuariaSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_YuchanAgropecuariaSAsMember" xlink:to="cresud_YuchanAgropecuariaSAsMember_lbl_ef3c28" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_YuchanAgropecuariaSAsMember_lbl_ef3c28" xml:lang="en-US">Yuchan Agropecuaria S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmautaAgroSAsMember" xlink:label="cresud_AmautaAgroSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmautaAgroSAsMember" xlink:to="cresud_AmautaAgroSAsMember_lbl_bf0afc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmautaAgroSAsMember_lbl_bf0afc" xml:lang="en-US">Amauta Agro S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FyOAcopioSAsMember" xlink:label="cresud_FyOAcopioSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FyOAcopioSAsMember" xlink:to="cresud_FyOAcopioSAsMember_lbl_e94fa4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FyOAcopioSAsMember_lbl_e94fa4" xml:lang="en-US">FYO Acopio S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FyOChileSPAsMember" xlink:label="cresud_FyOChileSPAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FyOChileSPAsMember" xlink:to="cresud_FyOChileSPAsMember_lbl_437705" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FyOChileSPAsMember_lbl_437705" xml:lang="en-US">FYO Chile Spa.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSAsMember" xlink:label="cresud_IRSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSAsMember" xlink:to="cresud_IRSAsMember_lbl_5a0ea5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSAsMember_lbl_5a0ea5" xml:lang="en-US">IRSAs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BrasilagrosMember" xlink:label="cresud_BrasilagrosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BrasilagrosMember" xlink:to="cresud_BrasilagrosMember_lbl_fc4339" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BrasilagrosMember_lbl_fc4339" xml:lang="en-US">Brasilagros [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PrincipalActivity" xlink:label="cresud_PrincipalActivity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PrincipalActivity" xlink:to="cresud_PrincipalActivity_lbl_92ce1f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PrincipalActivity_lbl_92ce1f" xml:lang="en-US">Principal activity</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl_978b80" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl_978b80" xml:lang="en-US">Ownership interest held by the Group</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfEquityInterest" xlink:label="cresud_DescriptionOfEquityInterest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfEquityInterest" xlink:to="cresud_DescriptionOfEquityInterest_lbl_80088f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfEquityInterest_lbl_80088f" xml:lang="en-US">Description of equity interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl_4b9ae4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl_4b9ae4" xml:lang="en-US">Associates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ECLASAMember" xlink:label="cresud_ECLASAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ECLASAMember" xlink:to="cresud_ECLASAMember_lbl_272ae2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ECLASAMember_lbl_272ae2" xml:lang="en-US">ECLASA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_HotelesArgentinosSAUMember" xlink:label="cresud_HotelesArgentinosSAUMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_HotelesArgentinosSAUMember" xlink:to="cresud_HotelesArgentinosSAUMember_lbl_eac07e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_HotelesArgentinosSAUMember_lbl_eac07e" xml:lang="en-US">Hoteles Argentinos S.A.U [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FibesaSAUMember" xlink:label="cresud_FibesaSAUMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FibesaSAUMember" xlink:to="cresud_FibesaSAUMember_lbl_d45ae3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FibesaSAUMember_lbl_d45ae3" xml:lang="en-US">Fibesa S.A.U [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LiveckLtdMember" xlink:label="cresud_LiveckLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LiveckLtdMember" xlink:to="cresud_LiveckLtdMember_lbl_763710" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LiveckLtdMember_lbl_763710" xml:lang="en-US">Liveck Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShefaFiduciariaSAUMember" xlink:label="cresud_ShefaFiduciariaSAUMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShefaFiduciariaSAUMember" xlink:to="cresud_ShefaFiduciariaSAUMember_lbl_1bac74" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShefaFiduciariaSAUMember_lbl_1bac74" xml:lang="en-US">Shefa Fiduciaria S.A.U.[Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FideicomisoShefaVCMember" xlink:label="cresud_FideicomisoShefaVCMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FideicomisoShefaVCMember" xlink:to="cresud_FideicomisoShefaVCMember_lbl_1604f1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FideicomisoShefaVCMember_lbl_1604f1" xml:lang="en-US">Fideicomiso Shefa V.C.[Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShehaHoldingLLCMember" xlink:label="cresud_ShehaHoldingLLCMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShehaHoldingLLCMember" xlink:to="cresud_ShehaHoldingLLCMember_lbl_2ed824" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShehaHoldingLLCMember_lbl_2ed824" xml:lang="en-US">Sheha Holding LLC [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InversoraBolivarSAMember" xlink:label="cresud_InversoraBolivarSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InversoraBolivarSAMember" xlink:to="cresud_InversoraBolivarSAMember_lbl_61dedb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InversoraBolivarSAMember_lbl_61dedb" xml:lang="en-US">Inversora Bolivar S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LlaoLlaoResortsSAMember" xlink:label="cresud_LlaoLlaoResortsSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LlaoLlaoResortsSAMember" xlink:to="cresud_LlaoLlaoResortsSAMember_lbl_ae5b4f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LlaoLlaoResortsSAMember_lbl_ae5b4f" xml:lang="en-US">Llao Llao Resorts S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NuevasFronterasSAMember" xlink:label="cresud_NuevasFronterasSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NuevasFronterasSAMember" xlink:to="cresud_NuevasFronterasSAMember_lbl_f9dc94" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NuevasFronterasSAMember_lbl_f9dc94" xml:lang="en-US">Nuevas Fronteras S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PalermoInvestSAMember" xlink:label="cresud_PalermoInvestSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PalermoInvestSAMember" xlink:to="cresud_PalermoInvestSAMember_lbl_c7e96c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PalermoInvestSAMember_lbl_c7e96c" xml:lang="en-US">Palermo Invest S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RitelcoSAMember" xlink:label="cresud_RitelcoSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RitelcoSAMember" xlink:to="cresud_RitelcoSAMember_lbl_4d88c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RitelcoSAMember_lbl_4d88c7" xml:lang="en-US">Ritelco S.A.U. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArcosMember" xlink:label="cresud_ArcosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArcosMember" xlink:to="cresud_ArcosMember_lbl_69651c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArcosMember_lbl_69651c" xml:lang="en-US">Arcos [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShefaInvestmentsMember" xlink:label="cresud_ShefaInvestmentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShefaInvestmentsMember" xlink:to="cresud_ShefaInvestmentsMember_lbl_1fc453" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShefaInvestmentsMember_lbl_1fc453" xml:lang="en-US">Shefa Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LosGallegosMartinezNavarroYCiaSAMember" xlink:label="cresud_LosGallegosMartinezNavarroYCiaSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LosGallegosMartinezNavarroYCiaSAMember" xlink:to="cresud_LosGallegosMartinezNavarroYCiaSAMember_lbl_7d8637" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LosGallegosMartinezNavarroYCiaSAMember_lbl_7d8637" xml:lang="en-US">LOS GALLEGOS, Mart?nez Navarro y C?a. S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TiendaLosGallegosSAMember" xlink:label="cresud_TiendaLosGallegosSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TiendaLosGallegosSAMember" xlink:to="cresud_TiendaLosGallegosSAMember_lbl_155f8b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TiendaLosGallegosSAMember_lbl_155f8b" xml:lang="en-US">TIENDA LOS GALLEGOS S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TyrusSAMember" xlink:label="cresud_TyrusSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TyrusSAMember" xlink:to="cresud_TyrusSAMember_lbl_7e7193" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TyrusSAMember_lbl_7e7193" xml:lang="en-US">Tyrus S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EmprendimientoRecoletaSAMember" xlink:label="cresud_EmprendimientoRecoletaSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EmprendimientoRecoletaSAMember" xlink:to="cresud_EmprendimientoRecoletaSAMember_lbl_5d80de" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EmprendimientoRecoletaSAMember_lbl_5d80de" xml:lang="en-US">Emprendimiento Recoleta S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PanamericanMallSAMember" xlink:label="cresud_PanamericanMallSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PanamericanMallSAMember" xlink:to="cresud_PanamericanMallSAMember_lbl_91e023" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PanamericanMallSAMember_lbl_91e023" xml:lang="en-US">Panamerican Mall S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShoppingNeuquenSAMember" xlink:label="cresud_ShoppingNeuquenSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingNeuquenSAMember" xlink:to="cresud_ShoppingNeuquenSAMember_lbl_d40413" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShoppingNeuquenSAMember_lbl_d40413" xml:lang="en-US">Shopping Neuquen S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TorodurSAMember" xlink:label="cresud_TorodurSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TorodurSAMember" xlink:to="cresud_TorodurSAMember_lbl_a6f748" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TorodurSAMember_lbl_a6f748" xml:lang="en-US">Torodur S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EntertainmentHoldingsSAMember" xlink:label="cresud_EntertainmentHoldingsSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EntertainmentHoldingsSAMember" xlink:to="cresud_EntertainmentHoldingsSAMember_lbl_55ac93" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EntertainmentHoldingsSAMember_lbl_55ac93" xml:lang="en-US">EHSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CentroDeEntretenimientoLaPlataMember" xlink:label="cresud_CentroDeEntretenimientoLaPlataMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CentroDeEntretenimientoLaPlataMember" xlink:to="cresud_CentroDeEntretenimientoLaPlataMember_lbl_49d6ae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CentroDeEntretenimientoLaPlataMember_lbl_49d6ae" xml:lang="en-US">Centro De Entretenimiento La Plata [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DolphinFundLtdMember" xlink:label="cresud_DolphinFundLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DolphinFundLtdMember" xlink:to="cresud_DolphinFundLtdMember_lbl_9377f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DolphinFundLtdMember_lbl_9377f5" xml:lang="en-US">DFL and DN BV [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSAInternationalLLCMember" xlink:label="cresud_IRSAInternationalLLCMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSAInternationalLLCMember" xlink:to="cresud_IRSAInternationalLLCMember_lbl_7770cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSAInternationalLLCMember_lbl_7770cd" xml:lang="en-US">IRSA International LLC [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RealEstateStrategiesLLCMember" xlink:label="cresud_RealEstateStrategiesLLCMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RealEstateStrategiesLLCMember" xlink:to="cresud_RealEstateStrategiesLLCMember_lbl_2aba61" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RealEstateStrategiesLLCMember_lbl_2aba61" xml:lang="en-US">Real Estate Strategies LLC [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DolphinILInvestmentLtdMember" xlink:label="cresud_DolphinILInvestmentLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DolphinILInvestmentLtdMember" xlink:to="cresud_DolphinILInvestmentLtdMember_lbl_8e8bb8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DolphinILInvestmentLtdMember_lbl_8e8bb8" xml:lang="en-US">Dolphin IL Investment Ltd. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MainActivityOfAssociate" xlink:label="cresud_MainActivityOfAssociate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MainActivityOfAssociate" xlink:to="cresud_MainActivityOfAssociate_lbl_915874" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MainActivityOfAssociate_lbl_915874" xml:lang="en-US">Main activity</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfEquityInterest" xlink:to="cresud_DescriptionOfEquityInterest_lbl_4cbb1d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DescriptionOfEquityInterest_lbl_4cbb1d" xml:lang="en-US">Description of equity interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl_e1eea2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl_e1eea2" xml:lang="en-US">Ownership interest held by the Group</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MachineryMember" xlink:label="ifrs-full_MachineryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MachineryMember" xlink:to="ifrs-full_MachineryMember_lbl_6c5639" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MachineryMember_lbl_6c5639" xml:lang="en-US">Machinery And Equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherMember" xlink:label="cresud_OtherMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherMember" xlink:to="cresud_OtherMember_lbl_9f7597" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherMember_lbl_9f7597" xml:lang="en-US">Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BuildingsMember" xlink:label="ifrs-full_BuildingsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl_f8df9b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BuildingsMember_lbl_f8df9b" xml:lang="en-US">Buildings And Facilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:label="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment" xlink:to="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment_lbl_4eda3b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfUsefulLifePropertyPlantAndEquipment_lbl_4eda3b" xml:lang="en-US">Remaining useful life</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AssociatesVotingRight" xlink:label="cresud_AssociatesVotingRight" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AssociatesVotingRight" xlink:to="cresud_AssociatesVotingRight_lbl_f371c0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AssociatesVotingRight_lbl_f371c0" xml:lang="en-US">Associates voting rights, description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShefaInvestmentsSAMember" xlink:label="cresud_ShefaInvestmentsSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShefaInvestmentsSAMember" xlink:to="cresud_ShefaInvestmentsSAMember_lbl_cf16c0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShefaInvestmentsSAMember_lbl_cf16c0" xml:lang="en-US">Shefa Investments S. A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialAssets" xlink:label="ifrs-full_OtherCurrentFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialAssets" xlink:to="ifrs-full_OtherCurrentFinancialAssets_lbl_416d64" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentFinancialAssets_lbl_416d64" xml:lang="en-US">Previously held interest (financial asset)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueOfTransferredAdditionalInterest" xlink:label="cresud_FairValueOfTransferredAdditionalInterest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueOfTransferredAdditionalInterest" xlink:to="cresud_FairValueOfTransferredAdditionalInterest_lbl_c62e83" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueOfTransferredAdditionalInterest_lbl_c62e83" xml:lang="en-US">Consideration transferred for the additional interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_956023" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_956023" xml:lang="en-US">Total acquisition consideration</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_115b66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_115b66" xml:lang="en-US">Intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_2" xml:lang="en-US">[Identifiable intangible assets recognised as of acquisition date]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl_190ba2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl_190ba2" xml:lang="en-US">Trade payables and other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_54e913" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_54e913" xml:lang="en-US">Total identifiable net assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl_d96a66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl_d96a66" xml:lang="en-US">Goodwill</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_7cefb6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_7cefb6" xml:lang="en-US">Total consideration</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LosGallegosShoppingMallMember" xlink:label="cresud_LosGallegosShoppingMallMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LosGallegosShoppingMallMember" xlink:to="cresud_LosGallegosShoppingMallMember_lbl_b44377" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LosGallegosShoppingMallMember_lbl_b44377" xml:lang="en-US">Acquisition of "Los Gallegos" Shopping Mall [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:to="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl_1a7fa4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl_1a7fa4" xml:lang="en-US">Cash paid during the fiscal year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:label="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:to="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_lbl_7b0109" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_lbl_7b0109" xml:lang="en-US">Settlement through a decrease in investments in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfAvailableforsaleFinancialAssets" xlink:label="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets" xlink:to="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets_lbl_1d0bc2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets_lbl_1d0bc2" xml:lang="en-US">Outstanding purchase price payable</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_46332d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_lbl_46332d" xml:lang="en-US">Total acquisition consideration</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:to="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_2bbbc6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_2bbbc6" xml:lang="en-US">Investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:label="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:to="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_2" xml:lang="en-US">[Investment properties]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_4f4bb2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_4f4bb2" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_3" xml:lang="en-US">[Property, plant and equipment recognised as of acquisition date]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_acd528" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_acd528" xml:lang="en-US">Income tax credit</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate" xlink:label="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_4" xml:lang="en-US">[Income tax credit 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:to="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_30256f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_30256f" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:label="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:to="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_5" xml:lang="en-US">[Trade and other receivables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_63720b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_63720b" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_6" xml:lang="en-US">[Inventory recognised as of acquisition date]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl_ef1354" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl_ef1354" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl_7" xml:lang="en-US">[Borrowings recognised as of acquisition date]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl_d597df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl_d597df" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl_8" xml:lang="en-US">[Deferred tax liabilities recognised as of acquisition date]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl_709f42" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl_709f42" xml:lang="en-US">Trade and other payables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProvisionsRecognisedAsOfAcquisitionDate" xlink:to="cresud_ProvisionsRecognisedAsOfAcquisitionDate_lbl_a00122" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_ProvisionsRecognisedAsOfAcquisitionDate_lbl_a00122" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProvisionsRecognisedAsOfAcquisitionDate" xlink:label="cresud_ProvisionsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProvisionsRecognisedAsOfAcquisitionDate" xlink:to="cresud_ProvisionsRecognisedAsOfAcquisitionDate_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProvisionsRecognisedAsOfAcquisitionDate_lbl_10" xml:lang="en-US">[Provisions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate_lbl_8d4eac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate_lbl_8d4eac" xml:lang="en-US">Salaries and social security liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SalariesAndSocialSecurityLiabilitiesRecognisedAsOfAcquisitionDate_lbl_11" xml:lang="en-US">[Salaries and social security liabilities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_a6ba2a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_a6ba2a" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_12" xml:lang="en-US">[Cash and cash equivalents recognised as of acquisition date]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_de3f67" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_de3f67" xml:lang="en-US">Total identifiable net assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquisitionOfTheAlOesteShoppingMember" xlink:label="cresud_AcquisitionOfTheAlOesteShoppingMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionOfTheAlOesteShoppingMember" xlink:to="cresud_AcquisitionOfTheAlOesteShoppingMember_lbl_872c41" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquisitionOfTheAlOesteShoppingMember_lbl_872c41" xml:lang="en-US">Acquisition Of The Al Oeste Shopping [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfLandPlotInPilarMember" xlink:label="cresud_SaleOfLandPlotInPilarMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfLandPlotInPilarMember" xlink:to="cresud_SaleOfLandPlotInPilarMember_lbl_4e582d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfLandPlotInPilarMember_lbl_4e582d" xml:lang="en-US">Sale Of Land Plot In Pilar [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyAcquisitionMember" xlink:label="cresud_PropertyAcquisitionMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyAcquisitionMember" xlink:to="cresud_PropertyAcquisitionMember_lbl_a7d6f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyAcquisitionMember_lbl_a7d6f5" xml:lang="en-US">Property Acquisition [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CordobaLandPlotBarterAgreementMember" xlink:label="cresud_CordobaLandPlotBarterAgreementMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CordobaLandPlotBarterAgreementMember" xlink:to="cresud_CordobaLandPlotBarterAgreementMember_lbl_926ff8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CordobaLandPlotBarterAgreementMember_lbl_926ff8" xml:lang="en-US">Cordoba Land Plot Barter Agreement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SoleilLeaseAgreementMember" xlink:label="cresud_SoleilLeaseAgreementMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SoleilLeaseAgreementMember" xlink:to="cresud_SoleilLeaseAgreementMember_lbl_1be6ce" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SoleilLeaseAgreementMember_lbl_1be6ce" xml:lang="en-US">Soleil Lease Agreement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CorporateReorganizationOfWeAreAppaSAIntoShefaInvestmentMember" xlink:label="cresud_CorporateReorganizationOfWeAreAppaSAIntoShefaInvestmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CorporateReorganizationOfWeAreAppaSAIntoShefaInvestmentMember" xlink:to="cresud_CorporateReorganizationOfWeAreAppaSAIntoShefaInvestmentMember_lbl_a0db14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CorporateReorganizationOfWeAreAppaSAIntoShefaInvestmentMember_lbl_a0db14" xml:lang="en-US">Corporate Reorganization Of We Are Appa SA Into Shefa Investment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquisitionofLosGallegosShoppingMallMember" xlink:label="cresud_AcquisitionofLosGallegosShoppingMallMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionofLosGallegosShoppingMallMember" xlink:to="cresud_AcquisitionofLosGallegosShoppingMallMember_lbl_cfa229" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquisitionofLosGallegosShoppingMallMember_lbl_cfa229" xml:lang="en-US">Acquisition of Los Gallegos Shopping Mall [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ZetolLTDTransactionBoatingTrustMember" xlink:label="cresud_ZetolLTDTransactionBoatingTrustMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ZetolLTDTransactionBoatingTrustMember" xlink:to="cresud_ZetolLTDTransactionBoatingTrustMember_lbl_329b7f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ZetolLTDTransactionBoatingTrustMember_lbl_329b7f" xml:lang="en-US">Zetol LTD Transaction Boating Trust [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfFractionOfRioDoMeioTwoFarmMember" xlink:label="cresud_SaleOfFractionOfRioDoMeioTwoFarmMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfFractionOfRioDoMeioTwoFarmMember" xlink:to="cresud_SaleOfFractionOfRioDoMeioTwoFarmMember_lbl_02736c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfFractionOfRioDoMeioTwoFarmMember_lbl_02736c" xml:lang="en-US">Sale of fraction of Rio do Meio II Farm [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfFractionOfLosPozosFarmMember" xlink:label="cresud_SaleOfFractionOfLosPozosFarmMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfFractionOfLosPozosFarmMember" xlink:to="cresud_SaleOfFractionOfLosPozosFarmMember_lbl_6156b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfFractionOfLosPozosFarmMember_lbl_6156b2" xml:lang="en-US">Sale of fraction of Los Pozos Farm [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfFractionOfMarangatuFarmMember" xlink:label="cresud_SaleOfFractionOfMarangatuFarmMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfFractionOfMarangatuFarmMember" xlink:to="cresud_SaleOfFractionOfMarangatuFarmMember_lbl_66726b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfFractionOfMarangatuFarmMember_lbl_66726b" xml:lang="en-US">Sale of fraction of Marangatu Farm [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfLotsAndBarterAgreementsRamblasDelPlataMember" xlink:label="cresud_SaleOfLotsAndBarterAgreementsRamblasDelPlataMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfLotsAndBarterAgreementsRamblasDelPlataMember" xlink:to="cresud_SaleOfLotsAndBarterAgreementsRamblasDelPlataMember_lbl_d06d86" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfLotsAndBarterAgreementsRamblasDelPlataMember_lbl_d06d86" xml:lang="en-US">Sale Of Lots And Barter Agreements Ramblas Del Plata [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl_bc3c4f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl_bc3c4f" xml:lang="en-US">Percentage of voting interest acquired</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_lbl_d256eb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_lbl_d256eb" xml:lang="en-US">Business combination consideration transferred</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsiderationPaidReceived" xlink:label="ifrs-full_ConsiderationPaidReceived" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConsiderationPaidReceived" xlink:to="ifrs-full_ConsiderationPaidReceived_lbl_975288" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ConsiderationPaidReceived_lbl_975288" xml:lang="en-US">Cash paid</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersCurrentLiabilities" xlink:label="cresud_OthersCurrentLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersCurrentLiabilities" xlink:to="cresud_OthersCurrentLiabilities_lbl_576fe2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersCurrentLiabilities_lbl_576fe2" xml:lang="en-US">Other liabilities current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl_6e94c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentProperty_lbl_6e94c7" xml:lang="en-US">Investment property additions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PaymentsToAcquireInvestmentProperty" xlink:label="cresud_PaymentsToAcquireInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PaymentsToAcquireInvestmentProperty" xlink:to="cresud_PaymentsToAcquireInvestmentProperty_lbl_d9e167" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PaymentsToAcquireInvestmentProperty_lbl_d9e167" xml:lang="en-US">Payments to acquire investment property</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountPayableForAcquisitionOfInvestmentProperty" xlink:label="cresud_AmountPayableForAcquisitionOfInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountPayableForAcquisitionOfInvestmentProperty" xlink:to="cresud_AmountPayableForAcquisitionOfInvestmentProperty_lbl_952d17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountPayableForAcquisitionOfInvestmentProperty_lbl_952d17" xml:lang="en-US">Amount payable for acquisition of investment property</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountOfEstimatedValueOfTransferred" xlink:label="cresud_AmountOfEstimatedValueOfTransferred" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountOfEstimatedValueOfTransferred" xlink:to="cresud_AmountOfEstimatedValueOfTransferred_lbl_f5a42b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountOfEstimatedValueOfTransferred_lbl_f5a42b" xml:lang="en-US">Estimated value of transferred amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevenueFromSaleOfTradingsProperties" xlink:label="cresud_RevenueFromSaleOfTradingsProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfTradingsProperties" xlink:to="cresud_RevenueFromSaleOfTradingsProperties_lbl_54406a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevenueFromSaleOfTradingsProperties_lbl_54406a" xml:lang="en-US">Revenue from sale of trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsToSuppliersForGoodsAndServices" xlink:label="ifrs-full_PaymentsToSuppliersForGoodsAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToSuppliersForGoodsAndServices" xlink:to="ifrs-full_PaymentsToSuppliersForGoodsAndServices_lbl_a34ebf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsToSuppliersForGoodsAndServices_lbl_a34ebf" xml:lang="en-US">Cost of goods and services sold</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsOnDisposalsOfInvestmentProperties" xlink:label="ifrs-full_GainsOnDisposalsOfInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfInvestmentProperties" xlink:to="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl_cc2bcb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl_cc2bcb" xml:lang="en-US">Gain (Loss) on sale of trading properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesTotal" xlink:to="ifrs-full_InventoriesTotal_lbl_fbe94c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InventoriesTotal_lbl_fbe94c" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoriesTotal" xlink:label="ifrs-full_InventoriesTotal" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesTotal" xlink:to="ifrs-full_InventoriesTotal_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoriesTotal_lbl_13" xml:lang="en-US">[Inventories]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EquitySecuritiesWithoutReadilyDeterminableFairValueToFairValueOfPlanAssets" xlink:label="cresud_EquitySecuritiesWithoutReadilyDeterminableFairValueToFairValueOfPlanAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EquitySecuritiesWithoutReadilyDeterminableFairValueToFairValueOfPlanAssets" xlink:to="cresud_EquitySecuritiesWithoutReadilyDeterminableFairValueToFairValueOfPlanAssets_lbl_16fb65" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EquitySecuritiesWithoutReadilyDeterminableFairValueToFairValueOfPlanAssets_lbl_16fb65" xml:lang="en-US">Equity securities without readily determinable fair value, amount</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIntangibleAssets" xlink:to="ifrs-full_OtherIntangibleAssets_lbl_90fe74" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherIntangibleAssets_lbl_90fe74" xml:lang="en-US">Intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIntangibleAssets" xlink:label="ifrs-full_OtherIntangibleAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIntangibleAssets" xlink:to="ifrs-full_OtherIntangibleAssets_lbl_15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherIntangibleAssets_lbl_15" xml:lang="en-US">[Other intangible assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfInvestmentProperty" xlink:to="ifrs-full_PurchaseOfInvestmentProperty_lbl_4e5e51" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PurchaseOfInvestmentProperty_lbl_4e5e51" xml:lang="en-US">Investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfInvestmentProperty" xlink:label="ifrs-full_PurchaseOfInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfInvestmentProperty" xlink:to="ifrs-full_PurchaseOfInvestmentProperty_lbl_16" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfInvestmentProperty_lbl_16" xml:lang="en-US">[Purchase of investment property]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PurchasePricePerSharesAmount" xlink:label="cresud_PurchasePricePerSharesAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PurchasePricePerSharesAmount" xlink:to="cresud_PurchasePricePerSharesAmount_lbl_d160c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PurchasePricePerSharesAmount_lbl_d160c5" xml:lang="en-US">Purchase price amount</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:to="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl_4aa3dd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl_4aa3dd" xml:lang="en-US">Cash paid for acquisition</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRevenueExpense" xlink:label="ifrs-full_InterestRevenueExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRevenueExpense" xlink:to="ifrs-full_InterestRevenueExpense_lbl_34a994" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRevenueExpense_lbl_34a994" xml:lang="en-US">Imputed interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FairValueOfAcquiredReceivables" xlink:label="ifrs-full_FairValueOfAcquiredReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FairValueOfAcquiredReceivables" xlink:to="ifrs-full_FairValueOfAcquiredReceivables_lbl_d81194" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FairValueOfAcquiredReceivables_lbl_d81194" xml:lang="en-US">Fair value of assets acquired</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl_08e242" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl_08e242" xml:lang="en-US">Property, plant and rquipment gross</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingIncomeExpenseOnForeignCurrencyTransactionAmoun" xlink:label="cresud_TradingIncomeExpenseOnForeignCurrencyTransactionAmoun" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingIncomeExpenseOnForeignCurrencyTransactionAmoun" xlink:to="cresud_TradingIncomeExpenseOnForeignCurrencyTransactionAmoun_lbl_6224cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingIncomeExpenseOnForeignCurrencyTransactionAmoun_lbl_6224cd" xml:lang="en-US">Foreign currency transaction amount</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProportionOfOwnershipInterestHeldInAssociate" xlink:to="cresud_ProportionOfOwnershipInterestHeldInAssociate_lbl_b591b8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ProportionOfOwnershipInterestHeldInAssociate_lbl_b591b8" xml:lang="en-US">Ownership interest held by the Group</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProportionOfOwnershipInterestHeldInAssociate" xlink:label="cresud_ProportionOfOwnershipInterestHeldInAssociate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProportionOfOwnershipInterestHeldInAssociate" xlink:to="cresud_ProportionOfOwnershipInterestHeldInAssociate_lbl_23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProportionOfOwnershipInterestHeldInAssociate_lbl_23" xml:lang="en-US">[Ownership interest held by the Group]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquiredPropertyTotalLeaseAgreementArea" xlink:label="cresud_AcquiredPropertyTotalLeaseAgreementArea" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquiredPropertyTotalLeaseAgreementArea" xlink:to="cresud_AcquiredPropertyTotalLeaseAgreementArea_lbl_8c05b4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquiredPropertyTotalLeaseAgreementArea_lbl_8c05b4" xml:lang="en-US">Acquired property total area</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RightOfUseAssetsTermOfTheLeaseUsefulLifeMeasuredAsPeriodOfTime" xlink:label="cresud_RightOfUseAssetsTermOfTheLeaseUsefulLifeMeasuredAsPeriodOfTime" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RightOfUseAssetsTermOfTheLeaseUsefulLifeMeasuredAsPeriodOfTime" xlink:to="cresud_RightOfUseAssetsTermOfTheLeaseUsefulLifeMeasuredAsPeriodOfTime_lbl_2af254" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RightOfUseAssetsTermOfTheLeaseUsefulLifeMeasuredAsPeriodOfTime_lbl_2af254" xml:lang="en-US">Right-of-use assets term of the lease</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl_e1e358" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl_e1e358" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilities" xlink:label="ifrs-full_LeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl_26" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilities_lbl_26" xml:lang="en-US">[Lease liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransactionsOfSoldLandDescription" xlink:label="cresud_TransactionsOfSoldLandDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransactionsOfSoldLandDescription" xlink:to="cresud_TransactionsOfSoldLandDescription_lbl_3c963e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransactionsOfSoldLandDescription_lbl_3c963e" xml:lang="en-US">Description of transactions of sold land</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProccedFromFirstInstallmentOfSaleOfFarmLand" xlink:label="cresud_ProccedFromFirstInstallmentOfSaleOfFarmLand" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProccedFromFirstInstallmentOfSaleOfFarmLand" xlink:to="cresud_ProccedFromFirstInstallmentOfSaleOfFarmLand_lbl_5467e4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProccedFromFirstInstallmentOfSaleOfFarmLand_lbl_5467e4" xml:lang="en-US">Procced from first installment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfSalesAgreements" xlink:label="cresud_DescriptionOfSalesAgreements" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfSalesAgreements" xlink:to="cresud_DescriptionOfSalesAgreements_lbl_2bbc0c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfSalesAgreements_lbl_2bbc0c" xml:lang="en-US">Sales agreements, description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfTransactionAmount" xlink:label="cresud_DescriptionOfTransactionAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfTransactionAmount" xlink:to="cresud_DescriptionOfTransactionAmount_lbl_3ba1e0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfTransactionAmount_lbl_3ba1e0" xml:lang="en-US">Transaction amount description</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables" xlink:to="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables_lbl_34d7ed" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables_lbl_34d7ed" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables" xlink:label="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables" xlink:to="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables_lbl_31" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForIncreaseInTradeAndOtherReceivables_lbl_31" xml:lang="en-US">[Trade and other receivables 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl_3d3496" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl_3d3496" xml:lang="en-US">Gain from disposal of farmlands</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:label="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl_32" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl_32" xml:lang="en-US">[Gains on disposals of property, plant and equipment]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromContractsWithCustomers" xlink:label="ifrs-full_RevenueFromContractsWithCustomers" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromContractsWithCustomers" xlink:to="ifrs-full_RevenueFromContractsWithCustomers_lbl_e9ab66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromContractsWithCustomers_lbl_e9ab66" xml:lang="en-US">Revenue from contract with customer, excluding assessed tax</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCashPaymentsFromOperatingActivities" xlink:label="ifrs-full_OtherCashPaymentsFromOperatingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashPaymentsFromOperatingActivities" xlink:to="ifrs-full_OtherCashPaymentsFromOperatingActivities_lbl_dbb4f9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCashPaymentsFromOperatingActivities_lbl_dbb4f9" xml:lang="en-US">Additional cash payment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInContingentConsiderationAssetLiability" xlink:label="ifrs-full_IncreaseDecreaseInContingentConsiderationAssetLiability" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInContingentConsiderationAssetLiability" xlink:to="ifrs-full_IncreaseDecreaseInContingentConsiderationAssetLiability_lbl_a9b7be" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInContingentConsiderationAssetLiability_lbl_a9b7be" xml:lang="en-US">Total contigent consideration</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdditionalSellableValues" xlink:label="cresud_AdditionalSellableValues" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionalSellableValues" xlink:to="cresud_AdditionalSellableValues_lbl_6a68ea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdditionalSellableValues_lbl_6a68ea" xml:lang="en-US">Additional sellable square meters values</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAdvancesAndLoansFromRelatedParties" xlink:label="ifrs-full_CashAdvancesAndLoansFromRelatedParties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansFromRelatedParties" xlink:to="ifrs-full_CashAdvancesAndLoansFromRelatedParties_lbl_fdf597" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAdvancesAndLoansFromRelatedParties_lbl_fdf597" xml:lang="en-US">Cash advances</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_057199" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_057199" xml:lang="en-US">Gain (Loss) from fair value changes in investment property</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl_a1c7a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl_a1c7a9" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl_6eac9f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl_6eac9f" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:label="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis_lbl_fb7bb4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis_lbl_fb7bb4" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember_lbl_aee7b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ForwardContractMember_lbl_aee7b7" xml:lang="en-US">Futures Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForwardContractMember" xlink:label="ifrs-full_ForwardContractMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember_lbl_73" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ForwardContractMember_lbl_73" xml:lang="en-US">Forward contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SugarcaneMember" xlink:label="cresud_SugarcaneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SugarcaneMember" xlink:to="cresud_SugarcaneMember_lbl_a812ef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SugarcaneMember_lbl_a812ef" xml:lang="en-US">Sugarcane [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleFuturesContractMember" xlink:label="cresud_SaleFuturesContractMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleFuturesContractMember" xlink:to="cresud_SaleFuturesContractMember_lbl_6dba20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleFuturesContractMember_lbl_6dba20" xml:lang="en-US">Sale Futures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OptionContractMember" xlink:label="ifrs-full_OptionContractMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OptionContractMember" xlink:to="ifrs-full_OptionContractMember_lbl_5ead9a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OptionContractMember_lbl_5ead9a" xml:lang="en-US">Option contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CottonMember" xlink:label="cresud_CottonMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CottonMember" xlink:to="cresud_CottonMember_lbl_a76d0c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CottonMember_lbl_a76d0c" xml:lang="en-US">Cotton [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WrittenPutOptionsMember" xlink:label="ifrs-full_WrittenPutOptionsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WrittenPutOptionsMember" xlink:to="ifrs-full_WrittenPutOptionsMember_lbl_db10bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WrittenPutOptionsMember_lbl_db10bb" xml:lang="en-US">Purchase Put Option [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LivestockMember" xlink:label="cresud_LivestockMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LivestockMember" xlink:to="cresud_LivestockMember_lbl_a54cc9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LivestockMember_lbl_a54cc9" xml:lang="en-US">Livestock [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EthanolMember" xlink:label="cresud_EthanolMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EthanolMember" xlink:to="cresud_EthanolMember_lbl_094527" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EthanolMember_lbl_094527" xml:lang="en-US">Ethanol [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PurchaseCallOptionMember" xlink:label="cresud_PurchaseCallOptionMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PurchaseCallOptionMember" xlink:to="cresud_PurchaseCallOptionMember_lbl_deccee" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PurchaseCallOptionMember_lbl_deccee" xml:lang="en-US">Purchase Call Option [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CornMember" xlink:label="cresud_CornMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CornMember" xlink:to="cresud_CornMember_lbl_0547f3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CornMember_lbl_0547f3" xml:lang="en-US">Corn [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SoybeansMember" xlink:label="cresud_SoybeansMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SoybeansMember" xlink:to="cresud_SoybeansMember_lbl_55728c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SoybeansMember_lbl_55728c" xml:lang="en-US">Soybeans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_WheatMember" xlink:label="cresud_WheatMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_WheatMember" xlink:to="cresud_WheatMember_lbl_7f7d6a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_WheatMember_lbl_7f7d6a" xml:lang="en-US">Wheat [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FuturesContractMember" xlink:label="ifrs-full_FuturesContractMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FuturesContractMember" xlink:to="ifrs-full_FuturesContractMember_lbl_96d592" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FuturesContractMember_lbl_96d592" xml:lang="en-US">Futures Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PurchaseFuturesContractMember" xlink:label="cresud_PurchaseFuturesContractMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PurchaseFuturesContractMember" xlink:to="cresud_PurchaseFuturesContractMember_lbl_4c8271" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PurchaseFuturesContractMember_lbl_4c8271" xml:lang="en-US">Purchase futures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SalePutOptionsMember" xlink:label="cresud_SalePutOptionsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalePutOptionsMember" xlink:to="cresud_SalePutOptionsMember_lbl_f3ebdb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SalePutOptionsMember_lbl_f3ebdb" xml:lang="en-US">Sale Put Options [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleCallOptionsMember" xlink:label="cresud_SaleCallOptionsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleCallOptionsMember" xlink:to="cresud_SaleCallOptionsMember_lbl_7c5ae8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleCallOptionsMember_lbl_7c5ae8" xml:lang="en-US">Sale Call Options [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchasedCallOptionsMember" xlink:label="ifrs-full_PurchasedCallOptionsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasedCallOptionsMember" xlink:to="ifrs-full_PurchasedCallOptionsMember_lbl_75377b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasedCallOptionsMember_lbl_75377b" xml:lang="en-US">Purchased Call Options [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Commodities" xlink:label="cresud_Commodities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Commodities" xlink:to="cresud_Commodities_lbl_468aa1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Commodities_lbl_468aa1" xml:lang="en-US">Commodities (in tons)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="ifrs-full_FinancialAssetsAtFairValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl_8f46e3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl_8f46e3" xml:lang="en-US">Derivatives at fair value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainLossForValuationAtFairValueOnCommodities" xlink:label="cresud_GainLossForValuationAtFairValueOnCommodities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainLossForValuationAtFairValueOnCommodities" xlink:to="cresud_GainLossForValuationAtFairValueOnCommodities_lbl_9dd0ba" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainLossForValuationAtFairValueOnCommodities_lbl_9dd0ba" xml:lang="en-US">Gain / (Loss) for valuation at fair value at year-end</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PremiumPaidAndCollectedonCommodities" xlink:label="cresud_PremiumPaidAndCollectedonCommodities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PremiumPaidAndCollectedonCommodities" xlink:to="cresud_PremiumPaidAndCollectedonCommodities_lbl_654b59" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PremiumPaidAndCollectedonCommodities_lbl_654b59" xml:lang="en-US">Premium paid or (collected)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl_cbb62c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl_cbb62c" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LessThanOneYearMember" xlink:label="cresud_LessThanOneYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LessThanOneYearMember" xlink:to="cresud_LessThanOneYearMember_lbl_60ab28" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LessThanOneYearMember_lbl_60ab28" xml:lang="en-US">Less than 1 year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BetweenOneAndTwoYearsMember" xlink:label="cresud_BetweenOneAndTwoYearsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenOneAndTwoYearsMember" xlink:to="cresud_BetweenOneAndTwoYearsMember_lbl_0f956f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BetweenOneAndTwoYearsMember_lbl_0f956f" xml:lang="en-US">Between 1 and 2 years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MoreThanFourYearsMember" xlink:label="cresud_MoreThanFourYearsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MoreThanFourYearsMember" xlink:to="cresud_MoreThanFourYearsMember_lbl_eb63f4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MoreThanFourYearsMember_lbl_eb63f4" xml:lang="en-US">More than 4 years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BetweenThreeAndFourYearsMember" xlink:label="cresud_BetweenThreeAndFourYearsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenThreeAndFourYearsMember" xlink:to="cresud_BetweenThreeAndFourYearsMember_lbl_9d6295" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BetweenThreeAndFourYearsMember_lbl_9d6295" xml:lang="en-US">Between 3 and 4 years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BetweenTwoAndThreeYearsMember" xlink:label="cresud_BetweenTwoAndThreeYearsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenTwoAndThreeYearsMember" xlink:to="cresud_BetweenTwoAndThreeYearsMember_lbl_1ebd6e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BetweenTwoAndThreeYearsMember_lbl_1ebd6e" xml:lang="en-US">Between 2 and 3 years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl_e7c859" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl_e7c859" xml:lang="en-US">Trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="ifrs-full_TradeAndOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayables_lbl_2" xml:lang="en-US">[Trade and other payables 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl_6a8623" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Borrowings_lbl_6a8623" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings" xlink:label="ifrs-full_Borrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Borrowings_lbl_3" xml:lang="en-US">[Borrowings]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinanceLeaseObligations" xlink:to="cresud_FinanceLeaseObligations_lbl_5869c2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_FinanceLeaseObligations_lbl_5869c2" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinanceLeaseObligations" xlink:label="cresud_FinanceLeaseObligations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinanceLeaseObligations" xlink:to="cresud_FinanceLeaseObligations_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinanceLeaseObligations_lbl_4" xml:lang="en-US">[Lease liabilities 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstruments" xlink:to="cresud_DerivativeFinancialInstruments_lbl_fd275d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DerivativeFinancialInstruments_lbl_fd275d" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstruments" xlink:label="cresud_DerivativeFinancialInstruments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstruments" xlink:to="cresud_DerivativeFinancialInstruments_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstruments_lbl_5" xml:lang="en-US">[Derivative financial instruments]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl_13e626" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl_13e626" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="ifrs-full_DerivativeFinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl_6" xml:lang="en-US">[Derivative financial liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrbanPropertiesAndInvestmentsBusinessMember" xlink:label="cresud_UrbanPropertiesAndInvestmentsBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertiesAndInvestmentsBusinessMember" xlink:to="cresud_UrbanPropertiesAndInvestmentsBusinessMember_lbl_aa04a8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrbanPropertiesAndInvestmentsBusinessMember_lbl_aa04a8" xml:lang="en-US">Urban Properties and Investments Business [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LessThanOneYearMember" xlink:to="cresud_LessThanOneYearMember_lbl_035229" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LessThanOneYearMember_lbl_035229" xml:lang="en-US">Less than 1 year [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenOneAndTwoYearsMember" xlink:to="cresud_BetweenOneAndTwoYearsMember_lbl_f3f1bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BetweenOneAndTwoYearsMember_lbl_f3f1bb" xml:lang="en-US">Between 1 and 2 years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenTwoAndThreeYearsMember" xlink:to="cresud_BetweenTwoAndThreeYearsMember_lbl_a36f9d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BetweenTwoAndThreeYearsMember_lbl_a36f9d" xml:lang="en-US">Between 2 and 3 years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BetweenThreeAndFourYearsMember" xlink:to="cresud_BetweenThreeAndFourYearsMember_lbl_3cabb6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BetweenThreeAndFourYearsMember_lbl_3cabb6" xml:lang="en-US">Between 3 and 4 years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MoreThanFourYearsMember" xlink:to="cresud_MoreThanFourYearsMember_lbl_26e273" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_MoreThanFourYearsMember_lbl_26e273" xml:lang="en-US">More than 4 years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl_6d9af9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl_6d9af9" xml:lang="en-US">Trade and other payables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl_880254" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Borrowings_lbl_880254" xml:lang="en-US">Borrowings</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinanceLeaseObligations" xlink:to="cresud_FinanceLeaseObligations_lbl_3cfa74" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_FinanceLeaseObligations_lbl_3cfa74" xml:lang="en-US">Lease liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsCurrent" xlink:to="cresud_DerivativeFinancialInstrumentsCurrent_lbl_039a24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DerivativeFinancialInstrumentsCurrent_lbl_039a24" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstrumentsCurrent" xlink:label="cresud_DerivativeFinancialInstrumentsCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsCurrent" xlink:to="cresud_DerivativeFinancialInstrumentsCurrent_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstrumentsCurrent_lbl_5" xml:lang="en-US">[Derivative financial instruments 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl_821ecb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl_821ecb" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfGearingRatio" xlink:label="cresud_PercentageOfGearingRatio" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfGearingRatio" xlink:to="cresud_PercentageOfGearingRatio_lbl_903704" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfGearingRatio_lbl_903704" xml:lang="en-US">Gearing ratio</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfDebtRatio" xlink:label="cresud_PercentageOfDebtRatio" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfDebtRatio" xlink:to="cresud_PercentageOfDebtRatio_lbl_836057" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfDebtRatio_lbl_836057" xml:lang="en-US">Debt ratio</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertiesAndInvestmentsBusinessMember" xlink:to="cresud_UrbanPropertiesAndInvestmentsBusinessMember_lbl_a32c21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_UrbanPropertiesAndInvestmentsBusinessMember_lbl_a32c21" xml:lang="en-US">Urban Properties and Investments Business [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetAssetsLiabilities" xlink:label="ifrs-full_NetAssetsLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetAssetsLiabilities" xlink:to="ifrs-full_NetAssetsLiabilities_lbl_d142a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetAssetsLiabilities_lbl_d142a1" xml:lang="en-US">Liability net book value</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherGainsLosses" xlink:label="ifrs-full_OtherGainsLosses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherGainsLosses" xlink:to="ifrs-full_OtherGainsLosses_lbl_2ef7b5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherGainsLosses_lbl_2ef7b5" xml:lang="en-US">Loss for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentContractAssets" xlink:label="ifrs-full_CurrentContractAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentContractAssets" xlink:to="ifrs-full_CurrentContractAssets_lbl_69bec5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentContractAssets_lbl_69bec5" xml:lang="en-US">Future exchange contracts assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfAgriculturalBusiness" xlink:label="cresud_DescriptionOfAgriculturalBusiness" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfAgriculturalBusiness" xlink:to="cresud_DescriptionOfAgriculturalBusiness_lbl_3b6991" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfAgriculturalBusiness_lbl_3b6991" xml:lang="en-US">Agriculture business description</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTradingIncomeExpense" xlink:label="ifrs-full_OtherTradingIncomeExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTradingIncomeExpense" xlink:to="ifrs-full_OtherTradingIncomeExpense_lbl_cfbe58" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherTradingIncomeExpense_lbl_cfbe58" xml:lang="en-US">Investments in shares and derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FixedInterestRatePercentageOfLongTermFinancialBorrowings" xlink:label="cresud_FixedInterestRatePercentageOfLongTermFinancialBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FixedInterestRatePercentageOfLongTermFinancialBorrowings" xlink:to="cresud_FixedInterestRatePercentageOfLongTermFinancialBorrowings_lbl_e1f9c6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FixedInterestRatePercentageOfLongTermFinancialBorrowings_lbl_e1f9c6" xml:lang="en-US">Long-term financial borrowings fixed interest rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfTradeReceivables" xlink:label="cresud_PercentageOfTradeReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfTradeReceivables" xlink:to="cresud_PercentageOfTradeReceivables_lbl_7985a6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfTradeReceivables_lbl_7985a6" xml:lang="en-US">Trade receivables percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountOfLossBeforeIncomeTax" xlink:label="cresud_AmountOfLossBeforeIncomeTax" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountOfLossBeforeIncomeTax" xlink:to="cresud_AmountOfLossBeforeIncomeTax_lbl_207355" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountOfLossBeforeIncomeTax_lbl_207355" xml:lang="en-US">Loss before income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PercentageOfGroupTradeReceivable" xlink:label="cresud_PercentageOfGroupTradeReceivable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PercentageOfGroupTradeReceivable" xlink:to="cresud_PercentageOfGroupTradeReceivable_lbl_91172d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PercentageOfGroupTradeReceivable_lbl_91172d" xml:lang="en-US">Percentage of trade receivable by group</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_lbl_96b698" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_lbl_96b698" xml:lang="en-US">Net loss before income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrbanPropertyAndInvestmentBusinessMember" xlink:label="cresud_UrbanPropertyAndInvestmentBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertyAndInvestmentBusinessMember" xlink:to="cresud_UrbanPropertyAndInvestmentBusinessMember_lbl_a9eaed" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrbanPropertyAndInvestmentBusinessMember_lbl_a9eaed" xml:lang="en-US">Urban Property And Investment Business [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrbanPropertiesAndInvestmentBusinessSubtotalMember" xlink:label="cresud_UrbanPropertiesAndInvestmentBusinessSubtotalMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertiesAndInvestmentBusinessSubtotalMember" xlink:to="cresud_UrbanPropertiesAndInvestmentBusinessSubtotalMember_lbl_8c1e78" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrbanPropertiesAndInvestmentBusinessSubtotalMember_lbl_8c1e78" xml:lang="en-US">Sub total segment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalOperatingSegmentsMember" xlink:label="cresud_TotalOperatingSegmentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalOperatingSegmentsMember" xlink:to="cresud_TotalOperatingSegmentsMember_lbl_5b90f3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalOperatingSegmentsMember_lbl_5b90f3" xml:lang="en-US">Total Operating Segments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EliminationsMember" xlink:label="cresud_EliminationsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EliminationsMember" xlink:to="cresud_EliminationsMember_lbl_7cd52c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EliminationsMember_lbl_7cd52c" xml:lang="en-US">Eliminations [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsMember" xlink:label="cresud_AdjustmentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsMember" xlink:to="cresud_AdjustmentsMember_lbl_d5aca0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsMember_lbl_d5aca0" xml:lang="en-US">Adjustments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_JointsVenturesMember" xlink:label="cresud_JointsVenturesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_JointsVenturesMember" xlink:to="cresud_JointsVenturesMember_lbl_1083b5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_JointsVenturesMember_lbl_1083b5" xml:lang="en-US">Joints Ventures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalsBusinessMember" xlink:label="cresud_AgriculturalsBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalsBusinessMember" xlink:to="cresud_AgriculturalsBusinessMember_lbl_c03f54" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalsBusinessMember_lbl_c03f54" xml:lang="en-US">Agriculturals Business [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SegmentRevenue" xlink:to="cresud_SegmentRevenue_lbl_740cb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SegmentRevenue_lbl_740cb1" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SegmentRevenue" xlink:label="cresud_SegmentRevenue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SegmentRevenue" xlink:to="cresud_SegmentRevenue_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SegmentRevenue_lbl_2" xml:lang="en-US">[Revenues]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingCosts" xlink:to="cresud_OperatingCosts_lbl_f73607" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OperatingCosts_lbl_f73607" xml:lang="en-US">Costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperatingCosts" xlink:label="cresud_OperatingCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingCosts" xlink:to="cresud_OperatingCosts_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperatingCosts_lbl_3" xml:lang="en-US">[Costs]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod" xlink:to="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_475c1d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_475c1d" xml:lang="en-US">Initial recognition and changes in the fair value of biological assets and agricultural products at the point of harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod" xlink:label="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod" xlink:to="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_4" xml:lang="en-US">[Gains (losses) on initial recognition of biological assets and agricultural produce for current period]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_9178fb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_9178fb" xml:lang="en-US">Changes in the net realizable value of agricultural products after harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:label="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_5" xml:lang="en-US">[Changes in the net realizable value of agricultural products after harvest]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl_367fa1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GrossProfit_lbl_367fa1" xml:lang="en-US">Gross profit</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForGainsLossesOnFairValueAdjustmentsInvestmentProperty" xlink:label="cresud_AdjustmentsForGainsLossesOnFairValueAdjustmentsInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForGainsLossesOnFairValueAdjustmentsInvestmentProperty" xlink:to="cresud_AdjustmentsForGainsLossesOnFairValueAdjustmentsInvestmentProperty_lbl_4aece8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForGainsLossesOnFairValueAdjustmentsInvestmentProperty_lbl_4aece8" xml:lang="en-US">Net gain / (loss) from fair value adjustments of investment properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainFromDisposalOfFarmlands" xlink:to="cresud_GainFromDisposalOfFarmlands_lbl_971499" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_GainFromDisposalOfFarmlands_lbl_971499" xml:lang="en-US">Gain from disposal of farmlands</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainFromDisposalOfFarmlands" xlink:label="cresud_GainFromDisposalOfFarmlands" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainFromDisposalOfFarmlands" xlink:to="cresud_GainFromDisposalOfFarmlands_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainFromDisposalOfFarmlands_lbl_8" xml:lang="en-US">[Gain from disposal of farmlands]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralAndAdministrativeExpenses" xlink:to="cresud_GeneralAndAdministrativeExpenses_lbl_05cdf6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_GeneralAndAdministrativeExpenses_lbl_05cdf6" xml:lang="en-US">General and administrative expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralAndAdministrativeExpenses" xlink:label="cresud_GeneralAndAdministrativeExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralAndAdministrativeExpenses" xlink:to="cresud_GeneralAndAdministrativeExpenses_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralAndAdministrativeExpenses_lbl_9" xml:lang="en-US">[General and administrative expenses]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellingExpenses" xlink:to="cresud_SellingExpenses_lbl_6c2cff" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SellingExpenses_lbl_6c2cff" xml:lang="en-US">Selling expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SellingExpenses" xlink:label="cresud_SellingExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellingExpenses" xlink:to="cresud_SellingExpenses_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SellingExpenses_lbl_10" xml:lang="en-US">[Selling expenses]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl_15ca6e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl_15ca6e" xml:lang="en-US">Other operating results, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ManagementFeesExpense" xlink:to="cresud_ManagementFeesExpense_lbl_15685c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ManagementFeesExpense_lbl_15685c" xml:lang="en-US">Management fees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ManagementFeesExpense" xlink:label="cresud_ManagementFeesExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ManagementFeesExpense" xlink:to="cresud_ManagementFeesExpense_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ManagementFeesExpense_lbl_12" xml:lang="en-US">[Management fees]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl_b5e22e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl_b5e22e" xml:lang="en-US">Profit / (loss) from operations</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl_13" xml:lang="en-US">[Profit (loss) from operating activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareOfProfitLossOfAssociatesAndJointVentures" xlink:label="cresud_ShareOfProfitLossOfAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfProfitLossOfAssociatesAndJointVentures" xlink:to="cresud_ShareOfProfitLossOfAssociatesAndJointVentures_lbl_39ad94" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareOfProfitLossOfAssociatesAndJointVentures_lbl_39ad94" xml:lang="en-US">Share of profit / (loss) of associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProfitFromOperationsBeforeFinancingAndTaxation" xlink:label="cresud_ProfitFromOperationsBeforeFinancingAndTaxation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProfitFromOperationsBeforeFinancingAndTaxation" xlink:to="cresud_ProfitFromOperationsBeforeFinancingAndTaxation_lbl_3fb485" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProfitFromOperationsBeforeFinancingAndTaxation_lbl_3fb485" xml:lang="en-US">Segment profit / (loss)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperatingAssetsFromOperationsCenterInIsrael" xlink:label="cresud_OperatingAssetsFromOperationsCenterInIsrael" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingAssetsFromOperationsCenterInIsrael" xlink:to="cresud_OperatingAssetsFromOperationsCenterInIsrael_lbl_fe2f75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperatingAssetsFromOperationsCenterInIsrael_lbl_fe2f75" xml:lang="en-US">Reportable assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalSegmentAssets" xlink:label="cresud_TotalSegmentAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalSegmentAssets" xlink:to="cresud_TotalSegmentAssets_lbl_1e9059" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalSegmentAssets_lbl_1e9059" xml:lang="en-US">Reportable liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperatingLiabilitiesFromOperationsCenterInIsrael" xlink:label="cresud_OperatingLiabilitiesFromOperationsCenterInIsrael" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingLiabilitiesFromOperationsCenterInIsrael" xlink:to="cresud_OperatingLiabilitiesFromOperationsCenterInIsrael_lbl_622591" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperatingLiabilitiesFromOperationsCenterInIsrael_lbl_622591" xml:lang="en-US">Net reportable assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl_9068b0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl_9068b0" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl_0ea1cc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl_0ea1cc" xml:lang="en-US">Others [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalProductionMember" xlink:label="cresud_AgriculturalProductionMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalProductionMember" xlink:to="cresud_AgriculturalProductionMember_lbl_f45371" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalProductionMember_lbl_f45371" xml:lang="en-US">Agricultural Production [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LandTransformationAndSalesMember" xlink:label="cresud_LandTransformationAndSalesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LandTransformationAndSalesMember" xlink:to="cresud_LandTransformationAndSalesMember_lbl_05f7be" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LandTransformationAndSalesMember_lbl_05f7be" xml:lang="en-US">Land Transformation And Sales [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalAgriculturalBusinessMember" xlink:label="cresud_TotalAgriculturalBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalAgriculturalBusinessMember" xlink:to="cresud_TotalAgriculturalBusinessMember_lbl_4647a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalAgriculturalBusinessMember_lbl_4647a2" xml:lang="en-US">Total Agricultural Business [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Corporate1Member" xlink:label="cresud_Corporate1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Corporate1Member" xlink:to="cresud_Corporate1Member_lbl_884bb6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Corporate1Member_lbl_884bb6" xml:lang="en-US">Corporate [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl_2375db" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Revenue_lbl_2375db" xml:lang="en-US">Revenues</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingCosts" xlink:to="cresud_OperatingCosts_lbl_a5000d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_OperatingCosts_lbl_a5000d" xml:lang="en-US">Costs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod" xlink:to="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_98ce8d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod_lbl_98ce8d" xml:lang="en-US">Initial recognition and changes in the fair value of biological assets and agricultural products at the point of harvest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_7a78c8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_7a78c8" xml:lang="en-US">Changes in the net realizable value of agricultural products after harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:label="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_5" xml:lang="en-US">[Changes in the net realizable value of agricultural products after harvest 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl_caabd7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_GrossProfit_lbl_caabd7" xml:lang="en-US">Gross profit / (loss)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_e01c88" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_e01c88" xml:lang="en-US">Net gain from fair value adjustment of investment properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainFromDisposalOfFarmlands" xlink:to="cresud_GainFromDisposalOfFarmlands_lbl_c67d97" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_GainFromDisposalOfFarmlands_lbl_c67d97" xml:lang="en-US">Gain from disposal of farmlands</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralAndAdministrativeExpenses" xlink:to="cresud_GeneralAndAdministrativeExpenses_lbl_925b35" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_GeneralAndAdministrativeExpenses_lbl_925b35" xml:lang="en-US">General and administrative expenses</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellingExpenseToCustomer" xlink:to="cresud_SellingExpenseToCustomer_lbl_631ddd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_SellingExpenseToCustomer_lbl_631ddd" xml:lang="en-US">Selling expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SellingExpenseToCustomer" xlink:label="cresud_SellingExpenseToCustomer" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellingExpenseToCustomer" xlink:to="cresud_SellingExpenseToCustomer_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SellingExpenseToCustomer_lbl_10" xml:lang="en-US">[Selling expenses 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl_ab6a29" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl_ab6a29" xml:lang="en-US">Other operating results, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl_224a27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl_224a27" xml:lang="en-US">Profit / (loss) from operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfProfitLossOfAssociatesAndJointVentures" xlink:to="cresud_ShareOfProfitLossOfAssociatesAndJointVentures_lbl_83b99c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ShareOfProfitLossOfAssociatesAndJointVentures_lbl_83b99c" xml:lang="en-US">Share of profit/ (loss) of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl_f815fb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLoss_lbl_f815fb" xml:lang="en-US">Segment profit / (loss)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentNet" xlink:to="cresud_PropertyPlantAndEquipmentNet_lbl_8082cf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_PropertyPlantAndEquipmentNet_lbl_8082cf" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyPlantAndEquipmentNet" xlink:label="cresud_PropertyPlantAndEquipmentNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentNet" xlink:to="cresud_PropertyPlantAndEquipmentNet_lbl_16" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyPlantAndEquipmentNet_lbl_16" xml:lang="en-US">[Property, plant and equipment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_b5584f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_b5584f" xml:lang="en-US">Investments in associates</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherReportableAssets" xlink:label="cresud_OtherReportableAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherReportableAssets" xlink:to="cresud_OtherReportableAssets_lbl_3a3ba1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherReportableAssets_lbl_3a3ba1" xml:lang="en-US">Other reportable assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalAgricultureAssets" xlink:to="cresud_TotalAgricultureAssets_lbl_a9f97a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalAgricultureAssets_lbl_a9f97a" xml:lang="en-US">Reportable assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalAgricultureAssets" xlink:label="cresud_TotalAgricultureAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalAgricultureAssets" xlink:to="cresud_TotalAgricultureAssets_lbl_19" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalAgricultureAssets_lbl_19" xml:lang="en-US">[Reportable assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossProfitsLoss" xlink:to="cresud_GrossProfitsLoss_lbl_09326e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_GrossProfitsLoss_lbl_09326e" xml:lang="en-US">Gross profit / (loss)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GrossProfitsLoss" xlink:label="cresud_GrossProfitsLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossProfitsLoss" xlink:to="cresud_GrossProfitsLoss_lbl_21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GrossProfitsLoss_lbl_21" xml:lang="en-US">[Gross profit / (loss)]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OfficesMember" xlink:label="cresud_OfficesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OfficesMember" xlink:to="cresud_OfficesMember_lbl_85e3d2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OfficesMember_lbl_85e3d2" xml:lang="en-US">Offices [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShoppingMallsMember" xlink:label="cresud_ShoppingMallsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsMember" xlink:to="cresud_ShoppingMallsMember_lbl_b9241a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShoppingMallsMember_lbl_b9241a" xml:lang="en-US">Shopping Malls [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SalesAndDevelopmentsMember" xlink:label="cresud_SalesAndDevelopmentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalesAndDevelopmentsMember" xlink:to="cresud_SalesAndDevelopmentsMember_lbl_4840f4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SalesAndDevelopmentsMember_lbl_4840f4" xml:lang="en-US">Sales and developments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_HotelsMember" xlink:label="cresud_HotelsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_HotelsMember" xlink:to="cresud_HotelsMember_lbl_a87916" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_HotelsMember_lbl_a87916" xml:lang="en-US">Hotels [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperationsCenterInArgentinaMember" xlink:label="cresud_OperationsCenterInArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperationsCenterInArgentinaMember" xlink:to="cresud_OperationsCenterInArgentinaMember_lbl_a7212a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperationsCenterInArgentinaMember_lbl_a7212a" xml:lang="en-US">Total Operations Center in Argentina [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_5a113e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_5a113e" xml:lang="en-US">Net (loss) / gain from fair value adjustment of investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareOfLossOfAssociatesAndJointVentures" xlink:label="cresud_ShareOfLossOfAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfLossOfAssociatesAndJointVentures" xlink:to="cresud_ShareOfLossOfAssociatesAndJointVentures_lbl_c2851d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareOfLossOfAssociatesAndJointVentures_lbl_c2851d" xml:lang="en-US">Share of loss of associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentProperties" xlink:label="cresud_InvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentProperties" xlink:to="cresud_InvestmentProperties_lbl_2cdd9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentProperties_lbl_2cdd9e" xml:lang="en-US">Investment and trading properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl_7db3b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl_7db3b7" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_ff9192" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_ff9192" xml:lang="en-US">Investment in associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherReportableAssets" xlink:to="cresud_OtherReportableAssets_lbl_848175" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherReportableAssets_lbl_848175" xml:lang="en-US">Other reportable assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalUrbanPropertiesAndInvestmentsAssets" xlink:to="cresud_TotalUrbanPropertiesAndInvestmentsAssets_lbl_a5bf9a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalUrbanPropertiesAndInvestmentsAssets_lbl_a5bf9a" xml:lang="en-US">Reportable assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalUrbanPropertiesAndInvestmentsAssets" xlink:label="cresud_TotalUrbanPropertiesAndInvestmentsAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalUrbanPropertiesAndInvestmentsAssets" xlink:to="cresud_TotalUrbanPropertiesAndInvestmentsAssets_lbl_16" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalUrbanPropertiesAndInvestmentsAssets_lbl_16" xml:lang="en-US">[Reportable assets 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentAndTradingProperties" xlink:to="cresud_InvestmentAndTradingProperties_lbl_72dfeb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InvestmentAndTradingProperties_lbl_72dfeb" xml:lang="en-US">Investment and trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentAndTradingProperties" xlink:label="cresud_InvestmentAndTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentAndTradingProperties" xlink:to="cresud_InvestmentAndTradingProperties_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentAndTradingProperties_lbl_17" xml:lang="en-US">[Investment and trading properties]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UnitedsStatesMember" xlink:label="cresud_UnitedsStatesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UnitedsStatesMember" xlink:to="cresud_UnitedsStatesMember_lbl_e5eb70" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UnitedsStatesMember_lbl_e5eb70" xml:lang="en-US">U.S. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UruguaysMember" xlink:label="cresud_UruguaysMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UruguaysMember" xlink:to="cresud_UruguaysMember_lbl_a76824" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UruguaysMember_lbl_a76824" xml:lang="en-US">Uruguay [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalBusinessMember" xlink:to="cresud_AgriculturalBusinessMember_lbl_3fe631" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AgriculturalBusinessMember_lbl_3fe631" xml:lang="en-US">Agricultural Business [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinaMember" xlink:to="cresud_ArgentinaMember_lbl_2fc714" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ArgentinaMember_lbl_2fc714" xml:lang="en-US">Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MPITMember" xlink:label="cresud_MPITMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MPITMember" xlink:to="cresud_MPITMember_lbl_8be873" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MPITMember_lbl_8be873" xml:lang="en-US">MPIT [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherCountriesMember" xlink:label="cresud_OtherCountriesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherCountriesMember" xlink:to="cresud_OtherCountriesMember_lbl_7969a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherCountriesMember_lbl_7969a2" xml:lang="en-US">Other Countries [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FPCsMember" xlink:label="cresud_FPCsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FPCsMember" xlink:to="cresud_FPCsMember_lbl_11fb9c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FPCsMember_lbl_11fb9c" xml:lang="en-US">FPCs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BrazilsMember" xlink:label="cresud_BrazilsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BrazilsMember" xlink:to="cresud_BrazilsMember_lbl_8d98d3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BrazilsMember_lbl_8d98d3" xml:lang="en-US">Brazil</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrbanPropertiesAndInvestmentsMember" xlink:label="cresud_UrbanPropertiesAndInvestmentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrbanPropertiesAndInvestmentsMember" xlink:to="cresud_UrbanPropertiesAndInvestmentsMember_lbl_1f111d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrbanPropertiesAndInvestmentsMember_lbl_1f111d" xml:lang="en-US">Urban Properties And Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReportableSegmentPercentage" xlink:label="cresud_ReportableSegmentPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReportableSegmentPercentage" xlink:to="cresud_ReportableSegmentPercentage_lbl_51972d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReportableSegmentPercentage_lbl_51972d" xml:lang="en-US">Reportable segment percentage</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense_lbl_ad3b66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl_ad3b66" xml:lang="en-US">Management fees</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfessionalFeesExpense" xlink:label="ifrs-full_ProfessionalFeesExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl_3" xml:lang="en-US">[Professional fees expense]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CorrespondingToExpenses" xlink:label="cresud_CorrespondingToExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CorrespondingToExpenses" xlink:to="cresud_CorrespondingToExpenses_lbl_57dc14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CorrespondingToExpenses_lbl_57dc14" xml:lang="en-US">Corresponding to expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Provisions" xlink:label="ifrs-full_Provisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl_f23ef1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Provisions_lbl_f23ef1" xml:lang="en-US">Provisions amount</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromSaleOfAgriculturalProduce" xlink:label="ifrs-full_RevenueFromSaleOfAgriculturalProduce" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfAgriculturalProduce" xlink:to="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_1965b6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_1965b6" xml:lang="en-US">Revenue corresponding principle amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CorrespondingToAssets" xlink:label="cresud_CorrespondingToAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CorrespondingToAssets" xlink:to="cresud_CorrespondingToAssets_lbl_d6e06e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CorrespondingToAssets_lbl_d6e06e" xml:lang="en-US">Corresponding to assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSAInversionesYRepresentacionesSociedadAnonimaMember" xlink:label="cresud_IRSAInversionesYRepresentacionesSociedadAnonimaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSAInversionesYRepresentacionesSociedadAnonimaMember" xlink:to="cresud_IRSAInversionesYRepresentacionesSociedadAnonimaMember_lbl_1ff4c4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSAInversionesYRepresentacionesSociedadAnonimaMember_lbl_1ff4c4" xml:lang="en-US">Irsainversionesy Representaciones Sociedad Anonima [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BrasilagroCompanhiaBrasileiraDePropriedadesAgricolasMember" xlink:label="cresud_BrasilagroCompanhiaBrasileiraDePropriedadesAgricolasMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BrasilagroCompanhiaBrasileiraDePropriedadesAgricolasMember" xlink:to="cresud_BrasilagroCompanhiaBrasileiraDePropriedadesAgricolasMember_lbl_5e4472" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BrasilagroCompanhiaBrasileiraDePropriedadesAgricolasMember_lbl_5e4472" xml:lang="en-US">Brasilagro [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DirectInterestOfNoncontrollingInterest" xlink:label="cresud_DirectInterestOfNoncontrollingInterest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectInterestOfNoncontrollingInterest" xlink:to="cresud_DirectInterestOfNoncontrollingInterest_lbl_f3b2ae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DirectInterestOfNoncontrollingInterest_lbl_f3b2ae" xml:lang="en-US">Direct interest of non-controlling interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl_ede0c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentAssets_lbl_ede0c7" xml:lang="en-US">Current assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl_8888c1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl_8888c1" xml:lang="en-US">Non-current assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl_970f12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl_970f12" xml:lang="en-US">Current liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl_b36a23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl_b36a23" xml:lang="en-US">Non-current liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl_e0ead3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Assets_lbl_e0ead3" xml:lang="en-US">Net assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BookValueOfNoncontrollingShareholders" xlink:label="cresud_BookValueOfNoncontrollingShareholders" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BookValueOfNoncontrollingShareholders" xlink:to="cresud_BookValueOfNoncontrollingShareholders_lbl_1cd9ad" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BookValueOfNoncontrollingShareholders_lbl_1cd9ad" xml:lang="en-US">Book value of non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetIncomesLoss" xlink:label="cresud_NetIncomesLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetIncomesLoss" xlink:to="cresud_NetIncomesLoss_lbl_0c7fb0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetIncomesLoss_lbl_0c7fb0" xml:lang="en-US">Net income/ (loss)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ComprehensivesIncomeNetOfTax" xlink:label="cresud_ComprehensivesIncomeNetOfTax" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComprehensivesIncomeNetOfTax" xlink:to="cresud_ComprehensivesIncomeNetOfTax_lbl_441952" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ComprehensivesIncomeNetOfTax_lbl_441952" xml:lang="en-US">Total comprehensive income / (loss)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ComprehensiveIncomesNetOfTaxAttributableToNoncontrollingInterest" xlink:label="cresud_ComprehensiveIncomesNetOfTaxAttributableToNoncontrollingInterest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComprehensiveIncomesNetOfTaxAttributableToNoncontrollingInterest" xlink:to="cresud_ComprehensiveIncomesNetOfTaxAttributableToNoncontrollingInterest_lbl_336f6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ComprehensiveIncomesNetOfTaxAttributableToNoncontrollingInterest_lbl_336f6f" xml:lang="en-US">Total comprehensive income / (loss) attributable to non-controlling interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_a7cd12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_a7cd12" xml:lang="en-US">Net cash generated from operating activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_d63f9a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_d63f9a" xml:lang="en-US">Net cash generated from / (used in) investing activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_0223ab" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_0223ab" xml:lang="en-US">Net cash (used in) / generated from financing activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl_d4aa37" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl_d4aa37" xml:lang="en-US">Net (decrease) / increase in cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl_16" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl_16" xml:lang="en-US">[Increase (decrease) in cash and cash equivalents after effect of exchange rate changes]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsDistributedToNoncontrollingShareholders" xlink:label="cresud_DividendsDistributedToNoncontrollingShareholders" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsDistributedToNoncontrollingShareholders" xlink:to="cresud_DividendsDistributedToNoncontrollingShareholders_lbl_e30de1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsDistributedToNoncontrollingShareholders_lbl_e30de1" xml:lang="en-US">Dividends distribution to non-controlling shareholders</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInJointVenturesAndAssociates" xlink:to="cresud_InvestmentsInJointVenturesAndAssociates_lbl_f377e1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_InvestmentsInJointVenturesAndAssociates_lbl_f377e1" xml:lang="en-US">Beginning of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInJointVenturesAndAssociates" xlink:label="cresud_InvestmentsInJointVenturesAndAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInJointVenturesAndAssociates" xlink:to="cresud_InvestmentsInJointVenturesAndAssociates_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInJointVenturesAndAssociates_lbl_2" xml:lang="en-US">[Beginning of the year]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IssuanceOfCapitalContributions" xlink:label="cresud_IssuanceOfCapitalContributions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IssuanceOfCapitalContributions" xlink:to="cresud_IssuanceOfCapitalContributions_lbl_952fb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IssuanceOfCapitalContributions_lbl_952fb1" xml:lang="en-US">Share capital increase and contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfInterestInAssociates" xlink:label="cresud_SaleOfInterestInAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfInterestInAssociates" xlink:to="cresud_SaleOfInterestInAssociates_lbl_ac4023" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfInterestInAssociates_lbl_ac4023" xml:lang="en-US">Sale of interest in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl_6eebb2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl_6eebb2" xml:lang="en-US">Share of profit</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherComprehensiveLossIncome" xlink:label="cresud_OtherComprehensiveLossIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherComprehensiveLossIncome" xlink:to="cresud_OtherComprehensiveLossIncome_lbl_108bfb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherComprehensiveLossIncome_lbl_108bfb" xml:lang="en-US">Other comprehensive (loss) / income</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Dividend" xlink:label="cresud_Dividend" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Dividend" xlink:to="cresud_Dividend_lbl_5170db" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Dividend_lbl_5170db" xml:lang="en-US">Dividends</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransfersFromToFinancialAssets" xlink:label="cresud_TransfersFromToFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersFromToFinancialAssets" xlink:to="cresud_TransfersFromToFinancialAssets_lbl_495742" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransfersFromToFinancialAssets_lbl_495742" xml:lang="en-US">Transfers from/to financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestDecreases" xlink:label="cresud_InterestDecreases" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestDecreases" xlink:to="cresud_InterestDecreases_lbl_288d63" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestDecreases_lbl_288d63" xml:lang="en-US">Decrease of interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInJointVenturesAndAssociates" xlink:to="cresud_InvestmentsInJointVenturesAndAssociates_lbl_0aa408" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_InvestmentsInJointVenturesAndAssociates_lbl_0aa408" xml:lang="en-US">End of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis" xlink:label="ifrs-full_JointVenturesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_JointVenturesAxis" xlink:to="ifrs-full_JointVenturesAxis_lbl_da8d81" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_JointVenturesAxis_lbl_da8d81" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentPropertyNewLipstickMember" xlink:label="cresud_InvestmentPropertyNewLipstickMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertyNewLipstickMember" xlink:to="cresud_InvestmentPropertyNewLipstickMember_lbl_cd26d4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentPropertyNewLipstickMember_lbl_cd26d4" xml:lang="en-US">New Lipstick [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentPuertoSantaFeMember" xlink:label="cresud_InvestmentPuertoSantaFeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPuertoSantaFeMember" xlink:to="cresud_InvestmentPuertoSantaFeMember_lbl_39433f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentPuertoSantaFeMember_lbl_39433f" xml:lang="en-US">Nuevo Puerto Santa Fe [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentGcdiMember" xlink:label="cresud_InvestmentGcdiMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentGcdiMember" xlink:to="cresud_InvestmentGcdiMember_lbl_74245f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentGcdiMember_lbl_74245f" xml:lang="en-US">GCDI [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentOtherJointVenturesMember" xlink:label="cresud_InvestmentOtherJointVenturesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentOtherJointVenturesMember" xlink:to="cresud_InvestmentOtherJointVenturesMember_lbl_1304cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentOtherJointVenturesMember_lbl_1304cb" xml:lang="en-US">Other Associates And Joint Ventures [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BHSAMember" xlink:to="cresud_BHSAMember_lbl_61bfd2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BHSAMember_lbl_61bfd2" xml:lang="en-US">BHSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BHSAMember" xlink:label="cresud_BHSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BHSAMember" xlink:to="cresud_BHSAMember_lbl_46" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BHSAMember_lbl_46" xml:lang="en-US">[BHSA [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaRuralSAMember" xlink:label="cresud_LaRuralSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaRuralSAMember" xlink:to="cresud_LaRuralSAMember_lbl_3ab543" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaRuralSAMember_lbl_3ab543" xml:lang="en-US">La Rural S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentAssociatesAndJointVenturesMember" xlink:label="cresud_InvestmentAssociatesAndJointVenturesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentAssociatesAndJointVenturesMember" xlink:to="cresud_InvestmentAssociatesAndJointVenturesMember_lbl_5a3db8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentAssociatesAndJointVenturesMember_lbl_5a3db8" xml:lang="en-US">Total Associates And Joint Ventures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentBACSMember" xlink:label="cresud_InvestmentBACSMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentBACSMember" xlink:to="cresud_InvestmentBACSMember_lbl_ee4cac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentBACSMember_lbl_ee4cac" xml:lang="en-US">BACS [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgroUrangaSAMember" xlink:label="cresud_AgroUrangaSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgroUrangaSAMember" xlink:to="cresud_AgroUrangaSAMember_lbl_45d9fe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgroUrangaSAMember_lbl_45d9fe" xml:lang="en-US">Agro Uranga S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProportionOfOwnershipInterestInAssociateAndJointVentures" xlink:label="cresud_ProportionOfOwnershipInterestInAssociateAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProportionOfOwnershipInterestInAssociateAndJointVentures" xlink:to="cresud_ProportionOfOwnershipInterestInAssociateAndJointVentures_lbl_66700d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProportionOfOwnershipInterestInAssociateAndJointVentures_lbl_66700d" xml:lang="en-US">Ownership interest percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ValueOfGroupInterestInEquity" xlink:label="cresud_ValueOfGroupInterestInEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ValueOfGroupInterestInEquity" xlink:to="cresud_ValueOfGroupInterestInEquity_lbl_c86ae5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ValueOfGroupInterestInEquity_lbl_c86ae5" xml:lang="en-US">Value of group interest in equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GroupsInterestInComprehensiveIncomeLoss" xlink:label="cresud_GroupsInterestInComprehensiveIncomeLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GroupsInterestInComprehensiveIncomeLoss" xlink:to="cresud_GroupsInterestInComprehensiveIncomeLoss_lbl_f2260d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GroupsInterestInComprehensiveIncomeLoss_lbl_f2260d" xml:lang="en-US">Group's interest in comprehensive income/(loss)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BACSMember" xlink:to="cresud_BACSMember_lbl_0f0fac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BACSMember_lbl_0f0fac" xml:lang="en-US">BACS [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BACSMember" xlink:label="cresud_BACSMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BACSMember" xlink:to="cresud_BACSMember_lbl_24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BACSMember_lbl_24" xml:lang="en-US">[BACS [Member]]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsPropertyNewLipstickMember" xlink:to="cresud_InvestmentsPropertyNewLipstickMember_lbl_b3a1c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InvestmentsPropertyNewLipstickMember_lbl_b3a1c5" xml:lang="en-US">New Lipstick [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsPropertyNewLipstickMember" xlink:label="cresud_InvestmentsPropertyNewLipstickMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsPropertyNewLipstickMember" xlink:to="cresud_InvestmentsPropertyNewLipstickMember_lbl_25" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsPropertyNewLipstickMember_lbl_25" xml:lang="en-US">[New Lipstick [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentLaRuralSaMember" xlink:label="cresud_InvestmentLaRuralSaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentLaRuralSaMember" xlink:to="cresud_InvestmentLaRuralSaMember_lbl_be9f92" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentLaRuralSaMember_lbl_be9f92" xml:lang="en-US">La Rural S. A. [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NuevoPuertoSantaFeMember" xlink:to="cresud_NuevoPuertoSantaFeMember_lbl_1c4043" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_NuevoPuertoSantaFeMember_lbl_1c4043" xml:lang="en-US">Nuevo Puerto Santa Fe [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NuevoPuertoSantaFeMember" xlink:label="cresud_NuevoPuertoSantaFeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NuevoPuertoSantaFeMember" xlink:to="cresud_NuevoPuertoSantaFeMember_lbl_27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NuevoPuertoSantaFeMember_lbl_27" xml:lang="en-US">[Nuevo Puerto Santa Fe [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary" xlink:to="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl_044696" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary_lbl_044696" xml:lang="en-US">Place of business / Country of incorporation</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity" xlink:to="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity_lbl_db7ec8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity_lbl_db7ec8" xml:lang="en-US">Main activity</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity" xlink:label="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity" xlink:to="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureAndExtentOfRateregulatedActivity_lbl_3" xml:lang="en-US">[Description of nature and extent of rate-regulated activity]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonShareOneVote" xlink:label="cresud_CommonShareOneVote" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonShareOneVote" xlink:to="cresud_CommonShareOneVote_lbl_eab529" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonShareOneVote_lbl_eab529" xml:lang="en-US">Common share 1 vote</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareCapitalNominalValue" xlink:label="cresud_ShareCapitalNominalValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareCapitalNominalValue" xlink:to="cresud_ShareCapitalNominalValue_lbl_b89f23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareCapitalNominalValue_lbl_b89f23" xml:lang="en-US">Share capital (nominal value)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetIncomeLoss" xlink:label="cresud_NetIncomeLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetIncomeLoss" xlink:to="cresud_NetIncomeLoss_lbl_3c89af" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetIncomeLoss_lbl_3c89af" xml:lang="en-US">(Loss) / profit for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareholdersEquity" xlink:label="cresud_ShareholdersEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareholdersEquity" xlink:to="cresud_ShareholdersEquity_lbl_92731e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareholdersEquity_lbl_92731e" xml:lang="en-US">Shareholders equity</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl_14db97" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentAssets_lbl_14db97" xml:lang="en-US">Current Assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl_c4338f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl_c4338f" xml:lang="en-US">Non-current Assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl_c589cc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl_c589cc" xml:lang="en-US">Current Liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl_65d23d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl_65d23d" xml:lang="en-US">Non-current Liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl_dc7400" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Assets_lbl_dc7400" xml:lang="en-US">Net assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProportionOfOwnershipInterestInAssociate1" xlink:label="cresud_ProportionOfOwnershipInterestInAssociate1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProportionOfOwnershipInterestInAssociate1" xlink:to="cresud_ProportionOfOwnershipInterestInAssociate1_lbl_859db3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProportionOfOwnershipInterestInAssociate1_lbl_859db3" xml:lang="en-US">Ownership interest held percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestInJointAssociate" xlink:label="cresud_InterestInJointAssociate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestInJointAssociate" xlink:to="cresud_InterestInJointAssociate_lbl_5e475f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestInJointAssociate_lbl_5e475f" xml:lang="en-US">Interest in associate and joint venture</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GoodwillAndOthers" xlink:label="cresud_GoodwillAndOthers" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GoodwillAndOthers" xlink:to="cresud_GoodwillAndOthers_lbl_a4621e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GoodwillAndOthers_lbl_a4621e" xml:lang="en-US">Goodwill and others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BookValue" xlink:label="cresud_BookValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BookValue" xlink:to="cresud_BookValue_lbl_c64291" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BookValue_lbl_c64291" xml:lang="en-US">Book value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentBhsaMember" xlink:label="cresud_InvestmentBhsaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentBhsaMember" xlink:to="cresud_InvestmentBhsaMember_lbl_b15eb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentBhsaMember_lbl_b15eb1" xml:lang="en-US">Investment BHSA [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl_31fe4e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl_31fe4e" xml:lang="en-US">Total comprehensive income / (loss)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendDistributionsOfAssociation" xlink:label="cresud_DividendDistributionsOfAssociation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendDistributionsOfAssociation" xlink:to="cresud_DividendDistributionsOfAssociation_lbl_c7e4df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendDistributionsOfAssociation_lbl_c7e4df" xml:lang="en-US">Dividend distribution</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_a73e6a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl_a73e6a" xml:lang="en-US">Cash of operating activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_2c8d15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl_2c8d15" xml:lang="en-US">Cash of investing activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_b51357" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl_b51357" xml:lang="en-US">Cash of financing activities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl_2437d3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl_2437d3" xml:lang="en-US">Changes in cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsPuertoRetiroMember" xlink:label="cresud_InvestmentsPuertoRetiroMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsPuertoRetiroMember" xlink:to="cresud_InvestmentsPuertoRetiroMember_lbl_ca19b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsPuertoRetiroMember_lbl_ca19b7" xml:lang="en-US">Puerto Retiro [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NegativeEquityInterestsInCompanies" xlink:label="cresud_NegativeEquityInterestsInCompanies" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NegativeEquityInterestsInCompanies" xlink:to="cresud_NegativeEquityInterestsInCompanies_lbl_fdebdb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NegativeEquityInterestsInCompanies_lbl_fdebdb" xml:lang="en-US">Interests in companies with equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MarketPriceOfShare" xlink:label="cresud_MarketPriceOfShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MarketPriceOfShare" xlink:to="cresud_MarketPriceOfShare_lbl_d914a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MarketPriceOfShare_lbl_d914a1" xml:lang="en-US">Market Price</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CarryingValueOfInvestmentPropertyPercentange" xlink:label="cresud_CarryingValueOfInvestmentPropertyPercentange" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CarryingValueOfInvestmentPropertyPercentange" xlink:to="cresud_CarryingValueOfInvestmentPropertyPercentange_lbl_35a1ac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CarryingValueOfInvestmentPropertyPercentange_lbl_35a1ac" xml:lang="en-US">Investment property carrying value percent</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneratingCashFlowsProjectionPeriod" xlink:label="cresud_GeneratingCashFlowsProjectionPeriod" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneratingCashFlowsProjectionPeriod" xlink:to="cresud_GeneratingCashFlowsProjectionPeriod_lbl_5f5404" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneratingCashFlowsProjectionPeriod_lbl_5f5404" xml:lang="en-US">Projection period for cash flows generation</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:to="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl_7f3411" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl_7f3411" xml:lang="en-US">Discount rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfDiscountRates" xlink:label="cresud_DescriptionOfDiscountRates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfDiscountRates" xlink:to="cresud_DescriptionOfDiscountRates_lbl_81fe62" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfDiscountRates_lbl_81fe62" xml:lang="en-US">Discount rate description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AreaOfLandOwnedOfAPlot" xlink:label="cresud_AreaOfLandOwnedOfAPlot" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AreaOfLandOwnedOfAPlot" xlink:to="cresud_AreaOfLandOwnedOfAPlot_lbl_e4d9b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AreaOfLandOwnedOfAPlot_lbl_e4d9b2" xml:lang="en-US">Area of land owned</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UseOfInvestment" xlink:label="cresud_UseOfInvestment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UseOfInvestment" xlink:to="cresud_UseOfInvestment_lbl_1a9236" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UseOfInvestment_lbl_1a9236" xml:lang="en-US">Use of investment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl_e1c98f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl_e1c98f" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl_39ab5f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl_39ab5f" xml:lang="en-US">Level 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShoppingMallsInArgentinaMember" xlink:label="cresud_ShoppingMallsInArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsInArgentinaMember" xlink:to="cresud_ShoppingMallsInArgentinaMember_lbl_f81fc3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShoppingMallsInArgentinaMember_lbl_f81fc3" xml:lang="en-US">Shopping Malls in Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl_7befa9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl_7befa9" xml:lang="en-US">Level 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl_bd6986" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl_bd6986" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsInvestmentProperty" xlink:label="ifrs-full_DisposalsInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsInvestmentProperty" xlink:to="ifrs-full_DisposalsInvestmentProperty_lbl_e1cb54" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsInvestmentProperty_lbl_e1cb54" xml:lang="en-US">Disposals</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransfersToAssetsHeldForSale" xlink:label="cresud_TransfersToAssetsHeldForSale" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersToAssetsHeldForSale" xlink:to="cresud_TransfersToAssetsHeldForSale_lbl_7ed1e8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransfersToAssetsHeldForSale_lbl_7ed1e8" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="cresud_NetGainsLossesOnFairValueAdjustmentInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="cresud_NetGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_49baaa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl_49baaa" xml:lang="en-US">Net (loss) / gain from fair value adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdditionalCapitalizedLeasingCosts" xlink:label="cresud_AdditionalCapitalizedLeasingCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionalCapitalizedLeasingCosts" xlink:to="cresud_AdditionalCapitalizedLeasingCosts_lbl_e2a750" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdditionalCapitalizedLeasingCosts_lbl_e2a750" xml:lang="en-US">Additions of capitalized leasing costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmortizationOfCapitalizedLeasingCosts" xlink:label="cresud_AmortizationOfCapitalizedLeasingCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmortizationOfCapitalizedLeasingCosts" xlink:to="cresud_AmortizationOfCapitalizedLeasingCosts_lbl_dea69e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmortizationOfCapitalizedLeasingCosts_lbl_dea69e" xml:lang="en-US">Amortization of capitalized leasing costs (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_lbl_c79623" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_lbl_c79623" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BalanceIncorporatedByBusinessCombination" xlink:label="cresud_BalanceIncorporatedByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BalanceIncorporatedByBusinessCombination" xlink:to="cresud_BalanceIncorporatedByBusinessCombination_lbl_33765a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BalanceIncorporatedByBusinessCombination_lbl_33765a" xml:lang="en-US">Balance incorporated by business combination (ii)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl_e9b0fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_InvestmentProperty_lbl_e9b0fc" xml:lang="en-US">Fair value at the beginning of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl_3e7da9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_InvestmentProperty_lbl_3e7da9" xml:lang="en-US">Fair value at the end of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="ifrs-full_TypesOfInvestmentPropertyAxis_lbl_a9959d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis_lbl_a9959d" xml:lang="en-US">Types of investment property [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsInvestmentPropertyMember" xlink:to="cresud_ShoppingMallsInvestmentPropertyMember_lbl_adf011" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ShoppingMallsInvestmentPropertyMember_lbl_adf011" xml:lang="en-US">Shopping Malls [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShoppingMallsInvestmentPropertyMember" xlink:label="cresud_ShoppingMallsInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsInvestmentPropertyMember" xlink:to="cresud_ShoppingMallsInvestmentPropertyMember_lbl_22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShoppingMallsInvestmentPropertyMember_lbl_22" xml:lang="en-US">[Shopping Malls [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeasedOutFarmlandInvestmentPropertyMember" xlink:label="cresud_LeasedOutFarmlandInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeasedOutFarmlandInvestmentPropertyMember" xlink:to="cresud_LeasedOutFarmlandInvestmentPropertyMember_lbl_2e74c1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeasedOutFarmlandInvestmentPropertyMember_lbl_2e74c1" xml:lang="en-US">Leased Out Farmland [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OfficesAndOtherRentalPopertiesInvestmentPropertyMember" xlink:label="cresud_OfficesAndOtherRentalPopertiesInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OfficesAndOtherRentalPopertiesInvestmentPropertyMember" xlink:to="cresud_OfficesAndOtherRentalPopertiesInvestmentPropertyMember_lbl_ae6f13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OfficesAndOtherRentalPopertiesInvestmentPropertyMember_lbl_ae6f13" xml:lang="en-US">Offices and other rental poperties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentUndevelopedParcelsOfLandInvestmentPropertyMember" xlink:label="cresud_InvestmentUndevelopedParcelsOfLandInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentUndevelopedParcelsOfLandInvestmentPropertyMember" xlink:to="cresud_InvestmentUndevelopedParcelsOfLandInvestmentPropertyMember_lbl_83b33c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentUndevelopedParcelsOfLandInvestmentPropertyMember_lbl_83b33c" xml:lang="en-US">Undeveloped parcels of land [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyUnderDevelopmentInvestmentPropertyMember" xlink:label="cresud_PropertyUnderDevelopmentInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyUnderDevelopmentInvestmentPropertyMember" xlink:to="cresud_PropertyUnderDevelopmentInvestmentPropertyMember_lbl_66264b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyUnderDevelopmentInvestmentPropertyMember_lbl_66264b" xml:lang="en-US">Properties under development [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherInvestmentPropertyMember" xlink:to="cresud_OtherInvestmentPropertyMember_lbl_8749a8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherInvestmentPropertyMember_lbl_8749a8" xml:lang="en-US">Others [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherInvestmentPropertyMember" xlink:label="cresud_OtherInvestmentPropertyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherInvestmentPropertyMember" xlink:to="cresud_OtherInvestmentPropertyMember_lbl_27" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherInvestmentPropertyMember_lbl_27" xml:lang="en-US">[Others [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CordobaShoppingMember" xlink:label="cresud_CordobaShoppingMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CordobaShoppingMember" xlink:to="cresud_CordobaShoppingMember_lbl_bdd5c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CordobaShoppingMember_lbl_bdd5c5" xml:lang="en-US">Cordoba Shopping [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentPropertyAssets" xlink:label="cresud_InvestmentPropertyAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertyAssets" xlink:to="cresud_InvestmentPropertyAssets_lbl_b0f296" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentPropertyAssets_lbl_b0f296" xml:lang="en-US">Investment Property</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalIncomeFromInvestmentProperty" xlink:to="ifrs-full_RentalIncomeFromInvestmentProperty_lbl_cbf717" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RentalIncomeFromInvestmentProperty_lbl_cbf717" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RentalIncomeFromInvestmentProperty" xlink:label="ifrs-full_RentalIncomeFromInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalIncomeFromInvestmentProperty" xlink:to="ifrs-full_RentalIncomeFromInvestmentProperty_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RentalIncomeFromInvestmentProperty_lbl_2" xml:lang="en-US">[Rental income from investment property]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DirectOperatingExpenseFroInvestmentProperty" xlink:label="cresud_DirectOperatingExpenseFroInvestmentProperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectOperatingExpenseFroInvestmentProperty" xlink:to="cresud_DirectOperatingExpenseFroInvestmentProperty_lbl_e54d9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DirectOperatingExpenseFroInvestmentProperty_lbl_e54d9e" xml:lang="en-US">Direct operating costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DevelopmentExpenditures" xlink:label="cresud_DevelopmentExpenditures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DevelopmentExpenditures" xlink:to="cresud_DevelopmentExpenditures_lbl_ed88ed" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DevelopmentExpenditures_lbl_ed88ed" xml:lang="en-US">Development expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetUnrealizedLossGainFromFairValueAdjustmentOfInvestmentProperties" xlink:label="cresud_NetUnrealizedLossGainFromFairValueAdjustmentOfInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetUnrealizedLossGainFromFairValueAdjustmentOfInvestmentProperties" xlink:to="cresud_NetUnrealizedLossGainFromFairValueAdjustmentOfInvestmentProperties_lbl_cd2368" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetUnrealizedLossGainFromFairValueAdjustmentOfInvestmentProperties_lbl_cd2368" xml:lang="en-US">Net unrealized gain / (loss) from fair value adjustment of investment property (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RealizedInvestmentPropertyGainsLosses" xlink:label="cresud_RealizedInvestmentPropertyGainsLosses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RealizedInvestmentPropertyGainsLosses" xlink:to="cresud_RealizedInvestmentPropertyGainsLosses_lbl_906f39" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RealizedInvestmentPropertyGainsLosses_lbl_906f39" xml:lang="en-US">Net realized gain from fair value adjustment of investment property (ii)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementAxis" xlink:label="ifrs-full_MeasurementAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl_2727e4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementAxis_lbl_2727e4" xml:lang="en-US">Measurement [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl_55f866" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl_55f866" xml:lang="en-US">Level 3 [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsInArgentinaMember" xlink:to="cresud_ShoppingMallsInArgentinaMember_lbl_be6efa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ShoppingMallsInArgentinaMember_lbl_be6efa" xml:lang="en-US">Shopping Malls in Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TerminalValueRateMember" xlink:label="cresud_TerminalValueRateMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TerminalValueRateMember" xlink:to="cresud_TerminalValueRateMember_lbl_996e02" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TerminalValueRateMember_lbl_996e02" xml:lang="en-US">Terminal value discount rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PerpetualGrowthRateMember" xlink:label="cresud_PerpetualGrowthRateMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PerpetualGrowthRateMember" xlink:to="cresud_PerpetualGrowthRateMember_lbl_0d6350" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PerpetualGrowthRateMember_lbl_0d6350" xml:lang="en-US">Perpetual Growth rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InflationMember" xlink:label="cresud_InflationMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationMember" xlink:to="cresud_InflationMember_lbl_3a7fbd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InflationMember_lbl_3a7fbd" xml:lang="en-US">Inflation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DevaluationMember" xlink:label="cresud_DevaluationMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DevaluationMember" xlink:to="cresud_DevaluationMember_lbl_e9efa0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DevaluationMember_lbl_e9efa0" xml:lang="en-US">Devaluation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DiscountCashFlowsRateMember" xlink:label="cresud_DiscountCashFlowsRateMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DiscountCashFlowsRateMember" xlink:to="cresud_DiscountCashFlowsRateMember_lbl_97f6f3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DiscountCashFlowsRateMember_lbl_97f6f3" xml:lang="en-US">Discount Cash Flows Rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfValuationTechniquesUsedInFairValueMeasurementAssets" xlink:label="ifrs-full_DescriptionOfValuationTechniquesUsedInFairValueMeasurementAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfValuationTechniquesUsedInFairValueMeasurementAssets" xlink:to="ifrs-full_DescriptionOfValuationTechniquesUsedInFairValueMeasurementAssets_lbl_ddc488" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfValuationTechniquesUsedInFairValueMeasurementAssets_lbl_ddc488" xml:lang="en-US">Fair value of investment properties, valuation technique</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueInvestmentPropertiesRange1" xlink:label="cresud_FairValueInvestmentPropertiesRange1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueInvestmentPropertiesRange1" xlink:to="cresud_FairValueInvestmentPropertiesRange1_lbl_da641c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueInvestmentPropertiesRange1_lbl_da641c" xml:lang="en-US">Fair value investment properties, range</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueInvestmentPropertiesIncreases" xlink:label="cresud_FairValueInvestmentPropertiesIncreases" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueInvestmentPropertiesIncreases" xlink:to="cresud_FairValueInvestmentPropertiesIncreases_lbl_14c859" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueInvestmentPropertiesIncreases_lbl_14c859" xml:lang="en-US">Fair value investment properties, increase</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueInvestmentPropertiesRange" xlink:to="cresud_FairValueInvestmentPropertiesRange_lbl_57dd7c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_FairValueInvestmentPropertiesRange_lbl_57dd7c" xml:lang="en-US">Fair value investment properties, range</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueInvestmentPropertiesRange" xlink:label="cresud_FairValueInvestmentPropertiesRange" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueInvestmentPropertiesRange" xlink:to="cresud_FairValueInvestmentPropertiesRange_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueInvestmentPropertiesRange_lbl_5" xml:lang="en-US">[Fair value investment properties, range]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueInvestmentPropertiesDecreases" xlink:label="cresud_FairValueInvestmentPropertiesDecreases" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueInvestmentPropertiesDecreases" xlink:to="cresud_FairValueInvestmentPropertiesDecreases_lbl_cba2f0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueInvestmentPropertiesDecreases_lbl_cba2f0" xml:lang="en-US">Fair value investment properties, decrease</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAdvances" xlink:label="ifrs-full_CurrentAdvances" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAdvances" xlink:to="ifrs-full_CurrentAdvances_lbl_e12f22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAdvances_lbl_e12f22" xml:lang="en-US">Advance rent received</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionInvestmentProperties" xlink:label="cresud_DescriptionInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionInvestmentProperties" xlink:to="cresud_DescriptionInvestmentProperties_lbl_1df5e1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionInvestmentProperties_lbl_1df5e1" xml:lang="en-US">Investment properties, description</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl_fa58a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl_fa58a9" xml:lang="en-US">Others [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AggregatePropertyPlantAndEquipmentMember" xlink:label="cresud_AggregatePropertyPlantAndEquipmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AggregatePropertyPlantAndEquipmentMember" xlink:to="cresud_AggregatePropertyPlantAndEquipmentMember_lbl_581fbd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AggregatePropertyPlantAndEquipmentMember_lbl_581fbd" xml:lang="en-US">Aggregate Property Plant And Equipment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LandMember" xlink:label="ifrs-full_LandMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandMember" xlink:to="ifrs-full_LandMember_lbl_d3e359" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LandMember_lbl_d3e359" xml:lang="en-US">Owner Occupied Farmland [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BearerPlantsMember" xlink:label="ifrs-full_BearerPlantsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BearerPlantsMember" xlink:to="ifrs-full_BearerPlantsMember_lbl_f57b6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BearerPlantsMember_lbl_f57b6f" xml:lang="en-US">Bearer Plants [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MachineryAndEquimentMember" xlink:label="cresud_MachineryAndEquimentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MachineryAndEquimentMember" xlink:to="cresud_MachineryAndEquimentMember_lbl_a98dad" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MachineryAndEquimentMember_lbl_a98dad" xml:lang="en-US">Machinery And Equipment [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentGross" xlink:to="cresud_PropertyPlantAndEquipmentGross_lbl_1513d5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_PropertyPlantAndEquipmentGross_lbl_1513d5" xml:lang="en-US">Balance at beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyPlantAndEquipmentGross" xlink:label="cresud_PropertyPlantAndEquipmentGross" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentGross" xlink:to="cresud_PropertyPlantAndEquipmentGross_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyPlantAndEquipmentGross_lbl_2" xml:lang="en-US">[Balance at beginning of period]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentCosts" xlink:to="cresud_PropertyPlantAndEquipmentCosts_lbl_60666a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_PropertyPlantAndEquipmentCosts_lbl_60666a" xml:lang="en-US">Costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyPlantAndEquipmentCosts" xlink:label="cresud_PropertyPlantAndEquipmentCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentCosts" xlink:to="cresud_PropertyPlantAndEquipmentCosts_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyPlantAndEquipmentCosts_lbl_3" xml:lang="en-US">[Costs 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation" xlink:to="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation_lbl_00b1bf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation_lbl_00b1bf" xml:lang="en-US">Accumulated depreciation</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation" xlink:label="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation" xlink:to="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyPlantAndEquipmentsAccumulatedDepreciation_lbl_4" xml:lang="en-US">[Accumulated depreciation]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl_2d9f8b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl_2d9f8b" xml:lang="en-US">Net book amount property plant equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_6682a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_6682a1" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_6" xml:lang="en-US">[Additions other than through business combinations, property, plant and equipment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl_fd5fcb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl_fd5fcb" xml:lang="en-US">Disposals</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl_7" xml:lang="en-US">[Disposals, property, plant and equipment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncorporationByBusinessCombination" xlink:to="cresud_IncorporationByBusinessCombination_lbl_00d71a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncorporationByBusinessCombination_lbl_00d71a" xml:lang="en-US">Incorporation by business combination</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncorporationByBusinessCombination" xlink:label="cresud_IncorporationByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncorporationByBusinessCombination" xlink:to="cresud_IncorporationByBusinessCombination_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncorporationByBusinessCombination_lbl_8" xml:lang="en-US">[Incorporation by business combination]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl_d648b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl_d648b3" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl_9" xml:lang="en-US">[Increase (decrease) through transfers, property, plant and equipment]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLoss" xlink:label="ifrs-full_ImpairmentLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl_d2b34f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLoss_lbl_d2b34f" xml:lang="en-US">Impairment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl_a9fc54" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl_a9fc54" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl_11" xml:lang="en-US">[Increase (decrease) through net exchange differences, property, plant and equipment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DepreciationPropertyPlantAndEquipments" xlink:to="cresud_DepreciationPropertyPlantAndEquipments_lbl_83433a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_DepreciationPropertyPlantAndEquipments_lbl_83433a" xml:lang="en-US">Depreciation charge</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DepreciationPropertyPlantAndEquipments" xlink:label="cresud_DepreciationPropertyPlantAndEquipments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DepreciationPropertyPlantAndEquipments" xlink:to="cresud_DepreciationPropertyPlantAndEquipments_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DepreciationPropertyPlantAndEquipments_lbl_12" xml:lang="en-US">[Depreciation charge]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentGross" xlink:to="cresud_PropertyPlantAndEquipmentGross_lbl_50b0bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_PropertyPlantAndEquipmentGross_lbl_50b0bb" xml:lang="en-US">Balance at end of period</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyPlantAndEquipmentCarryingAmountAtCost" xlink:label="cresud_PropertyPlantAndEquipmentCarryingAmountAtCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyPlantAndEquipmentCarryingAmountAtCost" xlink:to="cresud_PropertyPlantAndEquipmentCarryingAmountAtCost_lbl_dbb8e5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyPlantAndEquipmentCarryingAmountAtCost_lbl_dbb8e5" xml:lang="en-US">Costs other</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccumulatedDepreciationOther" xlink:to="cresud_AccumulatedDepreciationOther_lbl_6dc22a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_AccumulatedDepreciationOther_lbl_6dc22a" xml:lang="en-US">Accumulated depreciation other</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AccumulatedDepreciationOther" xlink:label="cresud_AccumulatedDepreciationOther" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccumulatedDepreciationOther" xlink:to="cresud_AccumulatedDepreciationOther_lbl_15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AccumulatedDepreciationOther_lbl_15" xml:lang="en-US">[Accumulated depreciation other]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl_4d9624" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl_4d9624" xml:lang="en-US">Net book amount property plant equipment end of period</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="ifrs-full_GrossCarryingAmountMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl_322e95" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl_322e95" xml:lang="en-US">Costs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralAndAdministrativeExpensesMember" xlink:label="cresud_GeneralAndAdministrativeExpensesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralAndAdministrativeExpensesMember" xlink:to="cresud_GeneralAndAdministrativeExpensesMember_lbl_190e70" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralAndAdministrativeExpensesMember_lbl_190e70" xml:lang="en-US">General And Administrative Expenses [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SellingExpensesMember" xlink:label="cresud_SellingExpensesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellingExpensesMember" xlink:to="cresud_SellingExpensesMember_lbl_f0cfbe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SellingExpensesMember_lbl_f0cfbe" xml:lang="en-US">Selling Expenses [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BiologicalAssetsCapitalized" xlink:label="cresud_BiologicalAssetsCapitalized" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BiologicalAssetsCapitalized" xlink:to="cresud_BiologicalAssetsCapitalized_lbl_5ced24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BiologicalAssetsCapitalized_lbl_5ced24" xml:lang="en-US">Biological assets capitalized</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl_9b8a60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DepreciationExpense_lbl_9b8a60" xml:lang="en-US">Depreciation charge</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationExpense" xlink:label="ifrs-full_DepreciationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationExpense_lbl_3" xml:lang="en-US">[Depreciation expense]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl_fcde55" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl_fcde55" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CompletedPropertiesMember" xlink:label="cresud_CompletedPropertiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CompletedPropertiesMember" xlink:to="cresud_CompletedPropertiesMember_lbl_d735b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CompletedPropertiesMember_lbl_d735b2" xml:lang="en-US">Completed Properties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PropertyUnderConstructionOrDevelopmentMember" xlink:label="cresud_PropertyUnderConstructionOrDevelopmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PropertyUnderConstructionOrDevelopmentMember" xlink:to="cresud_PropertyUnderConstructionOrDevelopmentMember_lbl_5963d7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PropertyUnderConstructionOrDevelopmentMember_lbl_5963d7" xml:lang="en-US">Properties Under Development [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UndevelopedPropertiesMember" xlink:label="cresud_UndevelopedPropertiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UndevelopedPropertiesMember" xlink:to="cresud_UndevelopedPropertiesMember_lbl_09263d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UndevelopedPropertiesMember_lbl_09263d" xml:lang="en-US">Undeveloped Properties [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAsset" xlink:to="cresud_TradingPropertiesAsset_lbl_869347" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_TradingPropertiesAsset_lbl_869347" xml:lang="en-US">Beginning</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingPropertiesAsset" xlink:label="cresud_TradingPropertiesAsset" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAsset" xlink:to="cresud_TradingPropertiesAsset_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingPropertiesAsset_lbl_2" xml:lang="en-US">[Beginning]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionsOfTradingProperties" xlink:to="cresud_AdditionsOfTradingProperties_lbl_754895" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AdditionsOfTradingProperties_lbl_754895" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdditionsOfTradingProperties" xlink:label="cresud_AdditionsOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionsOfTradingProperties" xlink:to="cresud_AdditionsOfTradingProperties_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdditionsOfTradingProperties_lbl_3" xml:lang="en-US">[Additions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CumulativeTranslationAdjustmentOfTradingProperties" xlink:to="cresud_CumulativeTranslationAdjustmentOfTradingProperties_lbl_c4507f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CumulativeTranslationAdjustmentOfTradingProperties_lbl_c4507f" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CumulativeTranslationAdjustmentOfTradingProperties" xlink:label="cresud_CumulativeTranslationAdjustmentOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CumulativeTranslationAdjustmentOfTradingProperties" xlink:to="cresud_CumulativeTranslationAdjustmentOfTradingProperties_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CumulativeTranslationAdjustmentOfTradingProperties_lbl_4" xml:lang="en-US">[Currency translation adjustment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransferOfTradingProperties" xlink:to="cresud_TransferOfTradingProperties_lbl_c86e57" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TransferOfTradingProperties_lbl_c86e57" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransferOfTradingProperties" xlink:label="cresud_TransferOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransferOfTradingProperties" xlink:to="cresud_TransferOfTradingProperties_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransferOfTradingProperties_lbl_5" xml:lang="en-US">[Transfers]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ImpairmentOfTradingProperties" xlink:to="cresud_ImpairmentOfTradingProperties_lbl_991506" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ImpairmentOfTradingProperties_lbl_991506" xml:lang="en-US">Impairment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ImpairmentOfTradingProperties" xlink:label="cresud_ImpairmentOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ImpairmentOfTradingProperties" xlink:to="cresud_ImpairmentOfTradingProperties_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ImpairmentOfTradingProperties_lbl_6" xml:lang="en-US">[Impairment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisposalsOfTradingProperties" xlink:to="cresud_DisposalsOfTradingProperties_lbl_be8f9f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DisposalsOfTradingProperties_lbl_be8f9f" xml:lang="en-US">Disposals</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisposalsOfTradingProperties" xlink:label="cresud_DisposalsOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisposalsOfTradingProperties" xlink:to="cresud_DisposalsOfTradingProperties_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisposalsOfTradingProperties_lbl_7" xml:lang="en-US">[Disposals]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAsset" xlink:to="cresud_TradingPropertiesAsset_lbl_858d49" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_TradingPropertiesAsset_lbl_858d49" xml:lang="en-US">Ending</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Noncurrenttradingproperty" xlink:label="cresud_Noncurrenttradingproperty" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Noncurrenttradingproperty" xlink:to="cresud_Noncurrenttradingproperty_lbl_ed19d7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Noncurrenttradingproperty_lbl_ed19d7" xml:lang="en-US">Non-current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesCurrent" xlink:to="cresud_TradingPropertiesCurrent_lbl_e5ac01" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_TradingPropertiesCurrent_lbl_e5ac01" xml:lang="en-US">Current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAsset1" xlink:to="cresud_TradingPropertiesAsset1_lbl_1f5afd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradingPropertiesAsset1_lbl_1f5afd" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingPropertiesAsset1" xlink:label="cresud_TradingPropertiesAsset1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAsset1" xlink:to="cresud_TradingPropertiesAsset1_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingPropertiesAsset1_lbl_4" xml:lang="en-US">[Total]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl_19e430" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ImpairmentLoss_lbl_19e430" xml:lang="en-US">Impairment loss</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountOfInflationAdjustedCost" xlink:label="cresud_AmountOfInflationAdjustedCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountOfInflationAdjustedCost" xlink:to="cresud_AmountOfInflationAdjustedCost_lbl_e8a86e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountOfInflationAdjustedCost_lbl_e8a86e" xml:lang="en-US">Inflation adjusted cost</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="ifrs-full_InventoriesAtNetRealisableValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesAtNetRealisableValue" xlink:to="ifrs-full_InventoriesAtNetRealisableValue_lbl_02bd5c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoriesAtNetRealisableValue_lbl_02bd5c" xml:lang="en-US">Net realizable value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DefinedBenefitObligationAtPresentNetBookValue" xlink:label="cresud_DefinedBenefitObligationAtPresentNetBookValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DefinedBenefitObligationAtPresentNetBookValue" xlink:to="cresud_DefinedBenefitObligationAtPresentNetBookValue_lbl_134c95" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DefinedBenefitObligationAtPresentNetBookValue_lbl_134c95" xml:lang="en-US">Net book value</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory_lbl_931428" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAndGoodwillExplanatory_lbl_931428" xml:lang="en-US">Intangible Assets (Details)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl_2523ac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl_2523ac" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl_cfe40c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl_cfe40c" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GoodwillOtherThanIntangibleAssetsMember" xlink:label="cresud_GoodwillOtherThanIntangibleAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GoodwillOtherThanIntangibleAssetsMember" xlink:to="cresud_GoodwillOtherThanIntangibleAssetsMember_lbl_cd7e42" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GoodwillOtherThanIntangibleAssetsMember_lbl_cd7e42" xml:lang="en-US">Goodwill [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetBookValueMember" xlink:label="cresud_NetBookValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetBookValueMember" xlink:to="cresud_NetBookValueMember_lbl_99d42a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetBookValueMember_lbl_99d42a" xml:lang="en-US">Net book value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ComputerSoftwaresMember" xlink:label="cresud_ComputerSoftwaresMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComputerSoftwaresMember" xlink:to="cresud_ComputerSoftwaresMember_lbl_27282a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ComputerSoftwaresMember_lbl_27282a" xml:lang="en-US">Information Systems And Softwares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ifrs-full_ComputerSoftwareMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl_8082cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComputerSoftwareMember_lbl_8082cb" xml:lang="en-US">Information Systems And Software [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConcessionRightsTrademarksAndOtherMember" xlink:label="cresud_ConcessionRightsTrademarksAndOtherMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConcessionRightsTrademarksAndOtherMember" xlink:to="cresud_ConcessionRightsTrademarksAndOtherMember_lbl_2c97b1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConcessionRightsTrademarksAndOtherMember_lbl_2c97b1" xml:lang="en-US">Concession rights trademarks and other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConcessionRightsTrademarksAndOthersMember" xlink:label="cresud_ConcessionRightsTrademarksAndOthersMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConcessionRightsTrademarksAndOthersMember" xlink:to="cresud_ConcessionRightsTrademarksAndOthersMember_lbl_c8c490" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConcessionRightsTrademarksAndOthersMember_lbl_c8c490" xml:lang="en-US">Concession rights, trademarks and others [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetBooksValueMember" xlink:to="cresud_NetBooksValueMember_lbl_be789b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_NetBooksValueMember_lbl_be789b" xml:lang="en-US">Net book value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetBooksValueMember" xlink:label="cresud_NetBooksValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetBooksValueMember" xlink:to="cresud_NetBooksValueMember_lbl_58" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetBooksValueMember_lbl_58" xml:lang="en-US">[Net book value [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalsIntangibleAssetsMember" xlink:label="cresud_TotalsIntangibleAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalsIntangibleAssetsMember" xlink:to="cresud_TotalsIntangibleAssetsMember_lbl_99a83e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalsIntangibleAssetsMember_lbl_99a83e" xml:lang="en-US">Totals Intangible Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalsIntangibleAssetsOtherThanGoodwillMember" xlink:label="cresud_TotalsIntangibleAssetsOtherThanGoodwillMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalsIntangibleAssetsOtherThanGoodwillMember" xlink:to="cresud_TotalsIntangibleAssetsOtherThanGoodwillMember_lbl_12e2fe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalsIntangibleAssetsOtherThanGoodwillMember_lbl_12e2fe" xml:lang="en-US">Totals [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_54a64a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl_54a64a" xml:lang="en-US">Additions</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsInvestmentProperty" xlink:to="ifrs-full_DisposalsInvestmentProperty_lbl_7f68a0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisposalsInvestmentProperty_lbl_7f68a0" xml:lang="en-US">Disposals</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl_3adb7c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl_3adb7c" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl_4" xml:lang="en-US">[Increase (decrease) through transfers and other changes, property, plant and equipment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill" xlink:to="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill_lbl_94502f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill_lbl_94502f" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill" xlink:label="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill" xlink:to="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrencyTranslationAdjustmentOfIntangibleAssetsAndGoodwill_lbl_5" xml:lang="en-US">[Currency translation adjustment 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IntangibleAssetsAndGoodwillIncorporatedByBusinessCombination" xlink:label="cresud_IntangibleAssetsAndGoodwillIncorporatedByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IntangibleAssetsAndGoodwillIncorporatedByBusinessCombination" xlink:to="cresud_IntangibleAssetsAndGoodwillIncorporatedByBusinessCombination_lbl_7c1c5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IntangibleAssetsAndGoodwillIncorporatedByBusinessCombination_lbl_7c1c5e" xml:lang="en-US">Incorporation by business combination (ii)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmortisationExpense" xlink:label="ifrs-full_AmortisationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationExpense" xlink:to="ifrs-full_AmortisationExpense_lbl_0ad639" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationExpense_lbl_0ad639" xml:lang="en-US">Amortization charges (i)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl_02f64c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl_02f64c" xml:lang="en-US">Net book amount, ending balance</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl_8" xml:lang="en-US">[Intangible assets and goodwill]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IntangibleAssetsAndGoodwillGross" xlink:label="cresud_IntangibleAssetsAndGoodwillGross" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IntangibleAssetsAndGoodwillGross" xlink:to="cresud_IntangibleAssetsAndGoodwillGross_lbl_4345e5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IntangibleAssetsAndGoodwillGross_lbl_4345e5" xml:lang="en-US">Cost</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AccumulatedAmortization" xlink:label="cresud_AccumulatedAmortization" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccumulatedAmortization" xlink:to="cresud_AccumulatedAmortization_lbl_c059a3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AccumulatedAmortization_lbl_c059a3" xml:lang="en-US">Accumulated amortization</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IntangibleAssetsAndGoodwillNet" xlink:to="cresud_IntangibleAssetsAndGoodwillNet_lbl_3b7267" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IntangibleAssetsAndGoodwillNet_lbl_3b7267" xml:lang="en-US">Net book value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IntangibleAssetsAndGoodwillNet" xlink:label="cresud_IntangibleAssetsAndGoodwillNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IntangibleAssetsAndGoodwillNet" xlink:to="cresud_IntangibleAssetsAndGoodwillNet_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IntangibleAssetsAndGoodwillNet_lbl_11" xml:lang="en-US">[Net book value]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill" xlink:to="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill_lbl_74a9e1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill_lbl_74a9e1" xml:lang="en-US">Accumulated amortization</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill" xlink:label="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill" xlink:to="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AccumulatedAmortizationOfIntangibleAssetsAndGoodwill_lbl_12" xml:lang="en-US">[Accumulated amortization]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostsMember" xlink:to="cresud_CostsMember_lbl_9b8a03" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CostsMember_lbl_9b8a03" xml:lang="en-US">Costs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostsMember" xlink:label="cresud_CostsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostsMember" xlink:to="cresud_CostsMember_lbl_24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostsMember_lbl_24" xml:lang="en-US">[Costs [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmortizationChargesOfIntangibleAssetsAndGoodwill" xlink:label="cresud_AmortizationChargesOfIntangibleAssetsAndGoodwill" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmortizationChargesOfIntangibleAssetsAndGoodwill" xlink:to="cresud_AmortizationChargesOfIntangibleAssetsAndGoodwill_lbl_bd28f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmortizationChargesOfIntangibleAssetsAndGoodwill_lbl_bd28f5" xml:lang="en-US">Amortization charge</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConventioncenterMember" xlink:label="cresud_ConventioncenterMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConventioncenterMember" xlink:to="cresud_ConventioncenterMember_lbl_84e115" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConventioncenterMember_lbl_84e115" xml:lang="en-US">Convention center</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FarmlandMember" xlink:label="cresud_FarmlandMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FarmlandMember" xlink:to="cresud_FarmlandMember_lbl_a5e02a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FarmlandMember_lbl_a5e02a" xml:lang="en-US">Farmland [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OfficesShoppingMallsAndOtherBuildingsMember" xlink:label="cresud_OfficesShoppingMallsAndOtherBuildingsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OfficesShoppingMallsAndOtherBuildingsMember" xlink:to="cresud_OfficesShoppingMallsAndOtherBuildingsMember_lbl_aa6025" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OfficesShoppingMallsAndOtherBuildingsMember_lbl_aa6025" xml:lang="en-US">Offices, shopping malls and other buildings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MachineryAndEquipmentMember" xlink:label="cresud_MachineryAndEquipmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MachineryAndEquipmentMember" xlink:to="cresud_MachineryAndEquipmentMember_lbl_72140d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MachineryAndEquipmentMember_lbl_72140d" xml:lang="en-US">Machinery and equipment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeaseRightOfUseAssets" xlink:label="cresud_LeaseRightOfUseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseRightOfUseAssets" xlink:to="cresud_LeaseRightOfUseAssets_lbl_6dc4c6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeaseRightOfUseAssets_lbl_6dc4c6" xml:lang="en-US">Right-of-use assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonCurrentRightofuseAssets" xlink:to="cresud_NonCurrentRightofuseAssets_lbl_53c364" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_NonCurrentRightofuseAssets_lbl_53c364" xml:lang="en-US">Non-current</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NonCurrentRightofuseAssets" xlink:label="cresud_NonCurrentRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonCurrentRightofuseAssets" xlink:to="cresud_NonCurrentRightofuseAssets_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NonCurrentRightofuseAssets_lbl_3" xml:lang="en-US">[Non-current]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl_52eb69" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RightofuseAssets_lbl_52eb69" xml:lang="en-US">Total</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl_c5f66e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_RightofuseAssets_lbl_c5f66e" xml:lang="en-US">Beginning of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl_98ec06" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl_98ec06" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="ifrs-full_AdditionsToRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl_3" xml:lang="en-US">[Additions to right-of-use assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RightofuseAssetsIncorporationByBusinessCombination" xlink:label="cresud_RightofuseAssetsIncorporationByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RightofuseAssetsIncorporationByBusinessCombination" xlink:to="cresud_RightofuseAssetsIncorporationByBusinessCombination_lbl_eaa069" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RightofuseAssetsIncorporationByBusinessCombination_lbl_eaa069" xml:lang="en-US">Incorporation by business combination (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsRightofuseAssets" xlink:label="ifrs-full_DisposalsRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsRightofuseAssets" xlink:to="ifrs-full_DisposalsRightofuseAssets_lbl_1e7022" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsRightofuseAssets_lbl_1e7022" xml:lang="en-US">Disposal</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DepreciationsRightofuseAssets" xlink:label="cresud_DepreciationsRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DepreciationsRightofuseAssets" xlink:to="cresud_DepreciationsRightofuseAssets_lbl_0e098e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DepreciationsRightofuseAssets_lbl_0e098e" xml:lang="en-US">Depreciation charges</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RightofuseAssetsCurrencyTranslationAdjustment" xlink:to="cresud_RightofuseAssetsCurrencyTranslationAdjustment_lbl_5fafe3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_RightofuseAssetsCurrencyTranslationAdjustment_lbl_5fafe3" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RightofuseAssetsCurrencyTranslationAdjustment" xlink:label="cresud_RightofuseAssetsCurrencyTranslationAdjustment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RightofuseAssetsCurrencyTranslationAdjustment" xlink:to="cresud_RightofuseAssetsCurrencyTranslationAdjustment_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RightofuseAssetsCurrencyTranslationAdjustment_lbl_7" xml:lang="en-US">[Currency translation adjustment 2]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl_979dc8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_RightofuseAssets_lbl_979dc8" xml:lang="en-US">End of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RemeasurementRightofuseAssets" xlink:label="cresud_RemeasurementRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RemeasurementRightofuseAssets" xlink:to="cresud_RemeasurementRightofuseAssets_lbl_b0891e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RemeasurementRightofuseAssets_lbl_b0891e" xml:lang="en-US">Remeasurement</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DepreciationOfRightofuseAssets" xlink:label="cresud_DepreciationOfRightofuseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DepreciationOfRightofuseAssets" xlink:to="cresud_DepreciationOfRightofuseAssets_lbl_87c559" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DepreciationOfRightofuseAssets_lbl_87c559" xml:lang="en-US">Depreciation of right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeaseLiabilitiesInterests" xlink:label="cresud_LeaseLiabilitiesInterests" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseLiabilitiesInterests" xlink:to="cresud_LeaseLiabilitiesInterests_lbl_3e8e72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeaseLiabilitiesInterests_lbl_3e8e72" xml:lang="en-US">Interest on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ResultsFromShorttermLeasesRightOfUseAssets" xlink:label="cresud_ResultsFromShorttermLeasesRightOfUseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ResultsFromShorttermLeasesRightOfUseAssets" xlink:to="cresud_ResultsFromShorttermLeasesRightOfUseAssets_lbl_566c9f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ResultsFromShorttermLeasesRightOfUseAssets_lbl_566c9f" xml:lang="en-US">Results from short-term leases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ResultsFromVariableLeasesNotRecognizedAsLeaseLiabilitiesRightOfUseAssets" xlink:label="cresud_ResultsFromVariableLeasesNotRecognizedAsLeaseLiabilitiesRightOfUseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ResultsFromVariableLeasesNotRecognizedAsLeaseLiabilitiesRightOfUseAssets" xlink:to="cresud_ResultsFromVariableLeasesNotRecognizedAsLeaseLiabilitiesRightOfUseAssets_lbl_1978cf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ResultsFromVariableLeasesNotRecognizedAsLeaseLiabilitiesRightOfUseAssets_lbl_1978cf" xml:lang="en-US">Results from variable leases not recognized as lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingLeaseIncome" xlink:label="ifrs-full_OperatingLeaseIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingLeaseIncome" xlink:to="ifrs-full_OperatingLeaseIncome_lbl_74d24a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingLeaseIncome_lbl_74d24a" xml:lang="en-US">Gain from lease modification</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl_c78b7a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl_c78b7a" xml:lang="en-US">Lease liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl_6a72e1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl_6a72e1" xml:lang="en-US">Non-current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl_02ad23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl_02ad23" xml:lang="en-US">Current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseLiabilitiesGross" xlink:to="cresud_LeaseLiabilitiesGross_lbl_0a9f75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LeaseLiabilitiesGross_lbl_0a9f75" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeaseLiabilitiesGross" xlink:label="cresud_LeaseLiabilitiesGross" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseLiabilitiesGross" xlink:to="cresud_LeaseLiabilitiesGross_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeaseLiabilitiesGross_lbl_5" xml:lang="en-US">[Total 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationExpense" xlink:to="ifrs-full_AmortisationExpense_lbl_8d3134" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AmortisationExpense_lbl_8d3134" xml:lang="en-US">Amortization charge</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfBiologicalAssets" xlink:label="cresud_CostOfBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfBiologicalAssets" xlink:to="cresud_CostOfBiologicalAssets_lbl_ac1a9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfBiologicalAssets_lbl_ac1a9e" xml:lang="en-US">Cost of biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:to="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_lbl_c9b53b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_lbl_c9b53b" xml:lang="en-US">Credit impairment of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BiologicalAssetsByGroupAxis" xlink:label="ifrs-full_BiologicalAssetsByGroupAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BiologicalAssetsByGroupAxis" xlink:to="ifrs-full_BiologicalAssetsByGroupAxis_lbl_5a2490" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BiologicalAssetsByGroupAxis_lbl_5a2490" xml:lang="en-US">Biological assets by group [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalBusiness1Member" xlink:to="cresud_AgriculturalBusiness1Member_lbl_92ba53" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AgriculturalBusiness1Member_lbl_92ba53" xml:lang="en-US">Agricultural Business 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalBusiness1Member" xlink:label="cresud_AgriculturalBusiness1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalBusiness1Member" xlink:to="cresud_AgriculturalBusiness1Member_lbl_72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalBusiness1Member_lbl_72" xml:lang="en-US">[Agricultural Business 1 [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LevelOneOfFairValueHierarchyMember" xlink:label="cresud_LevelOneOfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelOneOfFairValueHierarchyMember" xlink:to="cresud_LevelOneOfFairValueHierarchyMember_lbl_c3cf62" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LevelOneOfFairValueHierarchyMember_lbl_c3cf62" xml:lang="en-US">Level 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SownLandCropsMember" xlink:label="cresud_SownLandCropsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SownLandCropsMember" xlink:to="cresud_SownLandCropsMember_lbl_9178bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SownLandCropsMember_lbl_9178bc" xml:lang="en-US">Sown Land-crops [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherCattleMember" xlink:label="cresud_OtherCattleMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherCattleMember" xlink:to="cresud_OtherCattleMember_lbl_fed650" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherCattleMember_lbl_fed650" xml:lang="en-US">Other Cattle [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LevelTwoOfFairValueHierarchyMember" xlink:label="cresud_LevelTwoOfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelTwoOfFairValueHierarchyMember" xlink:to="cresud_LevelTwoOfFairValueHierarchyMember_lbl_780a6d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LevelTwoOfFairValueHierarchyMember_lbl_780a6d" xml:lang="en-US">Level 2 of fair value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LevelThreeOfFairValueHierarchyMember" xlink:label="cresud_LevelThreeOfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelThreeOfFairValueHierarchyMember" xlink:to="cresud_LevelThreeOfFairValueHierarchyMember_lbl_39a20a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LevelThreeOfFairValueHierarchyMember_lbl_39a20a" xml:lang="en-US">Level 3 of fair value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SugarcaneFieldsMember" xlink:label="cresud_SugarcaneFieldsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SugarcaneFieldsMember" xlink:to="cresud_SugarcaneFieldsMember_lbl_7b5ecd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SugarcaneFieldsMember_lbl_7b5ecd" xml:lang="en-US">Sugarcane Fields [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl_518dfd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl_518dfd" xml:lang="en-US">Level 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl_80" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl_80" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersBiologicalMember" xlink:label="cresud_OthersBiologicalMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersBiologicalMember" xlink:to="cresud_OthersBiologicalMember_lbl_4e83ae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersBiologicalMember_lbl_4e83ae" xml:lang="en-US">Others Biological [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BreedingCattleandCattleForSaleMember" xlink:label="cresud_BreedingCattleandCattleForSaleMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BreedingCattleandCattleForSaleMember" xlink:to="cresud_BreedingCattleandCattleForSaleMember_lbl_5dbff7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BreedingCattleandCattleForSaleMember_lbl_5dbff7" xml:lang="en-US">Breeding Cattle And Cattle For Sale [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalBusinessOneMember" xlink:label="cresud_AgriculturalBusinessOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalBusinessOneMember" xlink:to="cresud_AgriculturalBusinessOneMember_lbl_86c3e5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalBusinessOneMember_lbl_86c3e5" xml:lang="en-US">Agricultural Business 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalBiologicalAssetsAtTheBeginning" xlink:label="cresud_TotalBiologicalAssetsAtTheBeginning" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBiologicalAssetsAtTheBeginning" xlink:to="cresud_TotalBiologicalAssetsAtTheBeginning_lbl_f5db46" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalBiologicalAssetsAtTheBeginning_lbl_f5db46" xml:lang="en-US">As of beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NonCurrentProduction" xlink:label="cresud_NonCurrentProduction" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonCurrentProduction" xlink:to="cresud_NonCurrentProduction_lbl_6a4117" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NonCurrentProduction_lbl_6a4117" xml:lang="en-US">Non-current (Production)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrentConsumable" xlink:label="cresud_CurrentConsumable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrentConsumable" xlink:to="cresud_CurrentConsumable_lbl_4bb147" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrentConsumable_lbl_4bb147" xml:lang="en-US">Current (Consumable)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersOfBiologicalAssets" xlink:to="cresud_TransfersOfBiologicalAssets_lbl_119348" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TransfersOfBiologicalAssets_lbl_119348" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransfersOfBiologicalAssets" xlink:label="cresud_TransfersOfBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersOfBiologicalAssets" xlink:to="cresud_TransfersOfBiologicalAssets_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransfersOfBiologicalAssets_lbl_5" xml:lang="en-US">[Transfers 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdditionsFromPurchasesBiologicalAssetsPurchases" xlink:label="cresud_AdditionsFromPurchasesBiologicalAssetsPurchases" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdditionsFromPurchasesBiologicalAssetsPurchases" xlink:to="cresud_AdditionsFromPurchasesBiologicalAssetsPurchases_lbl_a5d5c6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdditionsFromPurchasesBiologicalAssetsPurchases_lbl_a5d5c6" xml:lang="en-US">Purchases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAsset" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAsset" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAsset" xlink:to="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAsset_lbl_ce2488" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAsset_lbl_ce2488" xml:lang="en-US">Initial recognition and changes in the fair value of biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseDueToHarvestBiologicalAssets" xlink:label="ifrs-full_DecreaseDueToHarvestBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseDueToHarvestBiologicalAssets" xlink:to="ifrs-full_DecreaseDueToHarvestBiologicalAssets_lbl_c7e929" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DecreaseDueToHarvestBiologicalAssets_lbl_c7e929" xml:lang="en-US">Decrease due to harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleOfBiologicalAssets" xlink:label="cresud_SaleOfBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleOfBiologicalAssets" xlink:to="cresud_SaleOfBiologicalAssets_lbl_85472c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleOfBiologicalAssets_lbl_85472c" xml:lang="en-US">Sales</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConsumeOfBiologicalAssets" xlink:label="cresud_ConsumeOfBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsumeOfBiologicalAssets" xlink:to="cresud_ConsumeOfBiologicalAssets_lbl_594731" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConsumeOfBiologicalAssets_lbl_594731" xml:lang="en-US">Consumptions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostsForPeriodYearBiologicalAssets" xlink:label="cresud_CostsForPeriodYearBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostsForPeriodYearBiologicalAssets" xlink:to="cresud_CostsForPeriodYearBiologicalAssets_lbl_f35ee3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostsForPeriodYearBiologicalAssets_lbl_f35ee3" xml:lang="en-US">Costs for the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignExchangeGainBiologicalAssets" xlink:label="cresud_ForeignExchangeGainBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignExchangeGainBiologicalAssets" xlink:to="cresud_ForeignExchangeGainBiologicalAssets_lbl_2fd778" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignExchangeGainBiologicalAssets_lbl_2fd778" xml:lang="en-US">Foreign exchange gain / (loss)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentBiologicalAssets" xlink:to="cresud_CurrencyTranslationAdjustmentBiologicalAssets_lbl_be6fae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CurrencyTranslationAdjustmentBiologicalAssets_lbl_be6fae" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrencyTranslationAdjustmentBiologicalAssets" xlink:label="cresud_CurrencyTranslationAdjustmentBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentBiologicalAssets" xlink:to="cresud_CurrencyTranslationAdjustmentBiologicalAssets_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrencyTranslationAdjustmentBiologicalAssets_lbl_13" xml:lang="en-US">[Currency translation adjustment 3]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalBiologicalAssets" xlink:label="cresud_TotalBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBiologicalAssets" xlink:to="cresud_TotalBiologicalAssets_lbl_bf6351" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalBiologicalAssets_lbl_bf6351" xml:lang="en-US">As of end of period</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl_82e3cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl_82e3cb" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl_0428b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl_0428b9" xml:lang="en-US">Range [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SownLandCropsMember" xlink:to="cresud_SownLandCropsMember_lbl_f76996" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SownLandCropsMember_lbl_f76996" xml:lang="en-US">Sown Land-crops [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DiscountedCashFlowMember" xlink:label="ifrs-full_DiscountedCashFlowMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DiscountedCashFlowMember" xlink:to="ifrs-full_DiscountedCashFlowMember_lbl_2c6508" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DiscountedCashFlowMember_lbl_2c6508" xml:lang="en-US">Discounted Cash Flows [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelThreeOfFairValueHierarchyMember" xlink:to="cresud_LevelThreeOfFairValueHierarchyMember_lbl_8c8f94" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LevelThreeOfFairValueHierarchyMember_lbl_8c8f94" xml:lang="en-US">Level 3 [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BrazilsMember" xlink:to="cresud_BrazilsMember_lbl_945d45" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BrazilsMember_lbl_945d45" xml:lang="en-US">Brazil</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl_3f8bdf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl_3f8bdf" xml:lang="en-US">Bottom Of Range [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinasMember" xlink:label="cresud_ArgentinasMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinasMember" xlink:to="cresud_ArgentinasMember_lbl_c25673" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinasMember_lbl_c25673" xml:lang="en-US">Operations Center in Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl_e6f8cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl_e6f8cd" xml:lang="en-US">Top Of Range [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CattleMember" xlink:label="cresud_CattleMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CattleMember" xlink:to="cresud_CattleMember_lbl_e3a709" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CattleMember_lbl_e3a709" xml:lang="en-US">Cattle [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ComparableMarketPricesMember" xlink:label="cresud_ComparableMarketPricesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComparableMarketPricesMember" xlink:to="cresud_ComparableMarketPricesMember_lbl_21374a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ComparableMarketPricesMember_lbl_21374a" xml:lang="en-US">Comparable Market Prices [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelTwoOfFairValueHierarchyMember" xlink:to="cresud_LevelTwoOfFairValueHierarchyMember_lbl_b93b8f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LevelTwoOfFairValueHierarchyMember_lbl_b93b8f" xml:lang="en-US">Level 2 of fair value [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SugarcaneFieldsMember" xlink:to="cresud_SugarcaneFieldsMember_lbl_54addb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SugarcaneFieldsMember_lbl_54addb" xml:lang="en-US">Sugarcane Fields [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ParametersRangeOfValuationModels" xlink:label="cresud_ParametersRangeOfValuationModels" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ParametersRangeOfValuationModels" xlink:to="cresud_ParametersRangeOfValuationModels_lbl_6871b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ParametersRangeOfValuationModels_lbl_6871b3" xml:lang="en-US">Parameters</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_YieldsRangeOfValuationModels" xlink:label="cresud_YieldsRangeOfValuationModels" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_YieldsRangeOfValuationModels" xlink:to="cresud_YieldsRangeOfValuationModels_lbl_b7bcb7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_YieldsRangeOfValuationModels_lbl_b7bcb7" xml:lang="en-US">Yields</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FutureOfSalePicesRangeOfValuationModels" xlink:label="cresud_FutureOfSalePicesRangeOfValuationModels" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FutureOfSalePicesRangeOfValuationModels" xlink:to="cresud_FutureOfSalePicesRangeOfValuationModels_lbl_32bd61" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FutureOfSalePicesRangeOfValuationModels_lbl_32bd61" xml:lang="en-US">Future of sale prices</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperatingCostRangeOfValuationModels" xlink:label="cresud_OperatingCostRangeOfValuationModels" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingCostRangeOfValuationModels" xlink:to="cresud_OperatingCostRangeOfValuationModels_lbl_3722c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperatingCostRangeOfValuationModels_lbl_3722c5" xml:lang="en-US">Operating cost</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommercialCostRangeOfValuationModels" xlink:label="cresud_CommercialCostRangeOfValuationModels" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommercialCostRangeOfValuationModels" xlink:to="cresud_CommercialCostRangeOfValuationModels_lbl_5aaf9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommercialCostRangeOfValuationModels_lbl_5aaf9e" xml:lang="en-US">Commercial cost</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PersentageOfDiscountRateParameters" xlink:label="cresud_PersentageOfDiscountRateParameters" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PersentageOfDiscountRateParameters" xlink:to="cresud_PersentageOfDiscountRateParameters_lbl_1617b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PersentageOfDiscountRateParameters_lbl_1617b2" xml:lang="en-US">Discount Rate</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToSuppliersForGoodsAndServices" xlink:to="ifrs-full_PaymentsToSuppliersForGoodsAndServices_lbl_05c15e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PaymentsToSuppliersForGoodsAndServices_lbl_05c15e" xml:lang="en-US">Supplies and labors</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WagesAndSalaries" xlink:label="ifrs-full_WagesAndSalaries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl_e4b92a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WagesAndSalaries_lbl_e4b92a" xml:lang="en-US">Salaries, social security costs and other personnel expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl_e7b1cc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl_e7b1cc" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsToSuppliersForGoodsAndServicesAndToAndOnBehalfOfEmployees" xlink:label="ifrs-full_PaymentsToSuppliersForGoodsAndServicesAndToAndOnBehalfOfEmployees" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToSuppliersForGoodsAndServicesAndToAndOnBehalfOfEmployees" xlink:to="ifrs-full_PaymentsToSuppliersForGoodsAndServicesAndToAndOnBehalfOfEmployees_lbl_133b0b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsToSuppliersForGoodsAndServicesAndToAndOnBehalfOfEmployees_lbl_133b0b" xml:lang="en-US">Fees and payments for services</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepairsAndMaintenanceExpense" xlink:label="ifrs-full_RepairsAndMaintenanceExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense_lbl_50d0ac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepairsAndMaintenanceExpense_lbl_50d0ac" xml:lang="en-US">Maintenance, security, cleaning, repairs and others</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl_1cdf32" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl_1cdf32" xml:lang="en-US">Taxes, rates and contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeasesAndServiceCharges" xlink:label="cresud_LeasesAndServiceCharges" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeasesAndServiceCharges" xlink:to="cresud_LeasesAndServiceCharges_lbl_7f6234" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeasesAndServiceCharges_lbl_7f6234" xml:lang="en-US">Leases and service charges</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FreightsCharges" xlink:label="cresud_FreightsCharges" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FreightsCharges" xlink:to="cresud_FreightsCharges_lbl_305b36" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FreightsCharges_lbl_305b36" xml:lang="en-US">Freights</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransportationExpense" xlink:label="ifrs-full_TransportationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransportationExpense" xlink:to="ifrs-full_TransportationExpense_lbl_ea01b6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransportationExpense_lbl_ea01b6" xml:lang="en-US">Travelling, library expenses and stationery</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherExpenseByNature" xlink:label="ifrs-full_OtherExpenseByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="ifrs-full_OtherExpenseByNature_lbl_202c76" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherExpenseByNature_lbl_202c76" xml:lang="en-US">Other expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CapitalizedCostOfProduction" xlink:label="cresud_CapitalizedCostOfProduction" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CapitalizedCostOfProduction" xlink:to="cresud_CapitalizedCostOfProduction_lbl_7f5604" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CapitalizedCostOfProduction_lbl_7f5604" xml:lang="en-US">Capitalized cost of production</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PointOfHarvestAmount" xlink:label="cresud_PointOfHarvestAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PointOfHarvestAmount" xlink:to="cresud_PointOfHarvestAmount_lbl_d58a75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PointOfHarvestAmount_lbl_d58a75" xml:lang="en-US">Point of harvest amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssets" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssets" xlink:to="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssets_lbl_dd9257" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssets_lbl_dd9257" xml:lang="en-US">Initial recognition and changes in fair value of biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountAttributableToPriceChanges" xlink:label="cresud_AmountAttributableToPriceChanges" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountAttributableToPriceChanges" xlink:to="cresud_AmountAttributableToPriceChanges_lbl_d36d4b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountAttributableToPriceChanges_lbl_d36d4b" xml:lang="en-US">Amount attributable to price changes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountAttributableToPhysicalChanges" xlink:label="cresud_AmountAttributableToPhysicalChanges" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountAttributableToPhysicalChanges" xlink:to="cresud_AmountAttributableToPhysicalChanges_lbl_c55121" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountAttributableToPhysicalChanges_lbl_c55121" xml:lang="en-US">Amount attributable to physical changes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CropsMember" xlink:label="cresud_CropsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CropsMember" xlink:to="cresud_CropsMember_lbl_4713c8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CropsMember_lbl_4713c8" xml:lang="en-US">Crops [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MaterialsAndSuppliesMember" xlink:label="cresud_MaterialsAndSuppliesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MaterialsAndSuppliesMember" xlink:to="cresud_MaterialsAndSuppliesMember_lbl_e8ce2b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MaterialsAndSuppliesMember_lbl_e8ce2b" xml:lang="en-US">Materials And Supplies [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SugarcaneMember" xlink:to="cresud_SugarcaneMember_lbl_fe7560" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SugarcaneMember_lbl_fe7560" xml:lang="en-US">Sugarcane [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalInventoriesMember" xlink:label="cresud_AgriculturalInventoriesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalInventoriesMember" xlink:to="cresud_AgriculturalInventoriesMember_lbl_14d568" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalInventoriesMember_lbl_14d568" xml:lang="en-US">Agricultural Inventories [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalInventoriesMember" xlink:label="cresud_TotalInventoriesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalInventoriesMember" xlink:to="cresud_TotalInventoriesMember_lbl_65133e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalInventoriesMember_lbl_65133e" xml:lang="en-US">Total Inventories [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SuppliesForHotelsMember" xlink:label="cresud_SuppliesForHotelsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SuppliesForHotelsMember" xlink:to="cresud_SuppliesForHotelsMember_lbl_73ef4a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SuppliesForHotelsMember_lbl_73ef4a" xml:lang="en-US">Supplies for Hotels [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl_b8051a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Inventories_lbl_b8051a" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfInventoriesRecognisedAsExpenseDuringPeriods" xlink:label="cresud_CostOfInventoriesRecognisedAsExpenseDuringPeriods" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfInventoriesRecognisedAsExpenseDuringPeriods" xlink:to="cresud_CostOfInventoriesRecognisedAsExpenseDuringPeriods_lbl_2e7ffc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfInventoriesRecognisedAsExpenseDuringPeriods_lbl_2e7ffc" xml:lang="en-US">Cost of inventories recognized as expense amounted</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl_683873" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl_683873" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_lbl_ab8591" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_lbl_ab8591" xml:lang="en-US">Liabilities arising from financing activities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl_fd5a9c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl_fd5a9c" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BondFuturesMember" xlink:label="cresud_BondFuturesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BondFuturesMember" xlink:to="cresud_BondFuturesMember_lbl_3261fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BondFuturesMember_lbl_3261fd" xml:lang="en-US">Bond futures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstrumentsCategoryMember" xlink:label="cresud_DerivativeFinancialInstrumentsCategoryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsCategoryMember" xlink:to="cresud_DerivativeFinancialInstrumentsCategoryMember_lbl_4d24df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstrumentsCategoryMember_lbl_4d24df" xml:lang="en-US">Derivative Financial Instruments [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherMember" xlink:to="cresud_OtherMember_lbl_cb14d4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherMember_lbl_cb14d4" xml:lang="en-US">Other [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInFinancialAssetsCategoryMember" xlink:label="cresud_InvestmentsInFinancialAssetsCategoryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInFinancialAssetsCategoryMember" xlink:to="cresud_InvestmentsInFinancialAssetsCategoryMember_lbl_6d55a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInFinancialAssetsCategoryMember_lbl_6d55a9" xml:lang="en-US">Investments In Financial Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersInvestmentInFinancialAssetsMember" xlink:label="cresud_OthersInvestmentInFinancialAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersInvestmentInFinancialAssetsMember" xlink:to="cresud_OthersInvestmentInFinancialAssetsMember_lbl_7d6b30" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersInvestmentInFinancialAssetsMember_lbl_7d6b30" xml:lang="en-US">Others Investment In Financial Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommoditiesOptionsContractsMember" xlink:label="cresud_CommoditiesOptionsContractsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommoditiesOptionsContractsMember" xlink:to="cresud_CommoditiesOptionsContractsMember_lbl_7c56b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommoditiesOptionsContractsMember_lbl_7c56b3" xml:lang="en-US">Commodities Options Contracts [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LevelOneOfFairValueHierarchyMember" xlink:to="cresud_LevelOneOfFairValueHierarchyMember_lbl_144537" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LevelOneOfFairValueHierarchyMember_lbl_144537" xml:lang="en-US">Level 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommoditiesFutureContractsMember" xlink:label="cresud_CommoditiesFutureContractsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommoditiesFutureContractsMember" xlink:to="cresud_CommoditiesFutureContractsMember_lbl_1e12a4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommoditiesFutureContractsMember_lbl_1e12a4" xml:lang="en-US">Commodities Future Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyOptionsContractsMember" xlink:label="cresud_ForeignCurrencyOptionsContractsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyOptionsContractsMember" xlink:to="cresud_ForeignCurrencyOptionsContractsMember_lbl_1c5e11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyOptionsContractsMember_lbl_1c5e11" xml:lang="en-US">Foreign Currency Options Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SwapsMember" xlink:label="cresud_SwapsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SwapsMember" xlink:to="cresud_SwapsMember_lbl_643c09" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SwapsMember_lbl_643c09" xml:lang="en-US">Swaps [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersAssetsMember" xlink:label="cresud_OthersAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersAssetsMember" xlink:to="cresud_OthersAssetsMember_lbl_04a3f7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersAssetsMember_lbl_04a3f7" xml:lang="en-US">Other Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="ifrs-full_LeaseLiabilitiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl_a27a0a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl_a27a0a" xml:lang="en-US">Lease liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommoditiesFuturesContractsMember" xlink:label="cresud_CommoditiesFuturesContractsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommoditiesFuturesContractsMember" xlink:to="cresud_CommoditiesFuturesContractsMember_lbl_e73418" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommoditiesFuturesContractsMember_lbl_e73418" xml:lang="en-US">Commodities Futures Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesMember" xlink:label="cresud_TradeAndOtherReceivablesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesMember" xlink:to="cresud_TradeAndOtherReceivablesMember_lbl_04217a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesMember_lbl_04217a" xml:lang="en-US">Trade And Other Receivables [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EquitySecuritiesInPublicCompaniesMember" xlink:label="cresud_EquitySecuritiesInPublicCompaniesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EquitySecuritiesInPublicCompaniesMember" xlink:to="cresud_EquitySecuritiesInPublicCompaniesMember_lbl_5bbeff" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EquitySecuritiesInPublicCompaniesMember_lbl_5bbeff" xml:lang="en-US">Equity securities in public companies [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Bonds1Member" xlink:label="cresud_Bonds1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Bonds1Member" xlink:to="cresud_Bonds1Member_lbl_98ee4c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Bonds1Member_lbl_98ee4c" xml:lang="en-US">Bonds 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MutualFundsMember" xlink:label="cresud_MutualFundsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MutualFundsMember" xlink:to="cresud_MutualFundsMember_lbl_9d9faf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MutualFundsMember_lbl_9d9faf" xml:lang="en-US">Mutual Funds [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShortTermBankInDepositsMember" xlink:label="cresud_ShortTermBankInDepositsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShortTermBankInDepositsMember" xlink:to="cresud_ShortTermBankInDepositsMember_lbl_862333" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShortTermBankInDepositsMember_lbl_862333" xml:lang="en-US">Short-term Bank In Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherPayablesMember" xlink:label="cresud_TradeAndOtherPayablesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayablesMember" xlink:to="cresud_TradeAndOtherPayablesMember_lbl_fd6835" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherPayablesMember_lbl_fd6835" xml:lang="en-US">Trade And Other Payables [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Borrowings1Member" xlink:label="cresud_Borrowings1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Borrowings1Member" xlink:to="cresud_Borrowings1Member_lbl_42b33f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Borrowings1Member_lbl_42b33f" xml:lang="en-US">Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LiabilitiesFinancialNetMember" xlink:label="cresud_LiabilitiesFinancialNetMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LiabilitiesFinancialNetMember" xlink:to="cresud_LiabilitiesFinancialNetMember_lbl_80954c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LiabilitiesFinancialNetMember_lbl_80954c" xml:lang="en-US">Total liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AssetsAsPerFinancialPositionNetMember" xlink:label="cresud_AssetsAsPerFinancialPositionNetMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AssetsAsPerFinancialPositionNetMember" xlink:to="cresud_AssetsAsPerFinancialPositionNetMember_lbl_88fdb8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AssetsAsPerFinancialPositionNetMember_lbl_88fdb8" xml:lang="en-US">Total Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RestrictedAssetsMember" xlink:label="cresud_RestrictedAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RestrictedAssetsMember" xlink:to="cresud_RestrictedAssetsMember_lbl_734631" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RestrictedAssetsMember_lbl_734631" xml:lang="en-US">Restricted Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashAndCashEquivalentsCategoryMember" xlink:label="cresud_CashAndCashEquivalentsCategoryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashAndCashEquivalentsCategoryMember" xlink:to="cresud_CashAndCashEquivalentsCategoryMember_lbl_821b9e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashAndCashEquivalentsCategoryMember_lbl_821b9e" xml:lang="en-US">Cash And Cash Equivalents [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashAtBankAndOnHandMember" xlink:label="cresud_CashAtBankAndOnHandMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashAtBankAndOnHandMember" xlink:to="cresud_CashAtBankAndOnHandMember_lbl_854033" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashAtBankAndOnHandMember_lbl_854033" xml:lang="en-US">Cash at bank and on hand [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyFutureContractsMember" xlink:label="cresud_ForeignCurrencyFutureContractsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyFutureContractsMember" xlink:to="cresud_ForeignCurrencyFutureContractsMember_lbl_cd6e24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyFutureContractsMember_lbl_cd6e24" xml:lang="en-US">Foreign Currency Future Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl_b8a0b8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl_b8a0b8" xml:lang="en-US">Financial assets at amortized cost (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GrossFinancialAssets" xlink:label="cresud_GrossFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossFinancialAssets" xlink:to="cresud_GrossFinancialAssets_lbl_7450d5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GrossFinancialAssets_lbl_7450d5" xml:lang="en-US">Subtotal financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GrossFinancialLiabilities" xlink:label="cresud_GrossFinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossFinancialLiabilities" xlink:to="cresud_GrossFinancialLiabilities_lbl_23bba0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GrossFinancialLiabilities_lbl_23bba0" xml:lang="en-US">Subtotal financial Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNonfinancialAssets" xlink:label="ifrs-full_OtherNonfinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNonfinancialAssets" xlink:to="ifrs-full_OtherNonfinancialAssets_lbl_2d326b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNonfinancialAssets_lbl_2d326b" xml:lang="en-US">Non-financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNonfinancialLiabilities" xlink:label="ifrs-full_OtherNonfinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNonfinancialLiabilities" xlink:to="ifrs-full_OtherNonfinancialLiabilities_lbl_721400" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNonfinancialLiabilities_lbl_721400" xml:lang="en-US">Non-financial liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl_12f4d6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialAssets_lbl_12f4d6" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets" xlink:label="ifrs-full_FinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssets_lbl_7" xml:lang="en-US">[Financial assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl_d5814d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl_d5814d" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl_120603" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl_120603" xml:lang="en-US">Financial liabilities at amortized cost (i)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl_d13eec" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialLiabilities_lbl_d13eec" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_lbl_10" xml:lang="en-US">[Financial liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl_f0de1a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl_f0de1a" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesMember" xlink:to="cresud_TradeAndOtherReceivablesMember_lbl_cfce38" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherReceivablesMember_lbl_cfce38" xml:lang="en-US">Trade And Other Receivables [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GrossFinancialAssetsRecognized" xlink:label="cresud_GrossFinancialAssetsRecognized" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossFinancialAssetsRecognized" xlink:to="cresud_GrossFinancialAssetsRecognized_lbl_99e0d4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GrossFinancialAssetsRecognized_lbl_99e0d4" xml:lang="en-US">Gross amounts recognized, Financial assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_eb19b0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_eb19b0" xml:lang="en-US">Gross amounts offset, Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_3" xml:lang="en-US">[Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetAmountPresentedFinancialAssets" xlink:label="cresud_NetAmountPresentedFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetAmountPresentedFinancialAssets" xlink:to="cresud_NetAmountPresentedFinancialAssets_lbl_3ff208" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetAmountPresentedFinancialAssets_lbl_3ff208" xml:lang="en-US">Net amount presented, Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GrossFinancialLiabilitiesRecognized" xlink:label="cresud_GrossFinancialLiabilitiesRecognized" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GrossFinancialLiabilitiesRecognized" xlink:to="cresud_GrossFinancialLiabilitiesRecognized_lbl_cebc1d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GrossFinancialLiabilitiesRecognized_lbl_cebc1d" xml:lang="en-US">Gross amounts recognized, Financial liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_3ced4a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_3ced4a" xml:lang="en-US">Gross amounts offset, Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl_6" xml:lang="en-US">[Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetAmountPresentedFinancialLiabilities" xlink:label="cresud_NetAmountPresentedFinancialLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetAmountPresentedFinancialLiabilities" xlink:to="cresud_NetAmountPresentedFinancialLiabilities_lbl_b6084d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetAmountPresentedFinancialLiabilities_lbl_b6084d" xml:lang="en-US">Net amount presented, Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl_3ba130" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl_3ba130" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" xlink:label="cresud_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" xlink:to="cresud_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_lbl_ff21eb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_lbl_ff21eb" xml:lang="en-US">Financial Assets And Liabilities At Amortised Cost Category [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:label="cresud_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="cresud_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl_d59855" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl_d59855" xml:lang="en-US">Financial Assets And Liabilities At Fair Value Through Profit Or Loss Category [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinanceIncome2" xlink:label="cresud_FinanceIncome2" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinanceIncome2" xlink:to="cresud_FinanceIncome2_lbl_8e4ae2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinanceIncome2_lbl_8e4ae2" xml:lang="en-US">Interest income</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinanceIncome" xlink:label="ifrs-full_OtherFinanceIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncome" xlink:to="ifrs-full_OtherFinanceIncome_lbl_f52204" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinanceIncome_lbl_f52204" xml:lang="en-US">Other finance income</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestAndAllowancesGeneratedByOperatingAssets" xlink:label="cresud_InterestAndAllowancesGeneratedByOperatingAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestAndAllowancesGeneratedByOperatingAssets" xlink:to="cresud_InterestAndAllowancesGeneratedByOperatingAssets_lbl_f179fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestAndAllowancesGeneratedByOperatingAssets_lbl_f179fd" xml:lang="en-US">Interest and allowances generated by operating assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestExpense1" xlink:label="cresud_InterestExpense1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestExpense1" xlink:to="cresud_InterestExpense1_lbl_6761a7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestExpense1_lbl_6761a7" xml:lang="en-US">Interest expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl_54dd2e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl_54dd2e" xml:lang="en-US">Lease liabilities interest</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl_f6e9fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl_f6e9fd" xml:lang="en-US">Foreign exchange, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl_a87469" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl_a87469" xml:lang="en-US">Fair value gains financial assets at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainLossFromRepurchaseOfNonConvertibleNotes" xlink:label="cresud_GainLossFromRepurchaseOfNonConvertibleNotes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainLossFromRepurchaseOfNonConvertibleNotes" xlink:to="cresud_GainLossFromRepurchaseOfNonConvertibleNotes_lbl_d55cd9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainLossFromRepurchaseOfNonConvertibleNotes_lbl_d55cd9" xml:lang="en-US">Gain from repurchase of Non-convertible Notes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainsLossesOnChangesInFairValueOfDerivatives" xlink:label="cresud_GainsLossesOnChangesInFairValueOfDerivatives" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainsLossesOnChangesInFairValueOfDerivatives" xlink:to="cresud_GainsLossesOnChangesInFairValueOfDerivatives_lbl_a9d495" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainsLossesOnChangesInFairValueOfDerivatives_lbl_a9d495" xml:lang="en-US">Gain on financial instruments derived from commodities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl_7ce4a6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl_7ce4a6" xml:lang="en-US">Loss from derivative financial instruments, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinanceCost" xlink:label="ifrs-full_OtherFinanceCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceCost" xlink:to="ifrs-full_OtherFinanceCost_lbl_46eeb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinanceCost_lbl_46eeb1" xml:lang="en-US">Other financial cost</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinanceIncomeCost1" xlink:label="cresud_FinanceIncomeCost1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinanceIncomeCost1" xlink:to="cresud_FinanceIncomeCost1_lbl_71d63d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinanceIncomeCost1_lbl_71d63d" xml:lang="en-US">Net result</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInFinancialAssetsOthersMember" xlink:label="cresud_InvestmentsInFinancialAssetsOthersMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInFinancialAssetsOthersMember" xlink:to="cresud_InvestmentsInFinancialAssetsOthersMember_lbl_4d46ca" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInFinancialAssetsOthersMember_lbl_4d46ca" xml:lang="en-US">Investments in financial assets Others [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialInstrument" xlink:to="cresud_FinancialInstrument_lbl_4eca3a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_FinancialInstrument_lbl_4eca3a" xml:lang="en-US">Beginning balance</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialInstrument" xlink:label="cresud_FinancialInstrument" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialInstrument" xlink:to="cresud_FinancialInstrument_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialInstrument_lbl_2" xml:lang="en-US">[Beginning balance]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainLossOnInvestmenOnFinancialAssets" xlink:label="cresud_GainLossOnInvestmenOnFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainLossOnInvestmenOnFinancialAssets" xlink:to="cresud_GainLossOnInvestmenOnFinancialAssets_lbl_6516b0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainLossOnInvestmenOnFinancialAssets_lbl_6516b0" xml:lang="en-US">Gain for the year (i)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialInstrument" xlink:to="cresud_FinancialInstrument_lbl_ffb5ab" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_FinancialInstrument_lbl_ffb5ab" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstrumentsForwardsMember" xlink:label="cresud_DerivativeFinancialInstrumentsForwardsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsForwardsMember" xlink:to="cresud_DerivativeFinancialInstrumentsForwardsMember_lbl_44bae4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstrumentsForwardsMember_lbl_44bae4" xml:lang="en-US">Derivative financial instruments Forwards [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurementIsCategorised" xlink:label="ifrs-full_DescriptionOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurementIsCategorised" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurementIsCategorised" xlink:to="ifrs-full_DescriptionOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurementIsCategorised_lbl_5de5b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurementIsCategorised_lbl_5de5b2" xml:lang="en-US">Description</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement" xlink:to="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement_lbl_aef2c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement_lbl_aef2c5" xml:lang="en-US">Parameters</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement" xlink:label="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement" xlink:to="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ParametersOfLevelOfFairValueHierarchyWithinWhichFairValueMeasurement_lbl_3" xml:lang="en-US">[Parameters]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeReceivablesGross" xlink:label="cresud_TradeReceivablesGross" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeReceivablesGross" xlink:to="cresud_TradeReceivablesGross_lbl_0067b6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeReceivablesGross_lbl_0067b6" xml:lang="en-US">Trade, leases and services receivable</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeReceivablesAllowancesForDoubtfulAccounts" xlink:to="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_4103a3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_4103a3" xml:lang="en-US">Less: allowance for doubtful accounts</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeReceivablesAllowancesForDoubtfulAccounts" xlink:label="cresud_TradeReceivablesAllowancesForDoubtfulAccounts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeReceivablesAllowancesForDoubtfulAccounts" xlink:to="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_3" xml:lang="en-US">[Less: allowance for doubtful accounts]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivables" xlink:label="ifrs-full_TradeReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl_3c731d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivables_lbl_3c731d" xml:lang="en-US">Total trade receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Prepayments" xlink:label="ifrs-full_Prepayments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Prepayments" xlink:to="ifrs-full_Prepayments_lbl_f727bf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Prepayments_lbl_f727bf" xml:lang="en-US">Prepayments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherReceivablesBorrowingsDepositsAndOthers" xlink:label="cresud_OtherReceivablesBorrowingsDepositsAndOthers" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherReceivablesBorrowingsDepositsAndOthers" xlink:to="cresud_OtherReceivablesBorrowingsDepositsAndOthers_lbl_e20f0b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherReceivablesBorrowingsDepositsAndOthers_lbl_e20f0b" xml:lang="en-US">Borrowings, deposits and others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherReceivablesGuaranteeDeposits" xlink:label="cresud_OtherReceivablesGuaranteeDeposits" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherReceivablesGuaranteeDeposits" xlink:to="cresud_OtherReceivablesGuaranteeDeposits_lbl_02bcf2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherReceivablesGuaranteeDeposits_lbl_02bcf2" xml:lang="en-US">Guarantee deposits</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherTaxReceivables" xlink:label="cresud_OtherTaxReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherTaxReceivables" xlink:to="cresud_OtherTaxReceivables_lbl_024517" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherTaxReceivables_lbl_024517" xml:lang="en-US">Tax receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersReceivable" xlink:label="cresud_OthersReceivable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersReceivable" xlink:to="cresud_OthersReceivable_lbl_c63eb4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersReceivable_lbl_c63eb4" xml:lang="en-US">Others</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReceivables" xlink:label="ifrs-full_OtherReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReceivables" xlink:to="ifrs-full_OtherReceivables_lbl_d094e7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReceivables_lbl_d094e7" xml:lang="en-US">Total other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivables" xlink:label="ifrs-full_TradeAndOtherReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_lbl_4d8123" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl_4d8123" xml:lang="en-US">Total trade and other receivables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesNonCurrent" xlink:to="cresud_TradeAndOtherReceivablesNonCurrent_lbl_dcf374" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherReceivablesNonCurrent_lbl_dcf374" xml:lang="en-US">Non-current</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesNonCurrent" xlink:label="cresud_TradeAndOtherReceivablesNonCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesNonCurrent" xlink:to="cresud_TradeAndOtherReceivablesNonCurrent_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesNonCurrent_lbl_12" xml:lang="en-US">[Non-current 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesCurrent" xlink:to="cresud_TradeAndOtherReceivablesCurrent_lbl_001f7a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherReceivablesCurrent_lbl_001f7a" xml:lang="en-US">Current</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesCurrent" xlink:label="cresud_TradeAndOtherReceivablesCurrent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesCurrent" xlink:to="cresud_TradeAndOtherReceivablesCurrent_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesCurrent_lbl_13" xml:lang="en-US">[Current]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalTradeAndOtherReceivablesNet" xlink:to="cresud_TotalTradeAndOtherReceivablesNet_lbl_9409ae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalTradeAndOtherReceivablesNet_lbl_9409ae" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalTradeAndOtherReceivablesNet" xlink:label="cresud_TotalTradeAndOtherReceivablesNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalTradeAndOtherReceivablesNet" xlink:to="cresud_TotalTradeAndOtherReceivablesNet_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalTradeAndOtherReceivablesNet_lbl_14" xml:lang="en-US">[Total 2]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeReceivablesAllowancesForDoubtfulAccounts" xlink:to="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_4ccd66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_4ccd66" xml:lang="en-US">Beginning of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions" xlink:to="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions_lbl_3880dc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions_lbl_3880dc" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AllowanceForDoubtfulAccountsReceivablesAdditions" xlink:label="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions" xlink:to="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AllowanceForDoubtfulAccountsReceivablesAdditions_lbl_3" xml:lang="en-US">[Additions 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AllowanceForDoubtfulAccountsReceivablesRecoveries" xlink:label="cresud_AllowanceForDoubtfulAccountsReceivablesRecoveries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowanceForDoubtfulAccountsReceivablesRecoveries" xlink:to="cresud_AllowanceForDoubtfulAccountsReceivablesRecoveries_lbl_ae2057" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AllowanceForDoubtfulAccountsReceivablesRecoveries_lbl_ae2057" xml:lang="en-US">Recoveries</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" xlink:label="cresud_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" xlink:to="cresud_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_lbl_920686" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_lbl_920686" xml:lang="en-US">Currency translations adjustment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts" xlink:to="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts_lbl_9c7307" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts_lbl_9c7307" xml:lang="en-US">Used during the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts" xlink:label="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts" xlink:to="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UsedDuringTheYearAllowanceFOrDoubtfulAccounts_lbl_6" xml:lang="en-US">[Used during the year]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AllowancesForDoubtfulAccountsBusinessCombinationIncorporation" xlink:label="cresud_AllowancesForDoubtfulAccountsBusinessCombinationIncorporation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowancesForDoubtfulAccountsBusinessCombinationIncorporation" xlink:to="cresud_AllowancesForDoubtfulAccountsBusinessCombinationIncorporation_lbl_47e14f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AllowancesForDoubtfulAccountsBusinessCombinationIncorporation_lbl_47e14f" xml:lang="en-US">Business combination incorporation</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowancesForDoubtfulAccountsInflationAdjustments" xlink:to="cresud_AllowancesForDoubtfulAccountsInflationAdjustments_lbl_ab6729" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_AllowancesForDoubtfulAccountsInflationAdjustments_lbl_ab6729" xml:lang="en-US">Inflation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AllowancesForDoubtfulAccountsInflationAdjustments" xlink:label="cresud_AllowancesForDoubtfulAccountsInflationAdjustments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowancesForDoubtfulAccountsInflationAdjustments" xlink:to="cresud_AllowancesForDoubtfulAccountsInflationAdjustments_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AllowancesForDoubtfulAccountsInflationAdjustments_lbl_8" xml:lang="en-US">[Inflation adjustment 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeReceivablesAllowancesForDoubtfulAccounts" xlink:to="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_81d268" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_TradeReceivablesAllowancesForDoubtfulAccounts_lbl_81d268" xml:lang="en-US">End of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastDueStatusAxis" xlink:label="ifrs-full_PastDueStatusAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl_ea3674" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl_ea3674" xml:lang="en-US">Past due status [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl_a097a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl_a097a9" xml:lang="en-US">Impairment of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeaseAndServicesMember" xlink:label="cresud_LeaseAndServicesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseAndServicesMember" xlink:to="cresud_LeaseAndServicesMember_lbl_e71df8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeaseAndServicesMember_lbl_e71df8" xml:lang="en-US">Lease And Services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentMember" xlink:label="ifrs-full_CurrentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl_43c023" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentMember_lbl_43c023" xml:lang="en-US">Up To 3 Months [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:to="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl_a71e9a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl_a71e9a" xml:lang="en-US">Non-past Due [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsImpairedMember" xlink:label="ifrs-full_FinancialAssetsImpairedMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsImpairedMember" xlink:to="ifrs-full_FinancialAssetsImpairedMember_lbl_734b23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsImpairedMember_lbl_734b23" xml:lang="en-US">Allowance [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DisposalOfPropertiesMember" xlink:label="cresud_DisposalOfPropertiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DisposalOfPropertiesMember" xlink:to="cresud_DisposalOfPropertiesMember_lbl_4709b1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DisposalOfPropertiesMember_lbl_4709b1" xml:lang="en-US">Sale of Properties and Developments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalProductsMember" xlink:label="cresud_AgriculturalProductsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalProductsMember" xlink:to="cresud_AgriculturalProductsMember_lbl_cb3612" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalProductsMember_lbl_cb3612" xml:lang="en-US">Agricultural Products [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaterThanThreeButNotLaterThanSixMonthsMember" xlink:label="cresud_LaterThanThreeButNotLaterThanSixMonthsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaterThanThreeButNotLaterThanSixMonthsMember" xlink:to="cresud_LaterThanThreeButNotLaterThanSixMonthsMember_lbl_e8a46a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaterThanThreeButNotLaterThanSixMonthsMember_lbl_e8a46a" xml:lang="en-US">From 3 To 6 Months [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NotLaterThanSixMonthsMember" xlink:label="cresud_NotLaterThanSixMonthsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NotLaterThanSixMonthsMember" xlink:to="cresud_NotLaterThanSixMonthsMember_lbl_f188be" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NotLaterThanSixMonthsMember_lbl_f188be" xml:lang="en-US">Over 6 Months [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NotLatersThanSixMonthsMember" xlink:label="cresud_NotLatersThanSixMonthsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NotLatersThanSixMonthsMember" xlink:to="cresud_NotLatersThanSixMonthsMember_lbl_73ed88" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NotLatersThanSixMonthsMember_lbl_73ed88" xml:lang="en-US">Over Six Months [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NotLaterThanSixMothsMember" xlink:to="cresud_NotLaterThanSixMothsMember_lbl_8cf15a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_NotLaterThanSixMothsMember_lbl_8cf15a" xml:lang="en-US">Over 6 Months [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NotLaterThanSixMothsMember" xlink:label="cresud_NotLaterThanSixMothsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NotLaterThanSixMothsMember" xlink:to="cresud_NotLaterThanSixMothsMember_lbl_71" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NotLaterThanSixMothsMember_lbl_71" xml:lang="en-US">[Over 6 Months [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeasesAndServicesMember" xlink:label="cresud_LeasesAndServicesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeasesAndServicesMember" xlink:to="cresud_LeasesAndServicesMember_lbl_39336e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeasesAndServicesMember_lbl_39336e" xml:lang="en-US">Leases And Services [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalBusinessCombinationsMember" xlink:label="cresud_TotalBusinessCombinationsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBusinessCombinationsMember" xlink:to="cresud_TotalBusinessCombinationsMember_lbl_ef4e95" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalBusinessCombinationsMember_lbl_ef4e95" xml:lang="en-US">Total Business Combinations [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesNet" xlink:to="cresud_TradeAndOtherReceivablesNet_lbl_ec3ba5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherReceivablesNet_lbl_ec3ba5" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesNet" xlink:label="cresud_TradeAndOtherReceivablesNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesNet" xlink:to="cresud_TradeAndOtherReceivablesNet_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesNet_lbl_2" xml:lang="en-US">[Total 3]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReceivablePercent" xlink:label="cresud_ReceivablePercent" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReceivablePercent" xlink:to="cresud_ReceivablePercent_lbl_d7209c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReceivablePercent_lbl_d7209c" xml:lang="en-US">Percentage of representation</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashFlowInformationMember" xlink:label="cresud_CashFlowInformationMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashFlowInformationMember" xlink:to="cresud_CashFlowInformationMember_lbl_e25a6e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashFlowInformationMember_lbl_e25a6e" xml:lang="en-US">Cash Flow Information [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl_b3dbb5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl_b3dbb5" xml:lang="en-US">Income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl_3" xml:lang="en-US">[Adjustments for income tax expense]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl_fe8870" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl_fe8870" xml:lang="en-US">Amortization and depreciation</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfInvestmentProperties" xlink:to="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl_039cc4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl_039cc4" xml:lang="en-US">(Gain) / loss from disposal of trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainLossFromDisposalOfPropertyPlantAndEquipment" xlink:label="cresud_GainLossFromDisposalOfPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainLossFromDisposalOfPropertyPlantAndEquipment" xlink:to="cresud_GainLossFromDisposalOfPropertyPlantAndEquipment_lbl_fd3c09" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainLossFromDisposalOfPropertyPlantAndEquipment_lbl_fd3c09" xml:lang="en-US">(Gain) / loss from disposal of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ImpairmentOfPropertyPlantAndEquipment" xlink:label="cresud_ImpairmentOfPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ImpairmentOfPropertyPlantAndEquipment" xlink:to="cresud_ImpairmentOfPropertyPlantAndEquipment_lbl_2b7a72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ImpairmentOfPropertyPlantAndEquipment_lbl_2b7a72" xml:lang="en-US">Impairment of property, plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions" xlink:to="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions_lbl_e570f1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions_lbl_e570f1" xml:lang="en-US">Gain from lease modification</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions" xlink:label="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions" xlink:to="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesArisingFromSaleAndLeasebackTransactions_lbl_9" xml:lang="en-US">[Gains (losses) arising from sale and leaseback transactions]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables_lbl_57fbf0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables_lbl_57fbf0" xml:lang="en-US">Impairment of trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_d41888" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates_lbl_d41888" xml:lang="en-US">(Gain) / loss from disposal of subsidiary and associates</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialResultsNet" xlink:to="cresud_FinancialResultsNet_lbl_6fa636" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_FinancialResultsNet_lbl_6fa636" xml:lang="en-US">Financial results, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="ifrs-full_AdjustmentsForProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl_04c4ad" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl_04c4ad" xml:lang="en-US">Provisions and allowances</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareOfProfitLossOfJointVenturesAndAssociates" xlink:label="cresud_ShareOfProfitLossOfJointVenturesAndAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="cresud_ShareOfProfitLossOfJointVenturesAndAssociates_lbl_100b60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareOfProfitLossOfJointVenturesAndAssociates_lbl_100b60" xml:lang="en-US">Share of (profit)/ loss of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyManagementExpense" xlink:to="ifrs-full_PropertyManagementExpense_lbl_1add75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PropertyManagementExpense_lbl_1add75" xml:lang="en-US">Management fees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForGainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:label="cresud_AdjustmentsForGainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForGainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_AdjustmentsForGainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_a638b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForGainsLossesOnNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_a638b9" xml:lang="en-US">Changes in net realizable value of agricultural products after harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod1" xlink:label="cresud_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod1" xlink:to="cresud_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod1_lbl_ba9e80" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GainsLossesOnInitialRecognitionOfBiologicalAssetsForCurrentPeriod1_lbl_ba9e80" xml:lang="en-US">Unrealized initial recognition and changes in fair value of biological assets and agricultural products at the point of harvest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands" xlink:to="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands_lbl_62cde8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands_lbl_62cde8" xml:lang="en-US">Gain from disposal of farmlands</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForGainLossOnDisposalOfFarmlands" xlink:label="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands" xlink:to="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands_lbl_18" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForGainLossOnDisposalOfFarmlands_lbl_18" xml:lang="en-US">[Gain from disposal of farmlands 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl_5df321" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl_5df321" xml:lang="en-US">Increase in inventories</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading_lbl_8dc0a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading_lbl_8dc0a9" xml:lang="en-US">Decrease / (increase) in trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInBiologicalAssets" xlink:label="ifrs-full_ChangesInBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInBiologicalAssets" xlink:to="ifrs-full_ChangesInBiologicalAssets_lbl_48d879" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ChangesInBiologicalAssets_lbl_48d879" xml:lang="en-US">(Increase) / decrease in biological assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl_3c37c3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl_3c37c3" xml:lang="en-US">(Increase) / decrease in trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl_9ea2fb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl_9ea2fb" xml:lang="en-US">Decrease in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForIncreaseInEmployeeBenefits" xlink:label="cresud_AdjustmentsForIncreaseInEmployeeBenefits" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForIncreaseInEmployeeBenefits" xlink:to="cresud_AdjustmentsForIncreaseInEmployeeBenefits_lbl_f138e7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForIncreaseInEmployeeBenefits_lbl_f138e7" xml:lang="en-US">(Decrease) / increase in salaries and social security liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForIncreaseInProvisions" xlink:label="cresud_AdjustmentsForIncreaseInProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForIncreaseInProvisions" xlink:to="cresud_AdjustmentsForIncreaseInProvisions_lbl_5fe781" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForIncreaseInProvisions_lbl_5fe781" xml:lang="en-US">Decrease in provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInLeaseLiabilities" xlink:label="cresud_DecreaseInLeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInLeaseLiabilities" xlink:to="cresud_DecreaseInLeaseLiabilities_lbl_451f95" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInLeaseLiabilities_lbl_451f95" xml:lang="en-US">Decrease in lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForDecreaseIncreaseInDerivativeFinancialInstruments" xlink:label="cresud_AdjustmentsForDecreaseIncreaseInDerivativeFinancialInstruments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForDecreaseIncreaseInDerivativeFinancialInstruments" xlink:to="cresud_AdjustmentsForDecreaseIncreaseInDerivativeFinancialInstruments_lbl_a0a805" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForDecreaseIncreaseInDerivativeFinancialInstruments_lbl_a0a805" xml:lang="en-US">Net variation in derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInRightOfUseAssets" xlink:label="cresud_DecreaseInRightOfUseAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInRightOfUseAssets" xlink:to="cresud_DecreaseInRightOfUseAssets_lbl_a7eceb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInRightOfUseAssets_lbl_a7eceb" xml:lang="en-US">Decrease in right of use assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetCashGeneratedByOperatingActivitiesBeforeIncomeTaxPaid" xlink:label="cresud_NetCashGeneratedByOperatingActivitiesBeforeIncomeTaxPaid" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetCashGeneratedByOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="cresud_NetCashGeneratedByOperatingActivitiesBeforeIncomeTaxPaid_lbl_a2cb7a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetCashGeneratedByOperatingActivitiesBeforeIncomeTaxPaid_lbl_a2cb7a" xml:lang="en-US">Net cash generated by operating activities before income tax paid</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate" xlink:to="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_7f095b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_InvestmentPropertyRecognisedAsOfAcquisitionDate_lbl_7f095b" xml:lang="en-US">Investment properties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_77aecb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl_77aecb" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_e48e3c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl_e48e3c" xml:lang="en-US">Intangible assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_66ed5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_IncomeTaxCreditAssetsRecognisedAsOfAcquisitionDate_lbl_66ed5e" xml:lang="en-US">Income tax and MPIT credit</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate" xlink:to="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_88bb7f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_TradeAndOtherReceivablesRecognisedAsOfAcquisitionDate_lbl_88bb7f" xml:lang="en-US">Trade and other receivables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_9059ff" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl_9059ff" xml:lang="en-US">Inventories</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_c87f87" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl_c87f87" xml:lang="en-US">Net value of assets acquired that did not affect cash</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_ae823b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_ae823b" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl_44043a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl_44043a" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetValueOfAssetsRecognisedAsOfAcquisitionDate" xlink:label="cresud_NetValueOfAssetsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetValueOfAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_NetValueOfAssetsRecognisedAsOfAcquisitionDate_lbl_fc590c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetValueOfAssetsRecognisedAsOfAcquisitionDate_lbl_fc590c" xml:lang="en-US">Net value of incorporated assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate" xlink:to="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate_lbl_0e4929" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate_lbl_0e4929" xml:lang="en-US">Previously held interest (financial asset)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate" xlink:label="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate" xlink:to="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PreviouslyHeldInterestFinancialAssetRecognisedAsOfAcquisitionDate_lbl_17" xml:lang="en-US">[Previously held interest (financial asset)]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl_249f05" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl_249f05" xml:lang="en-US">Settlement through a decrease in investments in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:label="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl_18" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInInvestmentsInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl_18" xml:lang="en-US">[Settlement through a decrease in investments in financial assets]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SellerFinancedAmountRecognisedAsOfAcquisitionDate" xlink:label="cresud_SellerFinancedAmountRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SellerFinancedAmountRecognisedAsOfAcquisitionDate" xlink:to="cresud_SellerFinancedAmountRecognisedAsOfAcquisitionDate_lbl_5c5a1b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SellerFinancedAmountRecognisedAsOfAcquisitionDate_lbl_5c5a1b" xml:lang="en-US">Seller Financed Amount</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashTransferred" xlink:label="ifrs-full_CashTransferred" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashTransferred" xlink:to="ifrs-full_CashTransferred_lbl_2c3b66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashTransferred_lbl_2c3b66" xml:lang="en-US">Cash consideration paid</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashAndCashEquivalentsAcquiredRecognisedAsOfAcquisitionDate" xlink:label="cresud_CashAndCashEquivalentsAcquiredRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashAndCashEquivalentsAcquiredRecognisedAsOfAcquisitionDate" xlink:to="cresud_CashAndCashEquivalentsAcquiredRecognisedAsOfAcquisitionDate_lbl_c19162" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashAndCashEquivalentsAcquiredRecognisedAsOfAcquisitionDate_lbl_c19162" xml:lang="en-US">Cash and cash equivalents acquired</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetOutflowOfCashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:label="cresud_NetOutflowOfCashAndCashEquivalentsRecognisedAsOfAcquisitionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetOutflowOfCashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="cresud_NetOutflowOfCashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_eab0c4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetOutflowOfCashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl_eab0c4" xml:lang="en-US">Net outflow of cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables" xlink:label="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables" xlink:to="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables_lbl_41ba47" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables_lbl_41ba47" xml:lang="en-US">Increase in investment properties through an increase in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInPropertyPlantAndEquipment" xlink:label="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInPropertyPlantAndEquipment" xlink:to="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInPropertyPlantAndEquipment_lbl_42b5c2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInInvestmentPropertiesThroughAnIncreaseInPropertyPlantAndEquipment_lbl_42b5c2" xml:lang="en-US">Decrease in investment properties through an increase in property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInCurrencyTranslationAdjustmentAndOtherComprehensiveResultsFromAssociatesAndJointVentures" xlink:label="cresud_IncreaseDecreaseInCurrencyTranslationAdjustmentAndOtherComprehensiveResultsFromAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInCurrencyTranslationAdjustmentAndOtherComprehensiveResultsFromAssociatesAndJointVentures" xlink:to="cresud_IncreaseDecreaseInCurrencyTranslationAdjustmentAndOtherComprehensiveResultsFromAssociatesAndJointVentures_lbl_a31107" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInCurrencyTranslationAdjustmentAndOtherComprehensiveResultsFromAssociatesAndJointVentures_lbl_a31107" xml:lang="en-US">Currency translation adjustment and other comprehensive results from associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity" xlink:to="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity_lbl_0b13fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity_lbl_0b13fd" xml:lang="en-US">Other changes in shareholders' equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInOtherChangesInShareholderEquity" xlink:label="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity" xlink:to="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInOtherChangesInShareholderEquity_lbl_5" xml:lang="en-US">[Other changes in shareholders' equity]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseOfNonConvertibleNotesThroughADecreaseInNonConvertibleNotes" xlink:label="cresud_IncreaseDecreaseOfNonConvertibleNotesThroughADecreaseInNonConvertibleNotes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseOfNonConvertibleNotesThroughADecreaseInNonConvertibleNotes" xlink:to="cresud_IncreaseDecreaseOfNonConvertibleNotesThroughADecreaseInNonConvertibleNotes_lbl_ad94c5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseOfNonConvertibleNotesThroughADecreaseInNonConvertibleNotes_lbl_ad94c5" xml:lang="en-US">Increase of non-convertible notes through a decrease in non-convertible notes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInPropertyPlantAndEquipmentThroughAnIncreaseInInvestmentProperties" xlink:label="cresud_IncreaseDecreaseInPropertyPlantAndEquipmentThroughAnIncreaseInInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInPropertyPlantAndEquipmentThroughAnIncreaseInInvestmentProperties" xlink:to="cresud_IncreaseDecreaseInPropertyPlantAndEquipmentThroughAnIncreaseInInvestmentProperties_lbl_896e16" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInPropertyPlantAndEquipmentThroughAnIncreaseInInvestmentProperties_lbl_896e16" xml:lang="en-US">Decrease in property, plant and equipment through an increase in investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInShareholdersEquityThroughAnIncreaseInInvestmentProperties" xlink:label="cresud_IncreaseDecreaseInShareholdersEquityThroughAnIncreaseInInvestmentProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInShareholdersEquityThroughAnIncreaseInInvestmentProperties" xlink:to="cresud_IncreaseDecreaseInShareholdersEquityThroughAnIncreaseInInvestmentProperties_lbl_f8c648" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInShareholdersEquityThroughAnIncreaseInInvestmentProperties_lbl_f8c648" xml:lang="en-US">Increase in shareholders' equity through an increase in investment properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInDeferredIncomeTaxLiabilitiesThroughADecreaseInShareholdersEquity" xlink:label="cresud_IncreaseDecreaseInDeferredIncomeTaxLiabilitiesThroughADecreaseInShareholdersEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInDeferredIncomeTaxLiabilitiesThroughADecreaseInShareholdersEquity" xlink:to="cresud_IncreaseDecreaseInDeferredIncomeTaxLiabilitiesThroughADecreaseInShareholdersEquity_lbl_c56f10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInDeferredIncomeTaxLiabilitiesThroughADecreaseInShareholdersEquity_lbl_c56f10" xml:lang="en-US">Increase in deferred income tax liabilities through a decrease in shareholders' equity</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInLeaseLiabilitiesThroughADecreaseInTradeAndOtherReceivables" xlink:label="cresud_IncreaseDecreaseInLeaseLiabilitiesThroughADecreaseInTradeAndOtherReceivables" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInLeaseLiabilitiesThroughADecreaseInTradeAndOtherReceivables_lbl_fefafa" xml:lang="en-US">Decrease in lease liabilities through a decrease in trade and other receivables</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseInBorrowingsThroughADecreaseInTradeAndOtherPayables" xlink:to="cresud_IncreaseInBorrowingsThroughADecreaseInTradeAndOtherPayables_lbl_b2aced" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseInBorrowingsThroughADecreaseInTradeAndOtherPayables_lbl_b2aced" xml:lang="en-US">Increase in borrowings through a decrease in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInBorrowingThroughIncreaseInTradeAndOtherPayables" xlink:label="cresud_DecreaseInBorrowingThroughIncreaseInTradeAndOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInBorrowingThroughIncreaseInTradeAndOtherPayables" xlink:to="cresud_DecreaseInBorrowingThroughIncreaseInTradeAndOtherPayables_lbl_92b219" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInBorrowingThroughIncreaseInTradeAndOtherPayables_lbl_92b219" xml:lang="en-US">Decrease in borrowings through an increase in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInShareholdersEquityThroughADecreaseInTradeAndOtherReceivables" xlink:label="cresud_DecreaseInShareholdersEquityThroughADecreaseInTradeAndOtherReceivables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInShareholdersEquityThroughADecreaseInTradeAndOtherReceivables" xlink:to="cresud_DecreaseInShareholdersEquityThroughADecreaseInTradeAndOtherReceivables_lbl_076ad3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInShareholdersEquityThroughADecreaseInTradeAndOtherReceivables_lbl_076ad3" xml:lang="en-US">Decrease in shareholders' equity through a decrease in trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInInvestmentPropertiesThroughOneIncreaseInTradingProperties" xlink:label="cresud_DecreaseInInvestmentPropertiesThroughOneIncreaseInTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInInvestmentPropertiesThroughOneIncreaseInTradingProperties" xlink:to="cresud_DecreaseInInvestmentPropertiesThroughOneIncreaseInTradingProperties_lbl_51a47f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInInvestmentPropertiesThroughOneIncreaseInTradingProperties_lbl_51a47f" xml:lang="en-US">Decrease in investment properties through an increase in trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseInIntangibleAssetsThroughAnIncreaseInPayrollAndSocialSecurityLiabilities" xlink:label="cresud_IncreaseInIntangibleAssetsThroughAnIncreaseInPayrollAndSocialSecurityLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseInIntangibleAssetsThroughAnIncreaseInPayrollAndSocialSecurityLiabilities" xlink:to="cresud_IncreaseInIntangibleAssetsThroughAnIncreaseInPayrollAndSocialSecurityLiabilities_lbl_585aaa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseInIntangibleAssetsThroughAnIncreaseInPayrollAndSocialSecurityLiabilities_lbl_585aaa" xml:lang="en-US">Increase in intangible assets through an increase in payroll and social security liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseInInvestmentInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherPayables" xlink:label="cresud_DecreaseInInvestmentInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseInInvestmentInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherPayables" xlink:to="cresud_DecreaseInInvestmentInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherPayables_lbl_de0194" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseInInvestmentInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherPayables_lbl_de0194" xml:lang="en-US">Decrease in investment in associates and joint ventures through a decrease in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInNonControllingInterestsInSubsidiaries" xlink:label="cresud_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInNonControllingInterestsInSubsidiaries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInNonControllingInterestsInSubsidiaries" xlink:to="cresud_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInNonControllingInterestsInSubsidiaries_lbl_0c0171" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInNonControllingInterestsInSubsidiaries_lbl_0c0171" xml:lang="en-US">Increase in investments in financial assets through an increase in non-controlling interests in subsidiaries</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInEquity" xlink:label="cresud_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInEquity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInEquity" xlink:to="cresud_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInEquity_lbl_f93765" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInEquity_lbl_f93765" xml:lang="en-US">Increase in derivative financial instruments through a decrease in equity</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInExerciseOfWarrants" xlink:to="cresud_IncreaseDecreaseInExerciseOfWarrants_lbl_72d123" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncreaseDecreaseInExerciseOfWarrants_lbl_72d123" xml:lang="en-US">Exercise of warrants</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInExerciseOfWarrants" xlink:label="cresud_IncreaseDecreaseInExerciseOfWarrants" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInExerciseOfWarrants" xlink:to="cresud_IncreaseDecreaseInExerciseOfWarrants_lbl_45" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInExerciseOfWarrants_lbl_45" xml:lang="en-US">[Exercise of warrants]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreaseDecreaseInShareBasedPaymentReserve" xlink:label="cresud_IncreaseDecreaseInShareBasedPaymentReserve" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreaseDecreaseInShareBasedPaymentReserve" xlink:to="cresud_IncreaseDecreaseInShareBasedPaymentReserve_lbl_1e5afc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreaseDecreaseInShareBasedPaymentReserve_lbl_1e5afc" xml:lang="en-US">Share-based payment reserve</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OrdinarySharesClassAMember" xlink:label="cresud_OrdinarySharesClassAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OrdinarySharesClassAMember" xlink:to="cresud_OrdinarySharesClassAMember_lbl_20833f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OrdinarySharesClassAMember_lbl_20833f" xml:lang="en-US">Ordinary share [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TreasuryStocksSharesMember" xlink:label="cresud_TreasuryStocksSharesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TreasuryStocksSharesMember" xlink:to="cresud_TreasuryStocksSharesMember_lbl_f1e480" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TreasuryStocksSharesMember_lbl_f1e480" xml:lang="en-US">Treasury Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendInKindShares" xlink:label="cresud_DividendInKindShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendInKindShares" xlink:to="cresud_DividendInKindShares_lbl_e8e0c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendInKindShares_lbl_e8e0c7" xml:lang="en-US">Dividend in kind</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NominalValuePerShare" xlink:label="cresud_NominalValuePerShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NominalValuePerShare" xlink:to="cresud_NominalValuePerShare_lbl_4e56e4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NominalValuePerShare_lbl_4e56e4" xml:lang="en-US">Nominal value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConversionDescription" xlink:label="cresud_ConversionDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConversionDescription" xlink:to="cresud_ConversionDescription_lbl_8ba880" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConversionDescription_lbl_8ba880" xml:lang="en-US">Conversion description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_StockValue" xlink:label="cresud_StockValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_StockValue" xlink:to="cresud_StockValue_lbl_d8711a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_StockValue_lbl_d8711a" xml:lang="en-US">Share value</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendPayables" xlink:label="ifrs-full_DividendPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendPayables" xlink:to="ifrs-full_DividendPayables_lbl_cabe66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendPayables_lbl_cabe66" xml:lang="en-US">Dividend payable in cash</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_lbl_8dea84" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_lbl_8dea84" xml:lang="en-US">Cash Dividends Paid on Common Stock</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashDividend" xlink:label="cresud_CashDividend" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashDividend" xlink:to="cresud_CashDividend_lbl_d55eb8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashDividend_lbl_d55eb8" xml:lang="en-US">Cash dividend</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PaymentOfDividends" xlink:label="cresud_PaymentOfDividends" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PaymentOfDividends" xlink:to="cresud_PaymentOfDividends_lbl_4a88c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PaymentOfDividends_lbl_4a88c7" xml:lang="en-US">Payment of dividends</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DistributionOfCashDividend" xlink:label="cresud_DistributionOfCashDividend" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DistributionOfCashDividend" xlink:to="cresud_DistributionOfCashDividend_lbl_be9d29" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DistributionOfCashDividend_lbl_be9d29" xml:lang="en-US">Distribution of cash dividend</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RemainingDistributionOfCashDividend" xlink:label="cresud_RemainingDistributionOfCashDividend" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RemainingDistributionOfCashDividend" xlink:to="cresud_RemainingDistributionOfCashDividend_lbl_6ff5da" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RemainingDistributionOfCashDividend_lbl_6ff5da" xml:lang="en-US">Remaining distribution of cash dividend</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NumberOfOrdinarySharesOwned" xlink:label="cresud_NumberOfOrdinarySharesOwned" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NumberOfOrdinarySharesOwned" xlink:to="cresud_NumberOfOrdinarySharesOwned_lbl_5d0769" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NumberOfOrdinarySharesOwned_lbl_5d0769" xml:lang="en-US">Number of ordinary shares owned</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OrdinaryShareCapital" xlink:label="cresud_OrdinaryShareCapital" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OrdinaryShareCapital" xlink:to="cresud_OrdinaryShareCapital_lbl_66008b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OrdinaryShareCapital_lbl_66008b" xml:lang="en-US">Ordinary share capital</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonSharesAcquisitionValue" xlink:label="cresud_CommonSharesAcquisitionValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonSharesAcquisitionValue" xlink:to="cresud_CommonSharesAcquisitionValue_lbl_5ac7f2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonSharesAcquisitionValue_lbl_5ac7f2" xml:lang="en-US">Common shares acquisition value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonSharesAcquisitionPricePerShare" xlink:label="cresud_CommonSharesAcquisitionPricePerShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonSharesAcquisitionPricePerShare" xlink:to="cresud_CommonSharesAcquisitionPricePerShare_lbl_387f24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonSharesAcquisitionPricePerShare_lbl_387f24" xml:lang="en-US">Common shares acquisition price per share</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonSharesAcquired" xlink:label="cresud_CommonSharesAcquired" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonSharesAcquired" xlink:to="cresud_CommonSharesAcquired_lbl_4a95f4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonSharesAcquired_lbl_4a95f4" xml:lang="en-US">Common shares acquired</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonSharesAcquisitionPercentageRate" xlink:label="cresud_CommonSharesAcquisitionPercentageRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonSharesAcquisitionPercentageRate" xlink:to="cresud_CommonSharesAcquisitionPercentageRate_lbl_4ce62a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonSharesAcquisitionPercentageRate_lbl_4ce62a" xml:lang="en-US">Common shares acquisition percentage rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareCapitalPercentage" xlink:label="cresud_ShareCapitalPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareCapitalPercentage" xlink:to="cresud_ShareCapitalPercentage_lbl_cacf55" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareCapitalPercentage_lbl_cacf55" xml:lang="en-US">Share capital percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SpecialReserve" xlink:label="cresud_SpecialReserve" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SpecialReserve" xlink:to="cresud_SpecialReserve_lbl_c3ddef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SpecialReserve_lbl_c3ddef" xml:lang="en-US">Special reserve</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalReserve" xlink:label="cresud_LegalReserve" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalReserve" xlink:to="cresud_LegalReserve_lbl_c7b7a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalReserve_lbl_c7b7a9" xml:lang="en-US">Legal reserve</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TreasurySharesDistributedToTheShareholders" xlink:label="cresud_TreasurySharesDistributedToTheShareholders" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TreasurySharesDistributedToTheShareholders" xlink:to="cresud_TreasurySharesDistributedToTheShareholders_lbl_07c979" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TreasurySharesDistributedToTheShareholders_lbl_07c979" xml:lang="en-US">Treasury shares distributed to the shareholders</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OrdinaryShareNominalValuePerShare" xlink:label="cresud_OrdinaryShareNominalValuePerShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OrdinaryShareNominalValuePerShare" xlink:to="cresud_OrdinaryShareNominalValuePerShare_lbl_bdef6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OrdinaryShareNominalValuePerShare_lbl_bdef6f" xml:lang="en-US">Ordinary share, nominal value</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AverageVolumeOfSharesPercentage" xlink:label="cresud_AverageVolumeOfSharesPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AverageVolumeOfSharesPercentage" xlink:to="cresud_AverageVolumeOfSharesPercentage_lbl_455a03" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AverageVolumeOfSharesPercentage_lbl_455a03" xml:lang="en-US">Average volume</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BuybackShare" xlink:label="cresud_BuybackShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BuybackShare" xlink:to="cresud_BuybackShare_lbl_6c7593" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BuybackShare_lbl_6c7593" xml:lang="en-US">Buyback shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProfitOfLegalReservePercentage" xlink:label="cresud_ProfitOfLegalReservePercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProfitOfLegalReservePercentage" xlink:to="cresud_ProfitOfLegalReservePercentage_lbl_a829bf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProfitOfLegalReservePercentage_lbl_a829bf" xml:lang="en-US">Profit of legal reserve, percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalReservePercentage" xlink:label="cresud_LegalReservePercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalReservePercentage" xlink:to="cresud_LegalReservePercentage_lbl_4c65ba" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalReservePercentage_lbl_4c65ba" xml:lang="en-US">Total capital of legal reserve, percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PublicOfferingShares" xlink:label="cresud_PublicOfferingShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PublicOfferingShares" xlink:to="cresud_PublicOfferingShares_lbl_05435d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PublicOfferingShares_lbl_05435d" xml:lang="en-US">Public offering shares</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssuedAndFullyPaid" xlink:to="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl_578dc4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesIssuedAndFullyPaid_lbl_578dc4" xml:lang="en-US">Common shares issued</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PreEmptiveRightAmountNewShares" xlink:label="cresud_PreEmptiveRightAmountNewShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PreEmptiveRightAmountNewShares" xlink:to="cresud_PreEmptiveRightAmountNewShares_lbl_0a2b84" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PreEmptiveRightAmountNewShares_lbl_0a2b84" xml:lang="en-US">Pre-emptive right amount, new shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SharesOfferedPercentage" xlink:label="cresud_SharesOfferedPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SharesOfferedPercentage" xlink:to="cresud_SharesOfferedPercentage_lbl_4f2289" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SharesOfferedPercentage_lbl_4f2289" xml:lang="en-US">Shares offered percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmericanDepositaryShares" xlink:label="cresud_AmericanDepositaryShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmericanDepositaryShares" xlink:to="cresud_AmericanDepositaryShares_lbl_f63dc5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmericanDepositaryShares_lbl_f63dc5" xml:lang="en-US">American depositary shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubscriptionPricePerShares" xlink:label="cresud_SubscriptionPricePerShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubscriptionPricePerShares" xlink:to="cresud_SubscriptionPricePerShares_lbl_e5382c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubscriptionPricePerShares_lbl_e5382c" xml:lang="en-US">Subscription price per shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RightToAccrueAdditionalNewShares" xlink:label="cresud_RightToAccrueAdditionalNewShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RightToAccrueAdditionalNewShares" xlink:to="cresud_RightToAccrueAdditionalNewShares_lbl_5f8c60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RightToAccrueAdditionalNewShares_lbl_5f8c60" xml:lang="en-US">Right to accrue additional new shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SharesWereIssuedNew" xlink:label="cresud_SharesWereIssuedNew" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SharesWereIssuedNew" xlink:to="cresud_SharesWereIssuedNew_lbl_1de51f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SharesWereIssuedNew_lbl_1de51f" xml:lang="en-US">Shares were issued, new</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ExerciseAcquireNewShares" xlink:label="cresud_ExerciseAcquireNewShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ExerciseAcquireNewShares" xlink:to="cresud_ExerciseAcquireNewShares_lbl_0a49ad" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ExerciseAcquireNewShares_lbl_0a49ad" xml:lang="en-US">Exercise acquire new shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MaturityOfShares" xlink:label="cresud_MaturityOfShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MaturityOfShares" xlink:to="cresud_MaturityOfShares_lbl_635ea8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MaturityOfShares_lbl_635ea8" xml:lang="en-US">Maturity of shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FundsRecievedOfShares" xlink:label="cresud_FundsRecievedOfShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FundsRecievedOfShares" xlink:to="cresud_FundsRecievedOfShares_lbl_aa07c2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FundsRecievedOfShares_lbl_aa07c2" xml:lang="en-US">Funds recieved of shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IssuanceExpense" xlink:label="cresud_IssuanceExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IssuanceExpense" xlink:to="cresud_IssuanceExpense_lbl_aea6b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IssuanceExpense_lbl_aea6b9" xml:lang="en-US">Issuance expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncreasingCapitalStockShares" xlink:label="cresud_IncreasingCapitalStockShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncreasingCapitalStockShares" xlink:to="cresud_IncreasingCapitalStockShares_lbl_1f9fb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncreasingCapitalStockShares_lbl_1f9fb1" xml:lang="en-US">Increasing capital stock shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradePayables" xlink:label="cresud_TradePayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradePayables" xlink:to="cresud_TradePayables_lbl_3aa684" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradePayables_lbl_3aa684" xml:lang="en-US">Trade payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradePayablesAdvancesFromSalesLeasesAndServices" xlink:label="cresud_TradePayablesAdvancesFromSalesLeasesAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradePayablesAdvancesFromSalesLeasesAndServices" xlink:to="cresud_TradePayablesAdvancesFromSalesLeasesAndServices_lbl_f95afe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradePayablesAdvancesFromSalesLeasesAndServices_lbl_f95afe" xml:lang="en-US">Advances from sales, leases and services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradePayablesAccruedInvoices" xlink:label="cresud_TradePayablesAccruedInvoices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradePayablesAccruedInvoices" xlink:to="cresud_TradePayablesAccruedInvoices_lbl_6c93b4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradePayablesAccruedInvoices_lbl_6c93b4" xml:lang="en-US">Accrued invoices</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradePayablesDeferredIncomes" xlink:label="cresud_TradePayablesDeferredIncomes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradePayablesDeferredIncomes" xlink:to="cresud_TradePayablesDeferredIncomes_lbl_b06df9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradePayablesDeferredIncomes_lbl_b06df9" xml:lang="en-US">Deferred incomes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradePayablesAdmissionFees" xlink:label="cresud_TradePayablesAdmissionFees" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradePayablesAdmissionFees" xlink:to="cresud_TradePayablesAdmissionFees_lbl_6295f3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradePayablesAdmissionFees_lbl_6295f3" xml:lang="en-US">Admission fees</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermDeposits" xlink:label="ifrs-full_LongtermDeposits" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermDeposits" xlink:to="ifrs-full_LongtermDeposits_lbl_641176" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermDeposits_lbl_641176" xml:lang="en-US">Deposits in guarantee</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl_b71611" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl_b71611" xml:lang="en-US">Total trade payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherPayablesDividendsPayableToNonControllingShareholders" xlink:label="cresud_OtherPayablesDividendsPayableToNonControllingShareholders" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherPayablesDividendsPayableToNonControllingShareholders" xlink:to="cresud_OtherPayablesDividendsPayableToNonControllingShareholders_lbl_840895" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherPayablesDividendsPayableToNonControllingShareholders_lbl_840895" xml:lang="en-US">Dividends payable to non-controlling shareholders</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherPayablesTaxesPayable" xlink:label="cresud_OtherPayablesTaxesPayable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherPayablesTaxesPayable" xlink:to="cresud_OtherPayablesTaxesPayable_lbl_d52ece" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherPayablesTaxesPayable_lbl_d52ece" xml:lang="en-US">Taxes payable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherPayablesDirectorsFee" xlink:label="cresud_OtherPayablesDirectorsFee" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherPayablesDirectorsFee" xlink:to="cresud_OtherPayablesDirectorsFee_lbl_9f1cb3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherPayablesDirectorsFee_lbl_9f1cb3" xml:lang="en-US">Director's fees</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherPayablesManagementFeeExpense" xlink:to="cresud_OtherPayablesManagementFeeExpense_lbl_ba4b07" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherPayablesManagementFeeExpense_lbl_ba4b07" xml:lang="en-US">Management fees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherPayablesManagementFeeExpense" xlink:label="cresud_OtherPayablesManagementFeeExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherPayablesManagementFeeExpense" xlink:to="cresud_OtherPayablesManagementFeeExpense_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherPayablesManagementFeeExpense_lbl_12" xml:lang="en-US">[Management fees 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPayables" xlink:to="ifrs-full_OtherPayables_lbl_ab44fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherPayables_lbl_ab44fd" xml:lang="en-US">Others</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherPayables" xlink:label="ifrs-full_OtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPayables" xlink:to="ifrs-full_OtherPayables_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPayables_lbl_13" xml:lang="en-US">[Other payables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_lbl_945215" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentPayables_lbl_945215" xml:lang="en-US">Non-current</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPayables" xlink:label="ifrs-full_NoncurrentPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_lbl_15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentPayables_lbl_15" xml:lang="en-US">[Trade and other non-current payables]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl_4fe0f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl_4fe0f5" xml:lang="en-US">Current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOthersPayablesNet" xlink:to="cresud_TradeAndOthersPayablesNet_lbl_0cb17f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOthersPayablesNet_lbl_0cb17f" xml:lang="en-US">Total</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOthersPayablesNet" xlink:label="cresud_TradeAndOthersPayablesNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOthersPayablesNet" xlink:to="cresud_TradeAndOthersPayablesNet_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOthersPayablesNet_lbl_17" xml:lang="en-US">[Total 4]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ifrs-full_ClassesOfProvisionsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl_ea48ed" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl_ea48ed" xml:lang="en-US">Classes of other provisions [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalClaimsMember" xlink:label="cresud_LegalClaimsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalClaimsMember" xlink:to="cresud_LegalClaimsMember_lbl_75980c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalClaimsMember_lbl_75980c" xml:lang="en-US">Legal Claims [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInAssociatesAndJointVentures1Member" xlink:label="cresud_InvestmentsInAssociatesAndJointVentures1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInAssociatesAndJointVentures1Member" xlink:to="cresud_InvestmentsInAssociatesAndJointVentures1Member_lbl_e43426" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInAssociatesAndJointVentures1Member_lbl_e43426" xml:lang="en-US">Investments In Associates And Joint Ventures [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl_29e448" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_OtherProvisions_lbl_29e448" xml:lang="en-US">Provisions beginning, balance</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherProvisions" xlink:label="ifrs-full_OtherProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherProvisions_lbl_2" xml:lang="en-US">[Other provisions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl_579794" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl_579794" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalProvisionsOtherProvisions" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl_3" xml:lang="en-US">[Additional provisions, other provisions]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:label="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_lbl_fa8413" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_lbl_fa8413" xml:lang="en-US">Decreases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ParticipationInTheResultsOfProvisions" xlink:label="cresud_ParticipationInTheResultsOfProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ParticipationInTheResultsOfProvisions" xlink:to="cresud_ParticipationInTheResultsOfProvisions_lbl_8c41b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ParticipationInTheResultsOfProvisions_lbl_8c41b9" xml:lang="en-US">Participation in the results</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsOfInflation" xlink:to="cresud_AdjustmentsOfInflation_lbl_6b3f05" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AdjustmentsOfInflation_lbl_6b3f05" xml:lang="en-US">Inflation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsOfInflation" xlink:label="cresud_AdjustmentsOfInflation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsOfInflation" xlink:to="cresud_AdjustmentsOfInflation_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsOfInflation_lbl_6" xml:lang="en-US">[Inflation adjustment 2]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl_d41cb7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl_d41cb7" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl_7" xml:lang="en-US">[Increase (decrease) through net exchange differences, other provisions]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProvisionIncorporationByBusinessCombination" xlink:to="cresud_ProvisionIncorporationByBusinessCombination_lbl_4e3f8f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ProvisionIncorporationByBusinessCombination_lbl_4e3f8f" xml:lang="en-US">Incorporation by business combination</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProvisionIncorporationByBusinessCombination" xlink:label="cresud_ProvisionIncorporationByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProvisionIncorporationByBusinessCombination" xlink:to="cresud_ProvisionIncorporationByBusinessCombination_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProvisionIncorporationByBusinessCombination_lbl_8" xml:lang="en-US">[Incorporation by business combination 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UsedDuringPeriodYear" xlink:to="cresud_UsedDuringPeriodYear_lbl_305851" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_UsedDuringPeriodYear_lbl_305851" xml:lang="en-US">Used during the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UsedDuringPeriodYear" xlink:label="cresud_UsedDuringPeriodYear" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UsedDuringPeriodYear" xlink:to="cresud_UsedDuringPeriodYear_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UsedDuringPeriodYear_lbl_9" xml:lang="en-US">[Used during the year 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl_452f89" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_OtherProvisions_lbl_452f89" xml:lang="en-US">Provisions ending, balance</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl_321627" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentProvisions_lbl_321627" xml:lang="en-US">Non-current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl_2eb721" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentProvisions_lbl_2eb721" xml:lang="en-US">Current</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl_5a6f02" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Provisions_lbl_5a6f02" xml:lang="en-US">Provisions amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Expenses" xlink:label="cresud_Expenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Expenses" xlink:to="cresud_Expenses_lbl_a173f7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Expenses_lbl_a173f7" xml:lang="en-US">Expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtFairValueMember" xlink:label="ifrs-full_AtFairValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl_e371e7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AtFairValueMember_lbl_e371e7" xml:lang="en-US">At Fair Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherBorrowingsMember" xlink:label="cresud_OtherBorrowingsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherBorrowingsMember" xlink:to="cresud_OtherBorrowingsMember_lbl_d2ca67" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherBorrowingsMember_lbl_d2ca67" xml:lang="en-US">Other Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NonConvertibleNotesAtFairValueMember" xlink:label="cresud_NonConvertibleNotesAtFairValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonConvertibleNotesAtFairValueMember" xlink:to="cresud_NonConvertibleNotesAtFairValueMember_lbl_e0fb2c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NonConvertibleNotesAtFairValueMember_lbl_e0fb2c" xml:lang="en-US">Non Convertible Notes At Fair Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankLoandAndOthersAtFairValueMember" xlink:label="cresud_BankLoandAndOthersAtFairValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankLoandAndOthersAtFairValueMember" xlink:to="cresud_BankLoandAndOthersAtFairValueMember_lbl_6734fb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankLoandAndOthersAtFairValueMember_lbl_6734fb" xml:lang="en-US">Bank Loans And Others At Fair Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankOverdraftsAtFairValueMember" xlink:label="cresud_BankOverdraftsAtFairValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankOverdraftsAtFairValueMember" xlink:to="cresud_BankOverdraftsAtFairValueMember_lbl_ad6d10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankOverdraftsAtFairValueMember_lbl_ad6d10" xml:lang="en-US">Bank Overdraft At Fair Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AtBookValueMember" xlink:label="cresud_AtBookValueMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AtBookValueMember" xlink:to="cresud_AtBookValueMember_lbl_2c09d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AtBookValueMember_lbl_2c09d9" xml:lang="en-US">At Book Value [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NonConvertibleNoteMember" xlink:label="cresud_NonConvertibleNoteMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonConvertibleNoteMember" xlink:to="cresud_NonConvertibleNoteMember_lbl_1f4da0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NonConvertibleNoteMember_lbl_1f4da0" xml:lang="en-US">NCN [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankLoansAndOthersMember" xlink:label="cresud_BankLoansAndOthersMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankLoansAndOthersMember" xlink:to="cresud_BankLoansAndOthersMember_lbl_36d35a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankLoansAndOthersMember_lbl_36d35a" xml:lang="en-US">Bank Loans And Others [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankOverdrafts1Member" xlink:label="cresud_BankOverdrafts1Member" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankOverdrafts1Member" xlink:to="cresud_BankOverdrafts1Member_lbl_734b6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankOverdrafts1Member_lbl_734b6f" xml:lang="en-US">Bank Overdrafts [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl_13422f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LongtermBorrowings_lbl_13422f" xml:lang="en-US">Total non-current borrowings</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl_63dc96" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShorttermBorrowings_lbl_63dc96" xml:lang="en-US">Current Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalBorrowings" xlink:label="cresud_TotalBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBorrowings" xlink:to="cresud_TotalBorrowings_lbl_c300a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalBorrowings_lbl_c300a1" xml:lang="en-US">Total borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl_7eb823" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl_7eb823" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_MoreThanFiveYearsMember" xlink:label="cresud_MoreThanFiveYearsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MoreThanFiveYearsMember" xlink:to="cresud_MoreThanFiveYearsMember_lbl_8f9ca2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_MoreThanFiveYearsMember_lbl_8f9ca2" xml:lang="en-US">More Than 5 Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaterThanThreeYearsAndNotLaterThanFourYearMember" xlink:label="cresud_LaterThanThreeYearsAndNotLaterThanFourYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaterThanThreeYearsAndNotLaterThanFourYearMember" xlink:to="cresud_LaterThanThreeYearsAndNotLaterThanFourYearMember_lbl_62aa1d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaterThanThreeYearsAndNotLaterThanFourYearMember_lbl_62aa1d" xml:lang="en-US">Between 3 And 4 Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaterThanFourYearsAndNotLaterThanFiveYearMember" xlink:label="cresud_LaterThanFourYearsAndNotLaterThanFiveYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaterThanFourYearsAndNotLaterThanFiveYearMember" xlink:to="cresud_LaterThanFourYearsAndNotLaterThanFiveYearMember_lbl_32631c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaterThanFourYearsAndNotLaterThanFiveYearMember_lbl_32631c" xml:lang="en-US">Between 4 And 5 Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestPayable" xlink:label="ifrs-full_InterestPayable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl_6208ac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPayable_lbl_6208ac" xml:lang="en-US">Do not accrue interest</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalPrincipal" xlink:to="cresud_TotalPrincipal_lbl_e0d6d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalPrincipal_lbl_e0d6d9" xml:lang="en-US">Principal</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalPrincipal" xlink:label="cresud_TotalPrincipal" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalPrincipal" xlink:to="cresud_TotalPrincipal_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalPrincipal_lbl_3" xml:lang="en-US">[Principal]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Principal" xlink:label="cresud_Principal" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Principal" xlink:to="cresud_Principal_lbl_bb043b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Principal_lbl_bb043b" xml:lang="en-US">Principal</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBorrowings" xlink:to="cresud_TotalBorrowings_lbl_146872" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalBorrowings_lbl_146872" xml:lang="en-US">Total Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BalanceAtTheBeginningOfTheYearBeginning" xlink:label="cresud_BalanceAtTheBeginningOfTheYearBeginning" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BalanceAtTheBeginningOfTheYearBeginning" xlink:to="cresud_BalanceAtTheBeginningOfTheYearBeginning_lbl_b6fb8c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BalanceAtTheBeginningOfTheYearBeginning_lbl_b6fb8c" xml:lang="en-US">Balance at the beginning of the year, Beginning</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl_6b550a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl_6b550a" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl_3" xml:lang="en-US">[Proceeds from borrowings, classified as financing activities]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl_ae0685" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl_ae0685" xml:lang="en-US">Payment of borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl_4" xml:lang="en-US">[Repayments of borrowings, classified as financing activities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfCurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfCurrentBorrowings_lbl_f5ba42" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings_lbl_f5ba42" xml:lang="en-US">Collection / (Payment) of short term loans, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsIncorporationByBusinessCombination" xlink:to="cresud_BorrowingsIncorporationByBusinessCombination_lbl_a907a0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BorrowingsIncorporationByBusinessCombination_lbl_a907a0" xml:lang="en-US">Incorporation by business combination (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingsIncorporationByBusinessCombination" xlink:label="cresud_BorrowingsIncorporationByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsIncorporationByBusinessCombination" xlink:to="cresud_BorrowingsIncorporationByBusinessCombination_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingsIncorporationByBusinessCombination_lbl_6" xml:lang="en-US">[Incorporation by business combination (i)]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestPaidNetClassifiedAsFinancingActivities" xlink:to="cresud_InterestPaidNetClassifiedAsFinancingActivities_lbl_9ed80f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_InterestPaidNetClassifiedAsFinancingActivities_lbl_9ed80f" xml:lang="en-US">Interests paid</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterestPaidNetClassifiedAsFinancingActivities" xlink:label="cresud_InterestPaidNetClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestPaidNetClassifiedAsFinancingActivities" xlink:to="cresud_InterestPaidNetClassifiedAsFinancingActivities_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterestPaidNetClassifiedAsFinancingActivities_lbl_7" xml:lang="en-US">[Interests paid]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AccuredInterestClassifiedAsFinancingActivities" xlink:label="cresud_AccuredInterestClassifiedAsFinancingActivities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccuredInterestClassifiedAsFinancingActivities" xlink:to="cresud_AccuredInterestClassifiedAsFinancingActivities_lbl_9ab977" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AccuredInterestClassifiedAsFinancingActivities_lbl_9ab977" xml:lang="en-US">Accrued interests</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrencyTranslationAdjustmentAndExchangeDifferencesNet" xlink:label="cresud_CurrencyTranslationAdjustmentAndExchangeDifferencesNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustmentAndExchangeDifferencesNet" xlink:to="cresud_CurrencyTranslationAdjustmentAndExchangeDifferencesNet_lbl_af8c63" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrencyTranslationAdjustmentAndExchangeDifferencesNet_lbl_af8c63" xml:lang="en-US">Currency translation adjustment and exchange differences, net</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationsAdjustment" xlink:to="cresud_InflationsAdjustment_lbl_4e0b5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InflationsAdjustment_lbl_4e0b5e" xml:lang="en-US">Inflation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InflationsAdjustment" xlink:label="cresud_InflationsAdjustment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationsAdjustment" xlink:to="cresud_InflationsAdjustment_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InflationsAdjustment_lbl_10" xml:lang="en-US">[Inflation adjustment 3]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReclassificationsAndOtherMovements" xlink:label="cresud_ReclassificationsAndOtherMovements" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReclassificationsAndOtherMovements" xlink:to="cresud_ReclassificationsAndOtherMovements_lbl_3834d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReclassificationsAndOtherMovements_lbl_3834d9" xml:lang="en-US">Reclassifications and other movements</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BalanceAtTheEndOfTheYearEnding" xlink:label="cresud_BalanceAtTheEndOfTheYearEnding" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BalanceAtTheEndOfTheYearEnding" xlink:to="cresud_BalanceAtTheEndOfTheYearEnding_lbl_bcbd5a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BalanceAtTheEndOfTheYearEnding_lbl_bcbd5a" xml:lang="en-US">Balance at the end of the year, Ending</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesAxis" xlink:label="ifrs-full_TypesOfInterestRatesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis_lbl_f5173d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl_f5173d" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinePesoMember" xlink:label="cresud_ArgentinePesoMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinePesoMember" xlink:to="cresud_ArgentinePesoMember_lbl_20c9b5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinePesoMember_lbl_20c9b5" xml:lang="en-US">Argentine Peso [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BrazilianReaisMember" xlink:label="cresud_BrazilianReaisMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BrazilianReaisMember" xlink:to="cresud_BrazilianReaisMember_lbl_5fdca3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BrazilianReaisMember_lbl_5fdca3" xml:lang="en-US">Brazilian Reais [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FloatingInterestRateUruguayanPesolMember" xlink:label="cresud_FloatingInterestRateUruguayanPesolMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FloatingInterestRateUruguayanPesolMember" xlink:to="cresud_FloatingInterestRateUruguayanPesolMember_lbl_5c6e47" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FloatingInterestRateUruguayanPesolMember_lbl_5c6e47" xml:lang="en-US">Uruguayan Peso [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FixedRateAbstract" xlink:label="cresud_FixedRateAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FixedRateAbstract" xlink:to="cresud_FixedRateAbstract_lbl_567191" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FixedRateAbstract_lbl_567191" xml:lang="en-US">Fixed rate:</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingFixedRateAmountOfArgentinePeso" xlink:label="cresud_BorrowingFixedRateAmountOfArgentinePeso" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingFixedRateAmountOfArgentinePeso" xlink:to="cresud_BorrowingFixedRateAmountOfArgentinePeso_lbl_e73711" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingFixedRateAmountOfArgentinePeso_lbl_e73711" xml:lang="en-US">Fixed rate, Argentine Peso</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingFixedRateAmountOfBrazilianReais" xlink:label="cresud_BorrowingFixedRateAmountOfBrazilianReais" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingFixedRateAmountOfBrazilianReais" xlink:to="cresud_BorrowingFixedRateAmountOfBrazilianReais_lbl_8f5163" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingFixedRateAmountOfBrazilianReais_lbl_8f5163" xml:lang="en-US">Fixed rate, Brazilian Reais</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingFixedRateAmountOfUnitedStates" xlink:label="cresud_BorrowingFixedRateAmountOfUnitedStates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingFixedRateAmountOfUnitedStates" xlink:to="cresud_BorrowingFixedRateAmountOfUnitedStates_lbl_3bdce3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingFixedRateAmountOfUnitedStates_lbl_3bdce3" xml:lang="en-US">Fixed rate, US Dollar</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubtotalFixedRateBorrowings" xlink:label="cresud_SubtotalFixedRateBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubtotalFixedRateBorrowings" xlink:to="cresud_SubtotalFixedRateBorrowings_lbl_3dcc22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubtotalFixedRateBorrowings_lbl_3dcc22" xml:lang="en-US">Subtotal fixed-rate borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FloatingRateAbstract" xlink:label="cresud_FloatingRateAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FloatingRateAbstract" xlink:to="cresud_FloatingRateAbstract_lbl_c34147" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FloatingRateAbstract_lbl_c34147" xml:lang="en-US">Floating rate:</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingFloatingRateAmountOfBrazilianReais" xlink:label="cresud_BorrowingFloatingRateAmountOfBrazilianReais" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingFloatingRateAmountOfBrazilianReais" xlink:to="cresud_BorrowingFloatingRateAmountOfBrazilianReais_lbl_ae3111" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingFloatingRateAmountOfBrazilianReais_lbl_ae3111" xml:lang="en-US">Floating rate, Brazilian Reais</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingFloatingRateAmountOfUSDollar" xlink:label="cresud_BorrowingFloatingRateAmountOfUSDollar" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingFloatingRateAmountOfUSDollar" xlink:to="cresud_BorrowingFloatingRateAmountOfUSDollar_lbl_287a8e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingFloatingRateAmountOfUSDollar_lbl_287a8e" xml:lang="en-US">Floating rate, US Dollar</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubtotalFloatingRateBorrowings" xlink:label="cresud_SubtotalFloatingRateBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubtotalFloatingRateBorrowings" xlink:to="cresud_SubtotalFloatingRateBorrowings_lbl_4d3b56" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubtotalFloatingRateBorrowings_lbl_4d3b56" xml:lang="en-US">Subtotal floating rate borrowings</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBorrowingsAsPerAnalysis" xlink:to="cresud_TotalBorrowingsAsPerAnalysis_lbl_e1153e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TotalBorrowingsAsPerAnalysis_lbl_e1153e" xml:lang="en-US">Total borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalBorrowingsAsPerAnalysis" xlink:label="cresud_TotalBorrowingsAsPerAnalysis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalBorrowingsAsPerAnalysis" xlink:to="cresud_TotalBorrowingsAsPerAnalysis_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalBorrowingsAsPerAnalysis_lbl_11" xml:lang="en-US">[Total borrowings]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudFiveMember" xlink:label="cresud_CresudFiveMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudFiveMember" xlink:to="cresud_CresudFiveMember_lbl_4024c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudFiveMember_lbl_4024c7" xml:lang="en-US">Cresud 5 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudSevenMember" xlink:label="cresud_CresudSevenMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudSevenMember" xlink:to="cresud_CresudSevenMember_lbl_d24071" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudSevenMember_lbl_d24071" xml:lang="en-US">Cresud 7 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudSixMember" xlink:label="cresud_CresudSixMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudSixMember" xlink:to="cresud_CresudSixMember_lbl_c02992" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudSixMember_lbl_c02992" xml:lang="en-US">Cresud 6 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FyOOneMember" xlink:label="cresud_FyOOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FyOOneMember" xlink:to="cresud_FyOOneMember_lbl_d4cfa4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FyOOneMember_lbl_d4cfa4" xml:lang="en-US">FyO 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSATwoMember" xlink:label="cresud_IRSATwoMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSATwoMember" xlink:to="cresud_IRSATwoMember_lbl_5cbe8c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSATwoMember_lbl_5cbe8c" xml:lang="en-US">IRSA 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSAOneMember" xlink:label="cresud_IRSAOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSAOneMember" xlink:to="cresud_IRSAOneMember_lbl_bec53b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSAOneMember_lbl_bec53b" xml:lang="en-US">IRSA 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IRSAThreeMember" xlink:label="cresud_IRSAThreeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IRSAThreeMember" xlink:to="cresud_IRSAThreeMember_lbl_e97ce1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IRSAThreeMember_lbl_e97ce1" xml:lang="en-US">IRSA 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudTwoMember" xlink:label="cresud_CresudTwoMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudTwoMember" xlink:to="cresud_CresudTwoMember_lbl_24a10f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudTwoMember_lbl_24a10f" xml:lang="en-US">Cresud 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudOneMember" xlink:label="cresud_CresudOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudOneMember" xlink:to="cresud_CresudOneMember_lbl_858b11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudOneMember_lbl_858b11" xml:lang="en-US">Cresud 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudFourMember" xlink:label="cresud_CresudFourMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudFourMember" xlink:to="cresud_CresudFourMember_lbl_30d7cf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudFourMember_lbl_30d7cf" xml:lang="en-US">Cresud 4 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CresudThreeMember" xlink:label="cresud_CresudThreeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CresudThreeMember" xlink:to="cresud_CresudThreeMember_lbl_673463" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CresudThreeMember_lbl_673463" xml:lang="en-US">Cresud 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CRESUDMember" xlink:label="cresud_CRESUDMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CRESUDMember" xlink:to="cresud_CRESUDMember_lbl_802bb2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CRESUDMember_lbl_802bb2" xml:lang="en-US">CRESUD [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FyoMember" xlink:label="cresud_FyoMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FyoMember" xlink:to="cresud_FyoMember_lbl_47fa8e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FyoMember_lbl_47fa8e" xml:lang="en-US">FyO [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IssuanceExpansionDate" xlink:label="cresud_IssuanceExpansionDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IssuanceExpansionDate" xlink:to="cresud_IssuanceExpansionDate_lbl_969491" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IssuanceExpansionDate_lbl_969491" xml:lang="en-US">Issuance / expansion date</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DebtMaturityDate" xlink:label="cresud_DebtMaturityDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DebtMaturityDate" xlink:to="cresud_DebtMaturityDate_lbl_2f5755" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DebtMaturityDate_lbl_2f5755" xml:lang="en-US">Maturity date</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl_953740" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl_953740" xml:lang="en-US">Amount in original currency</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingInterestRate" xlink:label="cresud_BorrowingInterestRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingInterestRate" xlink:to="cresud_BorrowingInterestRate_lbl_5289da" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingInterestRate_lbl_5289da" xml:lang="en-US">Interest rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PrincipalPayment" xlink:label="cresud_PrincipalPayment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PrincipalPayment" xlink:to="cresud_PrincipalPayment_lbl_8bce6a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PrincipalPayment_lbl_8bce6a" xml:lang="en-US">Principal payment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingInterestPayment" xlink:label="cresud_BorrowingInterestPayment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingInterestPayment" xlink:to="cresud_BorrowingInterestPayment_lbl_b4e7f4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingInterestPayment_lbl_b4e7f4" xml:lang="en-US">Interest payment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingClass" xlink:to="cresud_BorrowingClass_lbl_6a91d4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BorrowingClass_lbl_6a91d4" xml:lang="en-US">Class</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingClass" xlink:label="cresud_BorrowingClass" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingClass" xlink:to="cresud_BorrowingClass_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingClass_lbl_8" xml:lang="en-US">[Class]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Class" xlink:label="cresud_Class" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Class" xlink:to="cresud_Class_lbl_3782b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Class_lbl_3782b7" xml:lang="en-US">Class</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfContingentLiabilitiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfContingentLiabilitiesAxis_lbl_359a84" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfContingentLiabilitiesAxis_lbl_359a84" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesLNotesCresudMember" xlink:label="cresud_SeriesLNotesCresudMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesLNotesCresudMember" xlink:to="cresud_SeriesLNotesCresudMember_lbl_10c96d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesLNotesCresudMember_lbl_10c96d" xml:lang="en-US">Series L Notes Cresud [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesLAdditionalandSeriesLINotesCresudMember" xlink:label="cresud_SeriesLAdditionalandSeriesLINotesCresudMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesLAdditionalandSeriesLINotesCresudMember" xlink:to="cresud_SeriesLAdditionalandSeriesLINotesCresudMember_lbl_ea3d36" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesLAdditionalandSeriesLINotesCresudMember_lbl_ea3d36" xml:lang="en-US">Series L Additional and Series LI Notes Cresud [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesLIINotesMember" xlink:label="cresud_SeriesLIINotesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesLIINotesMember" xlink:to="cresud_SeriesLIINotesMember_lbl_78624f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesLIINotesMember_lbl_78624f" xml:lang="en-US">Series LII Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesLIIINotesMember" xlink:label="cresud_SeriesLIIINotesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesLIIINotesMember" xlink:to="cresud_SeriesLIIINotesMember_lbl_5e511f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesLIIINotesMember_lbl_5e511f" xml:lang="en-US">Series LIII Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesAMember" xlink:label="cresud_SeriesAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesAMember" xlink:to="cresud_SeriesAMember_lbl_1fdf0c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesAMember_lbl_1fdf0c" xml:lang="en-US">Series A [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesIVClassAandBNotesFyOMember" xlink:label="cresud_SeriesIVClassAandBNotesFyOMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesIVClassAandBNotesFyOMember" xlink:to="cresud_SeriesIVClassAandBNotesFyOMember_lbl_b9e0e9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesIVClassAandBNotesFyOMember_lbl_b9e0e9" xml:lang="en-US">Series IV Class A and B Notes FyO [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesBMember" xlink:label="cresud_SeriesBMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesBMember" xlink:to="cresud_SeriesBMember_lbl_b18151" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesBMember_lbl_b18151" xml:lang="en-US">Series B [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesXXVNotesIssuanceIRSAMember" xlink:label="cresud_SeriesXXVNotesIssuanceIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesXXVNotesIssuanceIRSAMember" xlink:to="cresud_SeriesXXVNotesIssuanceIRSAMember_lbl_ef2396" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesXXVNotesIssuanceIRSAMember_lbl_ef2396" xml:lang="en-US">Series XXV Notes Issuance IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesXXIVNotesIRSAMember" xlink:label="cresud_SeriesXXIVNotesIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesXXIVNotesIRSAMember" xlink:to="cresud_SeriesXXIVNotesIRSAMember_lbl_d06d52" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesXXIVNotesIRSAMember_lbl_d06d52" xml:lang="en-US">Series XXIV Notes IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingsFromCollateralized" xlink:label="cresud_BorrowingsFromCollateralized" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsFromCollateralized" xlink:to="cresud_BorrowingsFromCollateralized_lbl_dbdf60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingsFromCollateralized_lbl_dbdf60" xml:lang="en-US">Total Borrowings from collateralized liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IssuanceDate" xlink:label="cresud_IssuanceDate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IssuanceDate" xlink:to="cresud_IssuanceDate_lbl_7c5e5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IssuanceDate_lbl_7c5e5e" xml:lang="en-US">Issuance date</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ExercisePriceOfOutstandingShareOptionsPercentage" xlink:label="cresud_ExercisePriceOfOutstandingShareOptionsPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ExercisePriceOfOutstandingShareOptionsPercentage" xlink:to="cresud_ExercisePriceOfOutstandingShareOptionsPercentage_lbl_cdfd85" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ExercisePriceOfOutstandingShareOptionsPercentage_lbl_cdfd85" xml:lang="en-US">Issuance prise</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DebtInstrumentsIssuedAtAmortisedCost" xlink:label="ifrs-full_DebtInstrumentsIssuedAtAmortisedCost" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtInstrumentsIssuedAtAmortisedCost" xlink:to="ifrs-full_DebtInstrumentsIssuedAtAmortisedCost_lbl_a1e9b0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DebtInstrumentsIssuedAtAmortisedCost_lbl_a1e9b0" xml:lang="en-US">Debt instrument carrying amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DebtInstrumentsIssuedAtFaceAmount" xlink:label="cresud_DebtInstrumentsIssuedAtFaceAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DebtInstrumentsIssuedAtFaceAmount" xlink:to="cresud_DebtInstrumentsIssuedAtFaceAmount_lbl_a34631" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DebtInstrumentsIssuedAtFaceAmount_lbl_a34631" xml:lang="en-US">Debt instrument face amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AggregatePrincipalAmount" xlink:label="cresud_AggregatePrincipalAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AggregatePrincipalAmount" xlink:to="cresud_AggregatePrincipalAmount_lbl_f29291" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AggregatePrincipalAmount_lbl_f29291" xml:lang="en-US">Aggregate principal amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfSemiAnnualPayments" xlink:label="cresud_DescriptionOfSemiAnnualPayments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfSemiAnnualPayments" xlink:to="cresud_DescriptionOfSemiAnnualPayments_lbl_aea569" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfSemiAnnualPayments_lbl_aea569" xml:lang="en-US">Description of semi annual payments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DebtMaturityDate" xlink:to="cresud_DebtMaturityDate_lbl_df5e1f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DebtMaturityDate_lbl_df5e1f" xml:lang="en-US">Maturity date</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl_7b8eb2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NotionalAmount_lbl_7b8eb2" xml:lang="en-US">Amount in original currency</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InsuranceRevenueOtherOutstandingAmounts" xlink:label="cresud_InsuranceRevenueOtherOutstandingAmounts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InsuranceRevenueOtherOutstandingAmounts" xlink:to="cresud_InsuranceRevenueOtherOutstandingAmounts_lbl_a75307" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InsuranceRevenueOtherOutstandingAmounts_lbl_a75307" xml:lang="en-US">Total outstanding amount</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingInterestRate" xlink:to="cresud_BorrowingInterestRate_lbl_e5fc67" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BorrowingInterestRate_lbl_e5fc67" xml:lang="en-US">Interest rate</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl_b1d9fa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BorrowingsInterestRate_lbl_b1d9fa" xml:lang="en-US">Interest rate</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="ifrs-full_BorrowingsInterestRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsInterestRate_lbl_14" xml:lang="en-US">[Borrowings, interest rate]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrentTaxExpenseIncome1" xlink:label="cresud_CurrentTaxExpenseIncome1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrentTaxExpenseIncome1" xlink:to="cresud_CurrentTaxExpenseIncome1_lbl_a944f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrentTaxExpenseIncome1_lbl_a944f5" xml:lang="en-US">Current income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="ifrs-full_DeferredTaxExpenseIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome_lbl_7ce45b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncome_lbl_7ce45b" xml:lang="en-US">Deferred income tax</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxes" xlink:to="cresud_IncomeTaxes_lbl_c203a7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncomeTaxes_lbl_c203a7" xml:lang="en-US">Income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxes" xlink:label="cresud_IncomeTaxes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxes" xlink:to="cresud_IncomeTaxes_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxes_lbl_4" xml:lang="en-US">[Income tax]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TopOfRangeBrazilMember" xlink:label="cresud_TopOfRangeBrazilMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TopOfRangeBrazilMember" xlink:to="cresud_TopOfRangeBrazilMember_lbl_f24d5c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TopOfRangeBrazilMember_lbl_f24d5c" xml:lang="en-US">Top Of Range Brazil [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UruguayMember" xlink:to="cresud_UruguayMember_lbl_86374b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_UruguayMember_lbl_86374b" xml:lang="en-US">Uruguay [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UruguayMember" xlink:label="cresud_UruguayMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UruguayMember" xlink:to="cresud_UruguayMember_lbl_23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UruguayMember_lbl_23" xml:lang="en-US">[Uruguay [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BottomOfRangeNetherlandsMember" xlink:label="cresud_BottomOfRangeNetherlandsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BottomOfRangeNetherlandsMember" xlink:to="cresud_BottomOfRangeNetherlandsMember_lbl_767308" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BottomOfRangeNetherlandsMember_lbl_767308" xml:lang="en-US">Bottom Of Range Netherlands [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TopOfRangeNetherlandsMember" xlink:label="cresud_TopOfRangeNetherlandsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TopOfRangeNetherlandsMember" xlink:to="cresud_TopOfRangeNetherlandsMember_lbl_dac7df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TopOfRangeNetherlandsMember_lbl_dac7df" xml:lang="en-US">Top Of Range Netherlands [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BermudasBritishVirginIslandsCaymanIslandsMember" xlink:label="cresud_BermudasBritishVirginIslandsCaymanIslandsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BermudasBritishVirginIslandsCaymanIslandsMember" xlink:to="cresud_BermudasBritishVirginIslandsCaymanIslandsMember_lbl_dd6426" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BermudasBritishVirginIslandsCaymanIslandsMember_lbl_dd6426" xml:lang="en-US">Bermudas / British Virgin Islands / Cayman Islands [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GibraltarMember" xlink:label="cresud_GibraltarMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GibraltarMember" xlink:to="cresud_GibraltarMember_lbl_5e0bfd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GibraltarMember_lbl_5e0bfd" xml:lang="en-US">Gibraltar [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TopOfRangeUSMember" xlink:label="cresud_TopOfRangeUSMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TopOfRangeUSMember" xlink:to="cresud_TopOfRangeUSMember_lbl_73de5b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TopOfRangeUSMember_lbl_73de5b" xml:lang="en-US">Top Of Range US [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BottomOfRangeUSMember" xlink:label="cresud_BottomOfRangeUSMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BottomOfRangeUSMember" xlink:to="cresud_BottomOfRangeUSMember_lbl_a23303" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BottomOfRangeUSMember_lbl_a23303" xml:lang="en-US">Bottom Of Range US [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BoliviasMember" xlink:label="cresud_BoliviasMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BoliviasMember" xlink:to="cresud_BoliviasMember_lbl_2ce430" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BoliviasMember_lbl_2ce430" xml:lang="en-US">Bolivia [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BottomOfRangeArgentinaMember" xlink:label="cresud_BottomOfRangeArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BottomOfRangeArgentinaMember" xlink:to="cresud_BottomOfRangeArgentinaMember_lbl_a13751" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BottomOfRangeArgentinaMember_lbl_a13751" xml:lang="en-US">Bottom Of Range Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TopOfRangeArgentinaMember" xlink:label="cresud_TopOfRangeArgentinaMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TopOfRangeArgentinaMember" xlink:to="cresud_TopOfRangeArgentinaMember_lbl_17e301" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TopOfRangeArgentinaMember_lbl_17e301" xml:lang="en-US">Top Of Range Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BottomOfRangeBrazilMember" xlink:label="cresud_BottomOfRangeBrazilMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BottomOfRangeBrazilMember" xlink:to="cresud_BottomOfRangeBrazilMember_lbl_efbc82" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BottomOfRangeBrazilMember_lbl_efbc82" xml:lang="en-US">Bottom Of Range Brazil [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxRate" xlink:label="cresud_IncomeTaxRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxRate" xlink:to="cresud_IncomeTaxRate_lbl_d951e4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxRate_lbl_d951e4" xml:lang="en-US">Income tax rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxFromRespectiveCountries" xlink:label="cresud_IncomeTaxFromRespectiveCountries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxFromRespectiveCountries" xlink:to="cresud_IncomeTaxFromRespectiveCountries_lbl_0f4e65" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxFromRespectiveCountries_lbl_0f4e65" xml:lang="en-US">Tax calculated at the tax rates applicable to profit in the respective countries</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInDeferredTaxLiabilityAssetAbstract" xlink:label="ifrs-full_ChangesInDeferredTaxLiabilityAssetAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInDeferredTaxLiabilityAssetAbstract" xlink:to="ifrs-full_ChangesInDeferredTaxLiabilityAssetAbstract_lbl_fcd667" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ChangesInDeferredTaxLiabilityAssetAbstract_lbl_fcd667" xml:lang="en-US">Permanent differences:</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdjustmentsForTaxInflation" xlink:label="cresud_AdjustmentsForTaxInflation" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdjustmentsForTaxInflation" xlink:to="cresud_AdjustmentsForTaxInflation_lbl_8a5a87" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdjustmentsForTaxInflation_lbl_8a5a87" xml:lang="en-US">Tax inflation adjustment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfProfitOfJointVenturesAndAssociates" xlink:to="cresud_ShareOfProfitOfJointVenturesAndAssociates_lbl_1ca785" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ShareOfProfitOfJointVenturesAndAssociates_lbl_1ca785" xml:lang="en-US">Share of profit of associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareOfProfitOfJointVenturesAndAssociates" xlink:label="cresud_ShareOfProfitOfJointVenturesAndAssociates" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareOfProfitOfJointVenturesAndAssociates" xlink:to="cresud_ShareOfProfitOfJointVenturesAndAssociates_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareOfProfitOfJointVenturesAndAssociates_lbl_5" xml:lang="en-US">[Share of profit of associates and joint ventures]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ResultFromSaleOfParticipationInSubsidiaries" xlink:label="cresud_ResultFromSaleOfParticipationInSubsidiaries" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ResultFromSaleOfParticipationInSubsidiaries" xlink:to="cresud_ResultFromSaleOfParticipationInSubsidiaries_lbl_41e291" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ResultFromSaleOfParticipationInSubsidiaries_lbl_41e291" xml:lang="en-US">Result from sale of participation in associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DifferenceBetweenProvisionAndTaxReturn" xlink:label="cresud_DifferenceBetweenProvisionAndTaxReturn" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DifferenceBetweenProvisionAndTaxReturn" xlink:to="cresud_DifferenceBetweenProvisionAndTaxReturn_lbl_09b450" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DifferenceBetweenProvisionAndTaxReturn_lbl_09b450" xml:lang="en-US">Difference between provision and tax return</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Recoveryofunrecognizedtaxlosscarryforwards" xlink:label="cresud_Recoveryofunrecognizedtaxlosscarryforwards" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Recoveryofunrecognizedtaxlosscarryforwards" xlink:to="cresud_Recoveryofunrecognizedtaxlosscarryforwards_lbl_f912bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Recoveryofunrecognizedtaxlosscarryforwards_lbl_f912bb" xml:lang="en-US">Recovery of unrecognized tax loss carry-forwards</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FiscalTransparency" xlink:label="cresud_FiscalTransparency" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FiscalTransparency" xlink:to="cresud_FiscalTransparency_lbl_6b90cd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FiscalTransparency_lbl_6b90cd" xml:lang="en-US">Fiscal transparency</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NonTaxableProfit" xlink:label="cresud_NonTaxableProfit" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NonTaxableProfit" xlink:to="cresud_NonTaxableProfit_lbl_8f2f9c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NonTaxableProfit_lbl_8f2f9c" xml:lang="en-US">Non-taxable profit</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl_8af72b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl_8af72b" xml:lang="en-US">Others</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl_11" xml:lang="en-US">[Other tax effects for reconciliation between accounting profit and tax expense (income)]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AccountingInflationAdjustmentPermanentDifference" xlink:label="cresud_AccountingInflationAdjustmentPermanentDifference" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AccountingInflationAdjustmentPermanentDifference" xlink:to="cresud_AccountingInflationAdjustmentPermanentDifference_lbl_146513" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AccountingInflationAdjustmentPermanentDifference_lbl_146513" xml:lang="en-US">Inflation adjustment permanent difference</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxFromContinuingOperations" xlink:to="cresud_IncomeTaxFromContinuingOperations_lbl_51d765" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncomeTaxFromContinuingOperations_lbl_51d765" xml:lang="en-US">Income tax</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeTaxFromContinuingOperations" xlink:label="cresud_IncomeTaxFromContinuingOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeTaxFromContinuingOperations" xlink:to="cresud_IncomeTaxFromContinuingOperations_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeTaxFromContinuingOperations_lbl_13" xml:lang="en-US">[Income tax 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="ifrs-full_LaterThanOneYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember_lbl_ba4820" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearMember_lbl_ba4820" xml:lang="en-US">Recovered After More Than 12 Months [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl_e7611e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl_e7611e" xml:lang="en-US">Deferred income tax assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="ifrs-full_NetDeferredTaxAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl_2" xml:lang="en-US">[Net deferred tax assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl_3ba3c3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl_3ba3c3" xml:lang="en-US">Deferred income tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxLiabilities" xlink:label="ifrs-full_NetDeferredTaxLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl_3" xml:lang="en-US">[Net deferred tax liabilities]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl_d45fd9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl_d45fd9" xml:lang="en-US">Total deferred income tax liabilities, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl_36b5b2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl_36b5b2" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesAssetsMember" xlink:label="cresud_TradeAndOtherReceivablesAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesAssetsMember" xlink:to="cresud_TradeAndOtherReceivablesAssetsMember_lbl_4f60f5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesAssetsMember_lbl_4f60f5" xml:lang="en-US">Trade And Other Receivables Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsOneMember" xlink:label="cresud_InvestmentsOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsOneMember" xlink:to="cresud_InvestmentsOneMember_lbl_dd7b5f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsOneMember_lbl_dd7b5f" xml:lang="en-US">Investments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InventoriesOneMember" xlink:label="cresud_InventoriesOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesOneMember" xlink:to="cresud_InventoriesOneMember_lbl_397bdd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InventoriesOneMember_lbl_397bdd" xml:lang="en-US">Inventories [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingsOneMember" xlink:label="cresud_BorrowingsOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsOneMember" xlink:to="cresud_BorrowingsOneMember_lbl_6af31b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingsOneMember_lbl_6af31b" xml:lang="en-US">Borrowings One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TaxLossCarryForwardsMember" xlink:label="cresud_TaxLossCarryForwardsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxLossCarryForwardsMember" xlink:to="cresud_TaxLossCarryForwardsMember_lbl_c7cab8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TaxLossCarryForwardsMember_lbl_c7cab8" xml:lang="en-US">Tax Loss Carry-forwards [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubtotalAssetsMember" xlink:label="cresud_SubtotalAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubtotalAssetsMember" xlink:to="cresud_SubtotalAssetsMember_lbl_16f801" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubtotalAssetsMember_lbl_16f801" xml:lang="en-US">Subtotal Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" xlink:label="cresud_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" xlink:to="cresud_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_lbl_0a0a78" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_lbl_0a0a78" xml:lang="en-US">Investment Properties And Property, Plant And Equipment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BiologicalAssetMember" xlink:label="cresud_BiologicalAssetMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BiologicalAssetMember" xlink:to="cresud_BiologicalAssetMember_lbl_aa8f5a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BiologicalAssetMember_lbl_aa8f5a" xml:lang="en-US">Biological Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IntangibleAssetsMember" xlink:label="cresud_IntangibleAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IntangibleAssetsMember" xlink:to="cresud_IntangibleAssetsMember_lbl_200e9d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IntangibleAssetsMember_lbl_200e9d" xml:lang="en-US">Intangible Assets [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TaxInflationAdjustmentMember" xlink:label="cresud_TaxInflationAdjustmentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxInflationAdjustmentMember" xlink:to="cresud_TaxInflationAdjustmentMember_lbl_ea88c3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TaxInflationAdjustmentMember_lbl_ea88c3" xml:lang="en-US">Tax inflation adjustment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersLiabilitiesMember" xlink:label="cresud_OthersLiabilitiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersLiabilitiesMember" xlink:to="cresud_OthersLiabilitiesMember_lbl_60d36c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersLiabilitiesMember_lbl_60d36c" xml:lang="en-US">Others Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SubtotalLiabilitiesMember" xlink:label="cresud_SubtotalLiabilitiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SubtotalLiabilitiesMember" xlink:to="cresud_SubtotalLiabilitiesMember_lbl_8edc42" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SubtotalLiabilitiesMember_lbl_8edc42" xml:lang="en-US">Subtotal Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LiabilitiesAssetsNetMember" xlink:label="cresud_LiabilitiesAssetsNetMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LiabilitiesAssetsNetMember" xlink:to="cresud_LiabilitiesAssetsNetMember_lbl_974738" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LiabilitiesAssetsNetMember_lbl_974738" xml:lang="en-US">Assets/ (Liabilities), Net [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl_6e0445" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl_6e0445" xml:lang="en-US">Beginning of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BusinessCombinationsContractAssets" xlink:label="cresud_BusinessCombinationsContractAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BusinessCombinationsContractAssets" xlink:to="cresud_BusinessCombinationsContractAssets_lbl_8e05d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BusinessCombinationsContractAssets_lbl_8e05d9" xml:lang="en-US">Business combinations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustment" xlink:to="cresud_CurrencyTranslationAdjustment_lbl_0b43de" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CurrencyTranslationAdjustment_lbl_0b43de" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrencyTranslationAdjustment" xlink:label="cresud_CurrencyTranslationAdjustment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustment" xlink:to="cresud_CurrencyTranslationAdjustment_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrencyTranslationAdjustment_lbl_4" xml:lang="en-US">[Currency translation adjustment 4]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ChargedToStatementOfIncome" xlink:label="cresud_ChargedToStatementOfIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChargedToStatementOfIncome" xlink:to="cresud_ChargedToStatementOfIncome_lbl_5c964b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ChargedToStatementOfIncome_lbl_5c964b" xml:lang="en-US">Charged to the Statement of Income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevaluationSurplus1" xlink:to="cresud_RevaluationSurplus1_lbl_d76d06" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_RevaluationSurplus1_lbl_d76d06" xml:lang="en-US">Revaluation surplus</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevaluationSurplus1" xlink:label="cresud_RevaluationSurplus1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevaluationSurplus1" xlink:to="cresud_RevaluationSurplus1_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevaluationSurplus1_lbl_6" xml:lang="en-US">[Revaluation surplus]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl_e21f2d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl_e21f2d" xml:lang="en-US">Ending of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinasMember" xlink:to="cresud_ArgentinasMember_lbl_0743dc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ArgentinasMember_lbl_0743dc" xml:lang="en-US">Operations Center in Argentina [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinaOneMember" xlink:label="cresud_ArgentinaOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinaOneMember" xlink:to="cresud_ArgentinaOneMember_lbl_22ce41" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinaOneMember_lbl_22ce41" xml:lang="en-US">Argentina 1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinaTwoMember" xlink:label="cresud_ArgentinaTwoMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinaTwoMember" xlink:to="cresud_ArgentinaTwoMember_lbl_8efbfa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinaTwoMember_lbl_8efbfa" xml:lang="en-US">Argentina 2 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinaThreeMember" xlink:label="cresud_ArgentinaThreeMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinaThreeMember" xlink:to="cresud_ArgentinaThreeMember_lbl_a71830" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinaThreeMember_lbl_a71830" xml:lang="en-US">Argentina 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinFourMember" xlink:label="cresud_ArgentinFourMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinFourMember" xlink:to="cresud_ArgentinFourMember_lbl_a091a9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinFourMember_lbl_a091a9" xml:lang="en-US">Argentina 4 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ArgentinFiveMember" xlink:label="cresud_ArgentinFiveMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ArgentinFiveMember" xlink:to="cresud_ArgentinFiveMember_lbl_6cdd97" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ArgentinFiveMember_lbl_6cdd97" xml:lang="en-US">Argentina 5 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TaxLossCarryforwardsValuationAllowance" xlink:label="cresud_TaxLossCarryforwardsValuationAllowance" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxLossCarryforwardsValuationAllowance" xlink:to="cresud_TaxLossCarryforwardsValuationAllowance_lbl_014661" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TaxLossCarryforwardsValuationAllowance_lbl_014661" xml:lang="en-US">Total cumulative tax loss carry-forwards</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UruguaysMember" xlink:to="cresud_UruguaysMember_lbl_68cef1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_UruguaysMember_lbl_68cef1" xml:lang="en-US">Uruguay [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TopsOfRangesMember" xlink:label="cresud_TopsOfRangesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TopsOfRangesMember" xlink:to="cresud_TopsOfRangesMember_lbl_7ae9d8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TopsOfRangesMember_lbl_7ae9d8" xml:lang="en-US">Top Range [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl_e22029" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl_e22029" xml:lang="en-US">Deferred income tax assets (tax loss carry forwards)</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ApplicableTaxRate" xlink:label="ifrs-full_ApplicableTaxRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate_lbl_bf8fb1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ApplicableTaxRate_lbl_bf8fb1" xml:lang="en-US">Corporate income tax, percentage</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TaxLossCarryForwardExpiration" xlink:label="cresud_TaxLossCarryForwardExpiration" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxLossCarryForwardExpiration" xlink:to="cresud_TaxLossCarryForwardExpiration_lbl_088619" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TaxLossCarryForwardExpiration_lbl_088619" xml:lang="en-US">Tax loss carry forwards expiration</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NoLaterhanOneYearMember" xlink:label="cresud_NoLaterhanOneYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NoLaterhanOneYearMember" xlink:to="cresud_NoLaterhanOneYearMember_lbl_294678" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NoLaterhanOneYearMember_lbl_294678" xml:lang="en-US">No Later Than 1 Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaterThanOneYearAndNotLaterThanFiveYearMember" xlink:label="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember" xlink:to="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember_lbl_cb1860" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember_lbl_cb1860" xml:lang="en-US">Later Than 1 Year And Not Later Than 5 Years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:to="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl_d780ee" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived_lbl_d780ee" xml:lang="en-US">Future minimum proceeds generated from non-cancellable operating leases</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:to="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl_cff661" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl_cff661" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="ifrs-full_TypesOfContractsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfContractsAxis" xlink:to="ifrs-full_TypesOfContractsAxis_lbl_a7a3aa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfContractsAxis_lbl_a7a3aa" xml:lang="en-US">Types of contracts [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShoppingMallsOfficesAndOtherBuildingsMember" xlink:label="cresud_ShoppingMallsOfficesAndOtherBuildingsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShoppingMallsOfficesAndOtherBuildingsMember" xlink:to="cresud_ShoppingMallsOfficesAndOtherBuildingsMember_lbl_7bcf36" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShoppingMallsOfficesAndOtherBuildingsMember_lbl_7bcf36" xml:lang="en-US">Shopping Malls, Offices And Other Buildings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="ifrs-full_NotLaterThanOneYearMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl_121869" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl_121869" xml:lang="en-US">No later than 1 year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RentalPropertiesMember" xlink:label="cresud_RentalPropertiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RentalPropertiesMember" xlink:to="cresud_RentalPropertiesMember_lbl_432896" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RentalPropertiesMember_lbl_432896" xml:lang="en-US">Rental Properties [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember" xlink:to="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember_lbl_4dd76f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LaterThanOneYearAndNotLaterThanFiveYearMember_lbl_4dd76f" xml:lang="en-US">Later Than 1 Year And Not Later Than 5 Years [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_MoreThanFiveYearsMember" xlink:to="cresud_MoreThanFiveYearsMember_lbl_040d2e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_MoreThanFiveYearsMember_lbl_040d2e" xml:lang="en-US">More Than Five 5 [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases" xlink:to="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases_lbl_419ac5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases_lbl_419ac5" xml:lang="en-US">Future minimum proceeds generated from non-cancellable operating leases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases" xlink:label="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases" xlink:to="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FutureMinimumProceedsGeneratedFromNonCancellableOperatingLeases_lbl_2" xml:lang="en-US">[Future minimum proceeds generated from non-cancellable operating leases]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl_634ab6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl_634ab6" xml:lang="en-US">No later than 1 year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OperatingLeasesFarmlandsMember" xlink:label="cresud_OperatingLeasesFarmlandsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OperatingLeasesFarmlandsMember" xlink:to="cresud_OperatingLeasesFarmlandsMember_lbl_76f48d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OperatingLeasesFarmlandsMember_lbl_76f48d" xml:lang="en-US">Operating Leases Farmlands [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnearnedFinanceIncomeRelatingToFinanceLeasePaymentsReceivable" xlink:label="ifrs-full_UnearnedFinanceIncomeRelatingToFinanceLeasePaymentsReceivable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnearnedFinanceIncomeRelatingToFinanceLeasePaymentsReceivable" xlink:to="ifrs-full_UnearnedFinanceIncomeRelatingToFinanceLeasePaymentsReceivable_lbl_de25b1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnearnedFinanceIncomeRelatingToFinanceLeasePaymentsReceivable_lbl_de25b1" xml:lang="en-US">Future aggregate minimum lease proceeds under non-cancellable operating leases</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AntaAgreementMember" xlink:label="cresud_AntaAgreementMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AntaAgreementMember" xlink:to="cresud_AntaAgreementMember_lbl_b2f287" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AntaAgreementMember_lbl_b2f287" xml:lang="en-US">Anta Agreement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RentalExpense" xlink:label="ifrs-full_RentalExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalExpense" xlink:to="ifrs-full_RentalExpense_lbl_d5a65c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RentalExpense_lbl_d5a65c" xml:lang="en-US">Rent expense</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfAgriculturalProduce" xlink:to="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_c06387" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_c06387" xml:lang="en-US">Crops</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromSaleOfSugar" xlink:label="ifrs-full_RevenueFromSaleOfSugar" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfSugar" xlink:to="ifrs-full_RevenueFromSaleOfSugar_lbl_b30498" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromSaleOfSugar_lbl_b30498" xml:lang="en-US">Sugarcane</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevenueFromSaleOfCattle" xlink:label="cresud_RevenueFromSaleOfCattle" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfCattle" xlink:to="cresud_RevenueFromSaleOfCattle_lbl_2e79f0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevenueFromSaleOfCattle_lbl_2e79f0" xml:lang="en-US">Cattle</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevenueFromSaleOfSupplies" xlink:label="cresud_RevenueFromSaleOfSupplies" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfSupplies" xlink:to="cresud_RevenueFromSaleOfSupplies_lbl_30f716" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevenueFromSaleOfSupplies_lbl_30f716" xml:lang="en-US">Supplies</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConsignmentRevenues" xlink:label="cresud_ConsignmentRevenues" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsignmentRevenues" xlink:to="cresud_ConsignmentRevenues_lbl_58c180" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConsignmentRevenues_lbl_58c180" xml:lang="en-US">Consignment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdvertisingAndBrokerageFees" xlink:label="cresud_AdvertisingAndBrokerageFees" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdvertisingAndBrokerageFees" xlink:to="cresud_AdvertisingAndBrokerageFees_lbl_361d23" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdvertisingAndBrokerageFees_lbl_361d23" xml:lang="en-US">Advertising and brokerage fees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AgriculturalRentalAndServices" xlink:label="cresud_AgriculturalRentalAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AgriculturalRentalAndServices" xlink:to="cresud_AgriculturalRentalAndServices_lbl_e90a96" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AgriculturalRentalAndServices_lbl_e90a96" xml:lang="en-US">Agricultural rental and other services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeFromSalesAndServicesFromAgriculturalBusiness" xlink:label="cresud_IncomeFromSalesAndServicesFromAgriculturalBusiness" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeFromSalesAndServicesFromAgriculturalBusiness" xlink:to="cresud_IncomeFromSalesAndServicesFromAgriculturalBusiness_lbl_2ebdcd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeFromSalesAndServicesFromAgriculturalBusiness_lbl_2ebdcd" xml:lang="en-US">Income from sales and services from agricultural business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RevenueFromSaleOfTradingPropertiesAndDevelopments" xlink:label="cresud_RevenueFromSaleOfTradingPropertiesAndDevelopments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfTradingPropertiesAndDevelopments" xlink:to="cresud_RevenueFromSaleOfTradingPropertiesAndDevelopments_lbl_05dbd1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RevenueFromSaleOfTradingPropertiesAndDevelopments_lbl_05dbd1" xml:lang="en-US">Trading properties and developments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RentalIncome" xlink:label="ifrs-full_RentalIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalIncome" xlink:to="ifrs-full_RentalIncome_lbl_0b65cf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RentalIncome_lbl_0b65cf" xml:lang="en-US">Rental and services</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromHotelOperations" xlink:label="ifrs-full_RevenueFromHotelOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromHotelOperations" xlink:to="ifrs-full_RevenueFromHotelOperations_lbl_69f468" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromHotelOperations_lbl_69f468" xml:lang="en-US">Hotel operations, tourism services and others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" xlink:label="cresud_IncomeFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" xlink:to="cresud_IncomeFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness_lbl_ebacef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness_lbl_ebacef" xml:lang="en-US">Income from sales and services from urban properties and investment business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AtCostsMember" xlink:label="cresud_AtCostsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AtCostsMember" xlink:to="cresud_AtCostsMember_lbl_f4ee06" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AtCostsMember_lbl_f4ee06" xml:lang="en-US">At Cost [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherOperativeCosts" xlink:label="cresud_OtherOperativeCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherOperativeCosts" xlink:to="cresud_OtherOperativeCosts_lbl_441f17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherOperativeCosts_lbl_441f17" xml:lang="en-US">Other operative costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfPropertyOperations" xlink:label="cresud_CostOfPropertyOperations" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfPropertyOperations" xlink:to="cresud_CostOfPropertyOperations_lbl_a20339" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfPropertyOperations_lbl_a20339" xml:lang="en-US">Cost of property operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfAgriculturalProduce" xlink:to="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_399e62" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_RevenueFromSaleOfAgriculturalProduce_lbl_399e62" xml:lang="en-US">Crops</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfSugar" xlink:to="ifrs-full_RevenueFromSaleOfSugar_lbl_20af4f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RevenueFromSaleOfSugar_lbl_20af4f" xml:lang="en-US">Sugarcane</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfCattle" xlink:to="cresud_RevenueFromSaleOfCattle_lbl_baab55" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_RevenueFromSaleOfCattle_lbl_baab55" xml:lang="en-US">Cattle</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RevenueFromSaleOfSupplies" xlink:to="cresud_RevenueFromSaleOfSupplies_lbl_252250" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_RevenueFromSaleOfSupplies_lbl_252250" xml:lang="en-US">Supplies</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsignmentCosts" xlink:to="cresud_ConsignmentCosts_lbl_f61b77" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ConsignmentCosts_lbl_f61b77" xml:lang="en-US">Consignment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConsignmentCosts" xlink:label="cresud_ConsignmentCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsignmentCosts" xlink:to="cresud_ConsignmentCosts_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConsignmentCosts_lbl_8" xml:lang="en-US">[Consignment]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdvertisingAndBrokerageFees" xlink:to="cresud_AdvertisingAndBrokerageFees_lbl_64e2cf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AdvertisingAndBrokerageFees_lbl_64e2cf" xml:lang="en-US">Advertising and brokerage fees</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostsOfSaleOfAgriculturalProduce" xlink:to="cresud_CostsOfSaleOfAgriculturalProduce_lbl_8b2d66" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CostsOfSaleOfAgriculturalProduce_lbl_8b2d66" xml:lang="en-US">Agricultural rental and other services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostsOfSaleOfAgriculturalProduce" xlink:label="cresud_CostsOfSaleOfAgriculturalProduce" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostsOfSaleOfAgriculturalProduce" xlink:to="cresud_CostsOfSaleOfAgriculturalProduce_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostsOfSaleOfAgriculturalProduce_lbl_10" xml:lang="en-US">[Agricultural rental and other services]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CostOfSalesRoomOccupancyServices" xlink:label="ifrs-full_CostOfSalesRoomOccupancyServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSalesRoomOccupancyServices" xlink:to="ifrs-full_CostOfSalesRoomOccupancyServices_lbl_1a2887" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSalesRoomOccupancyServices_lbl_1a2887" xml:lang="en-US">Cost of sales and services from agricultural business</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAndDevelopments" xlink:to="cresud_TradingPropertiesAndDevelopments_lbl_2b95d0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradingPropertiesAndDevelopments_lbl_2b95d0" xml:lang="en-US">Trading properties and developments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradingPropertiesAndDevelopments" xlink:label="cresud_TradingPropertiesAndDevelopments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradingPropertiesAndDevelopments" xlink:to="cresud_TradingPropertiesAndDevelopments_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradingPropertiesAndDevelopments_lbl_12" xml:lang="en-US">[Trading properties and developments]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RentalAndServices" xlink:to="cresud_RentalAndServices_lbl_260ec1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_RentalAndServices_lbl_260ec1" xml:lang="en-US">Rental and services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RentalAndServices" xlink:label="cresud_RentalAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RentalAndServices" xlink:to="cresud_RentalAndServices_lbl_13" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RentalAndServices_lbl_13" xml:lang="en-US">[Rental and services]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostFromHotelOperationsAndTourism" xlink:to="cresud_CostFromHotelOperationsAndTourism_lbl_fc5d21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CostFromHotelOperationsAndTourism_lbl_fc5d21" xml:lang="en-US">Hotel operations, tourism services and others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostFromHotelOperationsAndTourism" xlink:label="cresud_CostFromHotelOperationsAndTourism" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostFromHotelOperationsAndTourism" xlink:to="cresud_CostFromHotelOperationsAndTourism_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostFromHotelOperationsAndTourism_lbl_14" xml:lang="en-US">[Hotel operations, tourism services and others]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfSalesAndServicesFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" xlink:label="cresud_CostOfSalesAndServicesFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfSalesAndServicesFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness" xlink:to="cresud_CostOfSalesAndServicesFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness_lbl_2d9ed1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfSalesAndServicesFromSalesAndServicesFromUrbanPropertiesAndInvestmentBusiness_lbl_2d9ed1" xml:lang="en-US">Cost of sales and services from sales and services from urban properties and investment business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalCosts" xlink:label="cresud_TotalCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalCosts" xlink:to="cresud_TotalCosts_lbl_119362" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalCosts_lbl_119362" xml:lang="en-US">Total costs</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="ifrs-full_SegmentConsolidationItemsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentConsolidationItemsAxis" xlink:to="ifrs-full_SegmentConsolidationItemsAxis_lbl_96d729" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentConsolidationItemsAxis_lbl_96d729" xml:lang="en-US">Segment consolidation items [axis]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl_78f63b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl_78f63b" xml:lang="en-US">Costs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProductionCostsMember" xlink:label="cresud_ProductionCostsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProductionCostsMember" xlink:to="cresud_ProductionCostsMember_lbl_6ed4bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProductionCostsMember_lbl_6ed4bb" xml:lang="en-US">Production Costs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralsAndAdministrativeExpensesMember" xlink:label="cresud_GeneralsAndAdministrativeExpensesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralsAndAdministrativeExpensesMember" xlink:to="cresud_GeneralsAndAdministrativeExpensesMember_lbl_2a0912" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralsAndAdministrativeExpensesMember_lbl_2a0912" xml:lang="en-US">Generals And Administrative Expenses [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInBiologicalAssets" xlink:to="ifrs-full_ChangesInBiologicalAssets_lbl_31fa6c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ChangesInBiologicalAssets_lbl_31fa6c" xml:lang="en-US">Change in agricultural products and biological assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses" xlink:to="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses_lbl_41dd2e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses_lbl_41dd2e" xml:lang="en-US">Salaries, social security costs and other personnel expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses" xlink:label="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses" xlink:to="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SalariesSocialSecurityCostsAndOtherPersonnelExpenses_lbl_3" xml:lang="en-US">[Salaries, social security costs and other personnel expenses]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl_e1d1db" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl_e1d1db" xml:lang="en-US">Fees and payments for services</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FeeAndCommissionExpense" xlink:label="ifrs-full_FeeAndCommissionExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl_4" xml:lang="en-US">[Fee and commission expense]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfSaleOfGoodsAndServices" xlink:label="cresud_CostOfSaleOfGoodsAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfSaleOfGoodsAndServices" xlink:to="cresud_CostOfSaleOfGoodsAndServices_lbl_053fe4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfSaleOfGoodsAndServices_lbl_053fe4" xml:lang="en-US">Cost of sale of goods and services</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense_lbl_a25c2b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RepairsAndMaintenanceExpense_lbl_a25c2b" xml:lang="en-US">Maintenance, security, cleaning, repairs and others</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxesRatesAndContributions" xlink:to="cresud_TaxesRatesAndContributions_lbl_4d4fd4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TaxesRatesAndContributions_lbl_4d4fd4" xml:lang="en-US">Taxes, rates and contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TaxesRatesAndContributions" xlink:label="cresud_TaxesRatesAndContributions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TaxesRatesAndContributions" xlink:to="cresud_TaxesRatesAndContributions_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TaxesRatesAndContributions_lbl_7" xml:lang="en-US">[Taxes, rates and contributions]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdvertisingAndOtherSellingExpense" xlink:label="cresud_AdvertisingAndOtherSellingExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdvertisingAndOtherSellingExpense" xlink:to="cresud_AdvertisingAndOtherSellingExpense_lbl_f92dd7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdvertisingAndOtherSellingExpense_lbl_f92dd7" xml:lang="en-US">Advertising and other selling expenses</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Freights" xlink:to="cresud_Freights_lbl_a3b497" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_Freights_lbl_a3b497" xml:lang="en-US">Freights</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Freights" xlink:label="cresud_Freights" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Freights" xlink:to="cresud_Freights_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Freights_lbl_9" xml:lang="en-US">[Freights]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectorsFees" xlink:to="cresud_DirectorsFees_lbl_813f7f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DirectorsFees_lbl_813f7f" xml:lang="en-US">Director's fees</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DirectorsFees" xlink:label="cresud_DirectorsFees" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectorsFees" xlink:to="cresud_DirectorsFees_lbl_10" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DirectorsFees_lbl_10" xml:lang="en-US">[Director's fees]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl_df3fc4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl_df3fc4" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeasesAndServiceCharges" xlink:to="cresud_LeasesAndServiceCharges_lbl_507c19" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LeasesAndServiceCharges_lbl_507c19" xml:lang="en-US">Leases and service charges</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TravelLibraryExpensesAndStationery" xlink:label="cresud_TravelLibraryExpensesAndStationery" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TravelLibraryExpensesAndStationery" xlink:to="cresud_TravelLibraryExpensesAndStationery_lbl_6186d2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TravelLibraryExpensesAndStationery_lbl_6186d2" xml:lang="en-US">Travel, library expenses and stationery</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SuppliesAndLabors" xlink:to="cresud_SuppliesAndLabors_lbl_6671ef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SuppliesAndLabors_lbl_6671ef" xml:lang="en-US">Supplies and labors</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SuppliesAndLabors" xlink:label="cresud_SuppliesAndLabors" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SuppliesAndLabors" xlink:to="cresud_SuppliesAndLabors_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SuppliesAndLabors_lbl_14" xml:lang="en-US">[Supplies and labors]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="ifrs-full_OtherExpenseByNature_lbl_a3c295" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherExpenseByNature_lbl_a3c295" xml:lang="en-US">Other expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankExpensesByNature" xlink:label="cresud_BankExpensesByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankExpensesByNature" xlink:to="cresud_BankExpensesByNature_lbl_6bc290" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankExpensesByNature_lbl_6bc290" xml:lang="en-US">Bank expenses</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankExpenses" xlink:to="cresud_BankExpenses_lbl_f62805" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BankExpenses_lbl_f62805" xml:lang="en-US">Bank expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BankExpenses" xlink:label="cresud_BankExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BankExpenses" xlink:to="cresud_BankExpenses_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BankExpenses_lbl_17" xml:lang="en-US">[Bank expenses]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConditioningAndClearanceExpensesByNature" xlink:label="cresud_ConditioningAndClearanceExpensesByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConditioningAndClearanceExpensesByNature" xlink:to="cresud_ConditioningAndClearanceExpensesByNature_lbl_3172eb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConditioningAndClearanceExpensesByNature_lbl_3172eb" xml:lang="en-US">Conditioning and clearance</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InterconnectionAndRoamingExpensesByNature" xlink:label="cresud_InterconnectionAndRoamingExpensesByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterconnectionAndRoamingExpensesByNature" xlink:to="cresud_InterconnectionAndRoamingExpensesByNature_lbl_08c17d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InterconnectionAndRoamingExpensesByNature_lbl_08c17d" xml:lang="en-US">Interconnection and roaming expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AllowanceForDoubtfulAccountsNetByNature" xlink:label="cresud_AllowanceForDoubtfulAccountsNetByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AllowanceForDoubtfulAccountsNetByNature" xlink:to="cresud_AllowanceForDoubtfulAccountsNetByNature_lbl_5aa679" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AllowanceForDoubtfulAccountsNetByNature_lbl_5aa679" xml:lang="en-US">Allowance for doubtful accounts, net</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseByNature" xlink:label="ifrs-full_ExpenseByNature" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseByNature" xlink:to="ifrs-full_ExpenseByNature_lbl_4b2dd4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseByNature_lbl_4b2dd4" xml:lang="en-US">Total expenses by nature</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:label="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:to="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_lbl_8977e9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_lbl_8977e9" xml:lang="en-US">Gain from commodity derivative financial instruments</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl_fc2fac" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl_fc2fac" xml:lang="en-US">Gain / (loss) from sale of property, plant and equipment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ImpairmentChargeOfTradingProperties" xlink:to="cresud_ImpairmentChargeOfTradingProperties_lbl_110de2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_ImpairmentChargeOfTradingProperties_lbl_110de2" xml:lang="en-US">Charge of impairment of trading properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ImpairmentChargeOfTradingProperties" xlink:label="cresud_ImpairmentChargeOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ImpairmentChargeOfTradingProperties" xlink:to="cresud_ImpairmentChargeOfTradingProperties_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ImpairmentChargeOfTradingProperties_lbl_4" xml:lang="en-US">[Charge of impairment of trading properties]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl_789b4d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl_789b4d" xml:lang="en-US">Impairment of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl_5" xml:lang="en-US">[Impairment loss recognised in profit or loss, property, plant and equipment]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProceedsFromSalesOfInterestsInAssociatesAndJointVentures" xlink:label="cresud_ProceedsFromSalesOfInterestsInAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProceedsFromSalesOfInterestsInAssociatesAndJointVentures" xlink:to="cresud_ProceedsFromSalesOfInterestsInAssociatesAndJointVentures_lbl_f16b33" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProceedsFromSalesOfInterestsInAssociatesAndJointVentures_lbl_f16b33" xml:lang="en-US">Gain / (loss) from sale of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense_lbl_c999a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DonationsAndSubsidiesExpense_lbl_c999a2" xml:lang="en-US">Donations</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DonationsAndSubsidiesExpense" xlink:label="ifrs-full_DonationsAndSubsidiesExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DonationsAndSubsidiesExpense_lbl_7" xml:lang="en-US">[Donations and subsidies expense]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LawsuitsAndOtherContingencies" xlink:to="cresud_LawsuitsAndOtherContingencies_lbl_5f69b0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="cresud_LawsuitsAndOtherContingencies_lbl_5f69b0" xml:lang="en-US">Lawsuits and other contingencies</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LawsuitsAndOtherContingencies" xlink:label="cresud_LawsuitsAndOtherContingencies" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LawsuitsAndOtherContingencies" xlink:to="cresud_LawsuitsAndOtherContingencies_lbl_8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LawsuitsAndOtherContingencies_lbl_8" xml:lang="en-US">[Lawsuits and other contingencies]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InterestAndAllowancesGeneratedByOperatingAssets" xlink:to="cresud_InterestAndAllowancesGeneratedByOperatingAssets_lbl_257f14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InterestAndAllowancesGeneratedByOperatingAssets_lbl_257f14" xml:lang="en-US">Interest and allowances generated by operating assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdministrativeExpense" xlink:label="ifrs-full_AdministrativeExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_lbl_c6b91e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdministrativeExpense_lbl_c6b91e" xml:lang="en-US">Administration fees</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherCostAndExpensesOperating" xlink:to="cresud_OtherCostAndExpensesOperating_lbl_369d75" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherCostAndExpensesOperating_lbl_369d75" xml:lang="en-US">Others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherCostAndExpensesOperating" xlink:label="cresud_OtherCostAndExpensesOperating" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherCostAndExpensesOperating" xlink:to="cresud_OtherCostAndExpensesOperating_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherCostAndExpensesOperating_lbl_11" xml:lang="en-US">[Others]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialIncomeAbstract" xlink:label="cresud_FinancialIncomeAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialIncomeAbstract" xlink:to="cresud_FinancialIncomeAbstract_lbl_8c673f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialIncomeAbstract_lbl_8c673f" xml:lang="en-US">Financial income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRevenueExpense" xlink:to="ifrs-full_InterestRevenueExpense_lbl_57695a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InterestRevenueExpense_lbl_57695a" xml:lang="en-US">Interest income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncome" xlink:to="ifrs-full_OtherFinanceIncome_lbl_4447a6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherFinanceIncome_lbl_4447a6" xml:lang="en-US">Other financial income</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherTotalFinanceIncome" xlink:label="cresud_OtherTotalFinanceIncome" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherTotalFinanceIncome" xlink:to="cresud_OtherTotalFinanceIncome_lbl_05b40b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherTotalFinanceIncome_lbl_05b40b" xml:lang="en-US">Total financial income</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialCostsAbstract" xlink:label="cresud_FinancialCostsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialCostsAbstract" xlink:to="cresud_FinancialCostsAbstract_lbl_065b4b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialCostsAbstract_lbl_065b4b" xml:lang="en-US">Financial costs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBonds" xlink:to="ifrs-full_InterestExpenseOnBonds_lbl_bb305e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpenseOnBonds_lbl_bb305e" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnBonds" xlink:label="ifrs-full_InterestExpenseOnBonds" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBonds" xlink:to="ifrs-full_InterestExpenseOnBonds_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnBonds_lbl_7" xml:lang="en-US">[Interest expense on bonds]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherFinanceCosts" xlink:label="cresud_OtherFinanceCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherFinanceCosts" xlink:to="cresud_OtherFinanceCosts_lbl_eb30f8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherFinanceCosts_lbl_eb30f8" xml:lang="en-US">Other financial costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalFinancialCosts" xlink:label="cresud_TotalFinancialCosts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalFinancialCosts" xlink:to="cresud_TotalFinancialCosts_lbl_57c5df" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalFinancialCosts_lbl_57c5df" xml:lang="en-US">Total financial costs</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherFinancialResultsAbstract" xlink:label="cresud_OtherFinancialResultsAbstract" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherFinancialResultsAbstract" xlink:to="cresud_OtherFinancialResultsAbstract_lbl_4ff735" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherFinancialResultsAbstract_lbl_4ff735" xml:lang="en-US">Other financial results:</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetForeignExchangeLosses" xlink:to="cresud_NetForeignExchangeLosses_lbl_dcab1a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_NetForeignExchangeLosses_lbl_dcab1a" xml:lang="en-US">Foreign exchange, net</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NetForeignExchangeLosses" xlink:label="cresud_NetForeignExchangeLosses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NetForeignExchangeLosses" xlink:to="cresud_NetForeignExchangeLosses_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NetForeignExchangeLosses_lbl_11" xml:lang="en-US">[Foreign exchange, net]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="cresud_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="cresud_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss_lbl_7225d8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLoss_lbl_7225d8" xml:lang="en-US">Fair value gain (loss) of financial assets and liabilities at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LossGainFromRepurchaseOfNonConvertibleNotes" xlink:label="cresud_LossGainFromRepurchaseOfNonConvertibleNotes" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LossGainFromRepurchaseOfNonConvertibleNotes" xlink:to="cresud_LossGainFromRepurchaseOfNonConvertibleNotes_lbl_477605" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LossGainFromRepurchaseOfNonConvertibleNotes_lbl_477605" xml:lang="en-US">(Loss) gain from repurchase of Non-convertible notes</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LossGainFromDerivativeFinancialInstrumentsExceptCommodities" xlink:label="cresud_LossGainFromDerivativeFinancialInstrumentsExceptCommodities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LossGainFromDerivativeFinancialInstrumentsExceptCommodities" xlink:to="cresud_LossGainFromDerivativeFinancialInstrumentsExceptCommodities_lbl_d970d1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LossGainFromDerivativeFinancialInstrumentsExceptCommodities_lbl_d970d1" xml:lang="en-US">(Loss) gain from derivative financial instruments (except commodities)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersFinancialResultsNet" xlink:to="cresud_OthersFinancialResultsNet_lbl_8796ef" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OthersFinancialResultsNet_lbl_8796ef" xml:lang="en-US">Others</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersFinancialResultsNet" xlink:label="cresud_OthersFinancialResultsNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersFinancialResultsNet" xlink:to="cresud_OthersFinancialResultsNet_lbl_15" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersFinancialResultsNet_lbl_15" xml:lang="en-US">[Others 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalOtherFinancialResults" xlink:label="cresud_TotalOtherFinancialResults" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalOtherFinancialResults" xlink:to="cresud_TotalOtherFinancialResults_lbl_5dd8be" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalOtherFinancialResults_lbl_5dd8be" xml:lang="en-US">Total other financial results</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationAdjustmentNet" xlink:to="cresud_InflationAdjustmentNet_lbl_b7e2b4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InflationAdjustmentNet_lbl_b7e2b4" xml:lang="en-US">Inflation adjustment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InflationAdjustmentNet" xlink:label="cresud_InflationAdjustmentNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InflationAdjustmentNet" xlink:to="cresud_InflationAdjustmentNet_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InflationAdjustmentNet_lbl_17" xml:lang="en-US">[Inflation adjustment 4]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalFinancialResultsNet" xlink:label="cresud_TotalFinancialResultsNet" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalFinancialResultsNet" xlink:to="cresud_TotalFinancialResultsNet_lbl_3dac60" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalFinancialResultsNet_lbl_3dac60" xml:lang="en-US">Total financial results, net</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BasicMember" xlink:label="cresud_BasicMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BasicMember" xlink:to="cresud_BasicMember_lbl_0bebbe" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BasicMember_lbl_0bebbe" xml:lang="en-US">Basic [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl_885f72" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl_885f72" xml:lang="en-US">Profit (loss) for the year attributable to equity holders of the parent</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl_998c8a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl_998c8a" xml:lang="en-US">Weighted average number of ordinary shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BasicEarningsLossPerShare1" xlink:label="cresud_BasicEarningsLossPerShare1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BasicEarningsLossPerShare1" xlink:to="cresud_BasicEarningsLossPerShare1_lbl_2a2432" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BasicEarningsLossPerShare1_lbl_2a2432" xml:lang="en-US">Basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DilutedMember" xlink:label="cresud_DilutedMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DilutedMember" xlink:to="cresud_DilutedMember_lbl_8fadeb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DilutedMember_lbl_8fadeb" xml:lang="en-US">Diluted [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl_2f3822" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl_2f3822" xml:lang="en-US">Profit (loss) for the year per share attributable to equity holders of the parent</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl_6c0dc8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageShares_lbl_6c0dc8" xml:lang="en-US">Weighted average number of ordinary shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl_792129" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl_792129" xml:lang="en-US">Diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_WeightedAverageNumberOfSharesOutstanding" xlink:label="cresud_WeightedAverageNumberOfSharesOutstanding" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_WeightedAverageNumberOfSharesOutstanding" xlink:to="cresud_WeightedAverageNumberOfSharesOutstanding_lbl_bbf0d0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_WeightedAverageNumberOfSharesOutstanding_lbl_bbf0d0" xml:lang="en-US">Weighted average number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConceptsThatAffectDilution" xlink:label="cresud_ConceptsThatAffectDilution" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConceptsThatAffectDilution" xlink:to="cresud_ConceptsThatAffectDilution_lbl_51920b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConceptsThatAffectDilution_lbl_51920b" xml:lang="en-US">Concepts that affect dilution (i)</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_WeightedAverageNumberOfCommonSharesDiluted" xlink:label="cresud_WeightedAverageNumberOfCommonSharesDiluted" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_WeightedAverageNumberOfCommonSharesDiluted" xlink:to="cresud_WeightedAverageNumberOfCommonSharesDiluted_lbl_703893" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_WeightedAverageNumberOfCommonSharesDiluted_lbl_703893" xml:lang="en-US">Weighted average number of common shares diluted</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AtTheBeginning" xlink:label="cresud_AtTheBeginning" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AtTheBeginning" xlink:to="cresud_AtTheBeginning_lbl_e18ee9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AtTheBeginning_lbl_e18ee9" xml:lang="en-US">At the beginning</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DeliveredAdditionsShares" xlink:to="cresud_DeliveredAdditionsShares_lbl_72b831" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DeliveredAdditionsShares_lbl_72b831" xml:lang="en-US">Additions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DeliveredAdditionsShares" xlink:label="cresud_DeliveredAdditionsShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DeliveredAdditionsShares" xlink:to="cresud_DeliveredAdditionsShares_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DeliveredAdditionsShares_lbl_3" xml:lang="en-US">[Additions 2]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DistributedToBeneficiariesDeliveredShares" xlink:label="cresud_DistributedToBeneficiariesDeliveredShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DistributedToBeneficiariesDeliveredShares" xlink:to="cresud_DistributedToBeneficiariesDeliveredShares_lbl_302694" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DistributedToBeneficiariesDeliveredShares_lbl_302694" xml:lang="en-US">Distributed to beneficiaries</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AtTheEnd" xlink:label="cresud_AtTheEnd" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AtTheEnd" xlink:to="cresud_AtTheEnd_lbl_80ceec" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AtTheEnd_lbl_80ceec" xml:lang="en-US">At the end</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="ifrs-full_DefinedBenefitPlansAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_lbl_4fffce" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl_4fffce" xml:lang="en-US">Defined benefit plans [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DefinedContributionPlanMember" xlink:label="cresud_DefinedContributionPlanMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DefinedContributionPlanMember" xlink:to="cresud_DefinedContributionPlanMember_lbl_9a6428" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DefinedContributionPlanMember_lbl_9a6428" xml:lang="en-US">Defined contribution plan [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ExpectedDividendAsPercentageShareVolatilityRate" xlink:label="cresud_ExpectedDividendAsPercentageShareVolatilityRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ExpectedDividendAsPercentageShareVolatilityRate" xlink:to="cresud_ExpectedDividendAsPercentageShareVolatilityRate_lbl_85adb5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ExpectedDividendAsPercentageShareVolatilityRate_lbl_85adb5" xml:lang="en-US">Expected volatility rate</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl_2147dc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BorrowingsInterestRate_lbl_2147dc" xml:lang="en-US">Interest rate</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_accumulatedExpenses" xlink:label="cresud_accumulatedExpenses" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_accumulatedExpenses" xlink:to="cresud_accumulatedExpenses_lbl_52596b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_accumulatedExpenses_lbl_52596b" xml:lang="en-US">Accumulated expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DefinedContributionPlan" xlink:label="cresud_DefinedContributionPlan" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DefinedContributionPlan" xlink:to="cresud_DefinedContributionPlan_lbl_10b5ed" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DefinedContributionPlan_lbl_10b5ed" xml:lang="en-US">Defined contribution plan</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareBasedCompensationProgramDescription" xlink:label="cresud_ShareBasedCompensationProgramDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareBasedCompensationProgramDescription" xlink:to="cresud_ShareBasedCompensationProgramDescription_lbl_5dda07" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareBasedCompensationProgramDescription_lbl_5dda07" xml:lang="en-US">Description of Share based compensation program</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset_lbl_085f9b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset_lbl_085f9b" xml:lang="en-US">Contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AlejandroGElsztainMember" xlink:label="cresud_AlejandroGElsztainMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AlejandroGElsztainMember" xlink:to="cresud_AlejandroGElsztainMember_lbl_89396e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AlejandroGElsztainMember_lbl_89396e" xml:lang="en-US">Alejandro G. Elsztain [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DiegoChilladoBiausMember" xlink:label="cresud_DiegoChilladoBiausMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DiegoChilladoBiausMember" xlink:to="cresud_DiegoChilladoBiausMember_lbl_19ffcd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DiegoChilladoBiausMember_lbl_19ffcd" xml:lang="en-US">Diego Chillado Biaus [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GaivironskyMember" xlink:label="cresud_GaivironskyMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GaivironskyMember" xlink:to="cresud_GaivironskyMember_lbl_a5c632" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GaivironskyMember_lbl_a5c632" xml:lang="en-US">Matias 1 Gaivironsky [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DateOfBirthDisclosureOfSeniorManagementRemunerationExplanatory" xlink:label="cresud_DateOfBirthDisclosureOfSeniorManagementRemunerationExplanatory" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DateOfBirthDisclosureOfSeniorManagementRemunerationExplanatory" xlink:to="cresud_DateOfBirthDisclosureOfSeniorManagementRemunerationExplanatory_lbl_a41145" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DateOfBirthDisclosureOfSeniorManagementRemunerationExplanatory_lbl_a41145" xml:lang="en-US">Date of birth</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PositionName" xlink:label="cresud_PositionName" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PositionName" xlink:to="cresud_PositionName_lbl_11d653" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PositionName_lbl_11d653" xml:lang="en-US">Position</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CurrentPositionSince" xlink:label="cresud_CurrentPositionSince" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrentPositionSince" xlink:to="cresud_CurrentPositionSince_lbl_bd2b86" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CurrentPositionSince_lbl_bd2b86" xml:lang="en-US">Current position since</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsMember" xlink:to="cresud_BorrowingsMember_lbl_7c3dc5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BorrowingsMember_lbl_7c3dc5" xml:lang="en-US">Borrowings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingsMember" xlink:label="cresud_BorrowingsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsMember" xlink:to="cresud_BorrowingsMember_lbl_34" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingsMember_lbl_34" xml:lang="en-US">[Borrowings [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentsInFinancialAssetMember" xlink:label="cresud_InvestmentsInFinancialAssetMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInFinancialAssetMember" xlink:to="cresud_InvestmentsInFinancialAssetMember_lbl_27cfb0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentsInFinancialAssetMember_lbl_27cfb0" xml:lang="en-US">Investments In Financial Asset [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountsReceivablePayableRelatedPartyTransactions" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountsReceivablePayableRelatedPartyTransactions" xlink:to="cresud_AmountsReceivablePayableRelatedPartyTransactions_lbl_493b0e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactions_lbl_493b0e" xml:lang="en-US">Total related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CAMSAsAndItsSubsidiariesMember" xlink:label="cresud_CAMSAsAndItsSubsidiariesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CAMSAsAndItsSubsidiariesMember" xlink:to="cresud_CAMSAsAndItsSubsidiariesMember_lbl_3e56b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CAMSAsAndItsSubsidiariesMember_lbl_3e56b7" xml:lang="en-US">CAMSAs And Its Subsidiaries [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayablesMember" xlink:to="cresud_TradeAndOtherPayablesMember_lbl_ece6b7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TradeAndOtherPayablesMember_lbl_ece6b7" xml:lang="en-US">Trade And Other Payables [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherAssociatesAndJointsVenturesMember" xlink:label="cresud_OtherAssociatesAndJointsVenturesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherAssociatesAndJointsVenturesMember" xlink:to="cresud_OtherAssociatesAndJointsVenturesMember_lbl_694921" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherAssociatesAndJointsVenturesMember_lbl_694921" xml:lang="en-US">Other Associates And Joints Ventures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NewLipstickLLCMember" xlink:label="cresud_NewLipstickLLCMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NewLipstickLLCMember" xlink:to="cresud_NewLipstickLLCMember_lbl_3fbfd8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NewLipstickLLCMember_lbl_3fbfd8" xml:lang="en-US">New Lipstick LLC [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OthersRelatedPartiesMember" xlink:label="cresud_OthersRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersRelatedPartiesMember" xlink:to="cresud_OthersRelatedPartiesMember_lbl_03efbd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OthersRelatedPartiesMember_lbl_03efbd" xml:lang="en-US">Others Related Parties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ComparaencasaLtdMember" xlink:label="cresud_ComparaencasaLtdMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComparaencasaLtdMember" xlink:to="cresud_ComparaencasaLtdMember_lbl_c09291" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ComparaencasaLtdMember_lbl_c09291" xml:lang="en-US">Comparaencasa Ltd [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentsInFinancialAssetMember" xlink:to="cresud_InvestmentsInFinancialAssetMember_lbl_d40bf8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InvestmentsInFinancialAssetMember_lbl_d40bf8" xml:lang="en-US">Investments In Financial Asset [member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BancoHipotecarioSAMember" xlink:to="cresud_BancoHipotecarioSAMember_lbl_d63dc2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_BancoHipotecarioSAMember_lbl_d63dc2" xml:lang="en-US">Banco Hipotecario S.A. [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaRuralSAMember" xlink:to="cresud_LaRuralSAMember_lbl_1a2f3f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LaRuralSAMember_lbl_1a2f3f" xml:lang="en-US">La Rural S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RundelGlobalLTDsMember" xlink:label="cresud_RundelGlobalLTDsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RundelGlobalLTDsMember" xlink:to="cresud_RundelGlobalLTDsMember_lbl_b0aea5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RundelGlobalLTDsMember_lbl_b0aea5" xml:lang="en-US">Rundel Global LTDs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SociedadRuralArgentinasMember" xlink:label="cresud_SociedadRuralArgentinasMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SociedadRuralArgentinasMember" xlink:to="cresud_SociedadRuralArgentinasMember_lbl_e420aa" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SociedadRuralArgentinasMember_lbl_e420aa" xml:lang="en-US">Sociedad Rural Argentinas [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SuttonsMember" xlink:label="cresud_SuttonsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SuttonsMember" xlink:to="cresud_SuttonsMember_lbl_5aa9a5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SuttonsMember_lbl_5aa9a5" xml:lang="en-US">Suttons [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_YadLevimsLTDMember" xlink:label="cresud_YadLevimsLTDMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_YadLevimsLTDMember" xlink:to="cresud_YadLevimsLTDMember_lbl_a7d6fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_YadLevimsLTDMember_lbl_a7d6fc" xml:lang="en-US">Yad Levims LTD [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DirectorsAndSeniorManagementsMember" xlink:label="cresud_DirectorsAndSeniorManagementsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectorsAndSeniorManagementsMember" xlink:to="cresud_DirectorsAndSeniorManagementsMember_lbl_2c19fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DirectorsAndSeniorManagementsMember_lbl_2c19fc" xml:lang="en-US">Directors And Senior Managements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountsReceivablePaybleRelatedPartyTransactionsAssociatesAndJointVentures" xlink:label="cresud_AmountsReceivablePaybleRelatedPartyTransactionsAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountsReceivablePaybleRelatedPartyTransactionsAssociatesAndJointVentures" xlink:to="cresud_AmountsReceivablePaybleRelatedPartyTransactionsAssociatesAndJointVentures_lbl_8f6daf" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountsReceivablePaybleRelatedPartyTransactionsAssociatesAndJointVentures_lbl_8f6daf" xml:lang="en-US">Total associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountsReceivablePayableRelatedPartyTransactionsOtherRelatedParties" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactionsOtherRelatedParties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountsReceivablePayableRelatedPartyTransactionsOtherRelatedParties" xlink:to="cresud_AmountsReceivablePayableRelatedPartyTransactionsOtherRelatedParties_lbl_4e0b8b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactionsOtherRelatedParties_lbl_4e0b8b" xml:lang="en-US">Total other related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountsReceivablePayableRelatedPartyTransactionsDirectorsAndSeniorManagement" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactionsDirectorsAndSeniorManagement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountsReceivablePayableRelatedPartyTransactionsDirectorsAndSeniorManagement" xlink:to="cresud_AmountsReceivablePayableRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_4e81d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_4e81d9" xml:lang="en-US">Total Directors and Senior Management</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountsReceivablePayableRelatedPartyTransactions" xlink:to="cresud_AmountsReceivablePayableRelatedPartyTransactions_lbl_7222c4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AmountsReceivablePayableRelatedPartyTransactions_lbl_7222c4" xml:lang="en-US">Total Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ManagementFeesPayableRelatedPartyTransactions" xlink:label="cresud_ManagementFeesPayableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ManagementFeesPayableRelatedPartyTransactions" xlink:to="cresud_ManagementFeesPayableRelatedPartyTransactions_lbl_e65d1a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ManagementFeesPayableRelatedPartyTransactions_lbl_e65d1a" xml:lang="en-US">Management Fees payable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SaleLeasesAndServicesReceivableRelatedPartyTransactions" xlink:label="cresud_SaleLeasesAndServicesReceivableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SaleLeasesAndServicesReceivableRelatedPartyTransactions" xlink:to="cresud_SaleLeasesAndServicesReceivableRelatedPartyTransactions_lbl_0173a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SaleLeasesAndServicesReceivableRelatedPartyTransactions_lbl_0173a2" xml:lang="en-US">Sale, leases and services receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeasesAndOrRightsOfUsePayableRelatedPartyTransactions" xlink:label="cresud_LeasesAndOrRightsOfUsePayableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeasesAndOrRightsOfUsePayableRelatedPartyTransactions" xlink:to="cresud_LeasesAndOrRightsOfUsePayableRelatedPartyTransactions_lbl_9c7a22" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeasesAndOrRightsOfUsePayableRelatedPartyTransactions_lbl_9c7a22" xml:lang="en-US">Leases and/or right of use assets payable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsReceivablesRelatedPartyTransactions" xlink:label="cresud_DividendsReceivablesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsReceivablesRelatedPartyTransactions" xlink:to="cresud_DividendsReceivablesRelatedPartyTransactions_lbl_6c84db" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsReceivablesRelatedPartyTransactions_lbl_6c84db" xml:lang="en-US">Dividends receivable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsPayablesRelatedPartyTransactions" xlink:label="cresud_DividendsPayablesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsPayablesRelatedPartyTransactions" xlink:to="cresud_DividendsPayablesRelatedPartyTransactions_lbl_43ef76" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsPayablesRelatedPartyTransactions_lbl_43ef76" xml:lang="en-US">Dividends payables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OtherInvestmentsRelatedPartyTransactions" xlink:label="cresud_OtherInvestmentsRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherInvestmentsRelatedPartyTransactions" xlink:to="cresud_OtherInvestmentsRelatedPartyTransactions_lbl_49dd7a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OtherInvestmentsRelatedPartyTransactions_lbl_49dd7a" xml:lang="en-US">Other investments</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EquityIncentivePlanReceivableRelatedPartyTransactions" xlink:label="cresud_EquityIncentivePlanReceivableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EquityIncentivePlanReceivableRelatedPartyTransactions" xlink:to="cresud_EquityIncentivePlanReceivableRelatedPartyTransactions_lbl_866543" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EquityIncentivePlanReceivableRelatedPartyTransactions_lbl_866543" xml:lang="en-US">Equity incentive plan receivable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LoansGrantedRelatedPartyTransactions" xlink:label="cresud_LoansGrantedRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LoansGrantedRelatedPartyTransactions" xlink:to="cresud_LoansGrantedRelatedPartyTransactions_lbl_e0aa25" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LoansGrantedRelatedPartyTransactions_lbl_e0aa25" xml:lang="en-US">Loans granted</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_lbl_6fe1f6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherBorrowings_lbl_6fe1f6" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherBorrowings" xlink:label="ifrs-full_OtherBorrowings" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherBorrowings_lbl_14" xml:lang="en-US">[Other borrowings]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ManagementFeesReceivableRelatedPartyTransactions" xlink:label="cresud_ManagementFeesReceivableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ManagementFeesReceivableRelatedPartyTransactions" xlink:to="cresud_ManagementFeesReceivableRelatedPartyTransactions_lbl_6d7e3a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ManagementFeesReceivableRelatedPartyTransactions_lbl_6d7e3a" xml:lang="en-US">Management fees receivable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RelatedPartyOtherPayables" xlink:label="cresud_RelatedPartyOtherPayables" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RelatedPartyOtherPayables" xlink:to="cresud_RelatedPartyOtherPayables_lbl_82ff5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RelatedPartyOtherPayables_lbl_82ff5e" xml:lang="en-US">Other payables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReceivables" xlink:to="ifrs-full_OtherReceivables_lbl_8fe136" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherReceivables_lbl_8fe136" xml:lang="en-US">Other receivables</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReimbursementOfExpensesReceivableRelatedPartyTransactions" xlink:label="cresud_ReimbursementOfExpensesReceivableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReimbursementOfExpensesReceivableRelatedPartyTransactions" xlink:to="cresud_ReimbursementOfExpensesReceivableRelatedPartyTransactions_lbl_2cfb49" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReimbursementOfExpensesReceivableRelatedPartyTransactions_lbl_2cfb49" xml:lang="en-US">Reimbursement of expenses</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalServicePayableRelatedPartyTransactions" xlink:label="cresud_LegalServicePayableRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalServicePayableRelatedPartyTransactions" xlink:to="cresud_LegalServicePayableRelatedPartyTransactions_lbl_ab1971" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalServicePayableRelatedPartyTransactions_lbl_ab1971" xml:lang="en-US">Legal services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FeesForServicesReceivedRelatedPartyTransactions" xlink:label="cresud_FeesForServicesReceivedRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FeesForServicesReceivedRelatedPartyTransactions" xlink:to="cresud_FeesForServicesReceivedRelatedPartyTransactions_lbl_365873" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FeesForServicesReceivedRelatedPartyTransactions_lbl_365873" xml:lang="en-US">Fees for services received</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CanonReceivablesRelatedPartyTransactions" xlink:label="cresud_CanonReceivablesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CanonReceivablesRelatedPartyTransactions" xlink:to="cresud_CanonReceivablesRelatedPartyTransactions_lbl_b9d9ba" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CanonReceivablesRelatedPartyTransactions_lbl_b9d9ba" xml:lang="en-US">Canon</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BHNVidaSAMember" xlink:label="cresud_BHNVidaSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BHNVidaSAMember" xlink:to="cresud_BHNVidaSAMember_lbl_19ecc3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BHNVidaSAMember_lbl_19ecc3" xml:lang="en-US">BHN Vida S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BHNSegurosGeneralesSAMember" xlink:label="cresud_BHNSegurosGeneralesSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BHNSegurosGeneralesSAMember" xlink:to="cresud_BHNSegurosGeneralesSAMember_lbl_425765" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BHNSegurosGeneralesSAMember_lbl_425765" xml:lang="en-US">BHN Seguros Generales S.A. [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SociedadRuralArgentinasMember" xlink:to="cresud_SociedadRuralArgentinasMember_lbl_e22070" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SociedadRuralArgentinasMember_lbl_e22070" xml:lang="en-US">Sociedad Rural Argentinas [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OtherAssociatesAndJointsVenturesMember" xlink:to="cresud_OtherAssociatesAndJointsVenturesMember_lbl_ae43ec" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OtherAssociatesAndJointsVenturesMember_lbl_ae43ec" xml:lang="en-US">Other Associates And Joints Ventures [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IFISAsMember" xlink:label="cresud_IFISAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IFISAsMember" xlink:to="cresud_IFISAsMember_lbl_1f22ab" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IFISAsMember_lbl_1f22ab" xml:lang="en-US">IFISAs [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OthersRelatedPartiesMember" xlink:to="cresud_OthersRelatedPartiesMember_lbl_42e91c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_OthersRelatedPartiesMember_lbl_42e91c" xml:lang="en-US">Others Related Parties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_YadLevimsMember" xlink:label="cresud_YadLevimsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_YadLevimsMember" xlink:to="cresud_YadLevimsMember_lbl_a6785b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_YadLevimsMember_lbl_a6785b" xml:lang="en-US">Yad Levims [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DirectorssMember" xlink:label="cresud_DirectorssMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DirectorssMember" xlink:to="cresud_DirectorssMember_lbl_1fda6d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DirectorssMember_lbl_1fda6d" xml:lang="en-US">Directorss [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeniorManagementsMember" xlink:label="cresud_SeniorManagementsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeniorManagementsMember" xlink:to="cresud_SeniorManagementsMember_lbl_c9e6b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeniorManagementsMember_lbl_c9e6b3" xml:lang="en-US">Senior Managements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CAMSAAndSubsidiariesMember" xlink:label="cresud_CAMSAAndSubsidiariesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CAMSAAndSubsidiariesMember" xlink:to="cresud_CAMSAAndSubsidiariesMember_lbl_f39905" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CAMSAAndSubsidiariesMember_lbl_f39905" xml:lang="en-US">CAMSA And Subsidiaries [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RundelGlobalsLTDMember" xlink:label="cresud_RundelGlobalsLTDMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RundelGlobalsLTDMember" xlink:to="cresud_RundelGlobalsLTDMember_lbl_a0b814" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RundelGlobalsLTDMember_lbl_a0b814" xml:lang="en-US">Rundel Globals LTD [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ComparaencasaLtdMember" xlink:to="cresud_ComparaencasaLtdMember_lbl_a965a2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ComparaencasaLtdMember_lbl_a965a2" xml:lang="en-US">Comparaencasa Ltd [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures" xlink:to="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures_lbl_83c971" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures_lbl_83c971" xml:lang="en-US">Total associates and joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures" xlink:label="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures" xlink:to="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountRelatedPartyTransactionsAssociatesAndJointVentures_lbl_2" xml:lang="en-US">[Total associates and joint ventures]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsOtherRelatedParties" xlink:to="cresud_AmountRelatedPartyTransactionsOtherRelatedParties_lbl_4720a1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AmountRelatedPartyTransactionsOtherRelatedParties_lbl_4720a1" xml:lang="en-US">Total other related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountRelatedPartyTransactionsOtherRelatedParties" xlink:label="cresud_AmountRelatedPartyTransactionsOtherRelatedParties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsOtherRelatedParties" xlink:to="cresud_AmountRelatedPartyTransactionsOtherRelatedParties_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountRelatedPartyTransactionsOtherRelatedParties_lbl_3" xml:lang="en-US">[Total other related parties]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountRelatedPartyTransactionsParentCompany" xlink:label="cresud_AmountRelatedPartyTransactionsParentCompany" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsParentCompany" xlink:to="cresud_AmountRelatedPartyTransactionsParentCompany_lbl_7018f3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountRelatedPartyTransactionsParentCompany_lbl_7018f3" xml:lang="en-US">Total parent company</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement" xlink:to="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_0bdac0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_0bdac0" xml:lang="en-US">Total Directors and Senior Management</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement" xlink:label="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement" xlink:to="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_5" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountRelatedPartyTransactionsDirectorsAndSeniorManagement_lbl_5" xml:lang="en-US">[Total Directors and Senior Management]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountRelatedPartyTransactionsTotal" xlink:label="cresud_AmountRelatedPartyTransactionsTotal" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountRelatedPartyTransactionsTotal" xlink:to="cresud_AmountRelatedPartyTransactionsTotal_lbl_d715b3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountRelatedPartyTransactionsTotal_lbl_d715b3" xml:lang="en-US">Total amount related party transaction</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CorporateServicesRelatedPartyTransactions" xlink:label="cresud_CorporateServicesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CorporateServicesRelatedPartyTransactions" xlink:to="cresud_CorporateServicesRelatedPartyTransactions_lbl_410ead" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CorporateServicesRelatedPartyTransactions_lbl_410ead" xml:lang="en-US">Corporate services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FinancialOperationsRelatedPartyTransactions" xlink:label="cresud_FinancialOperationsRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FinancialOperationsRelatedPartyTransactions" xlink:to="cresud_FinancialOperationsRelatedPartyTransactions_lbl_002df1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FinancialOperationsRelatedPartyTransactions_lbl_002df1" xml:lang="en-US">Financial operations</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LeaseAndRightsOfUseRelatedPartyTransactions" xlink:label="cresud_LeaseAndRightsOfUseRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LeaseAndRightsOfUseRelatedPartyTransactions" xlink:to="cresud_LeaseAndRightsOfUseRelatedPartyTransactions_lbl_0e48ea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LeaseAndRightsOfUseRelatedPartyTransactions_lbl_0e48ea" xml:lang="en-US">Leases and or rights of use asset</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FeesAndRemunerationsRelatedPartyTransactions" xlink:label="cresud_FeesAndRemunerationsRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FeesAndRemunerationsRelatedPartyTransactions" xlink:to="cresud_FeesAndRemunerationsRelatedPartyTransactions_lbl_8295bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FeesAndRemunerationsRelatedPartyTransactions_lbl_8295bc" xml:lang="en-US">Fees and remunerations</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DirectorsRemunerationExpense" xlink:label="ifrs-full_DirectorsRemunerationExpense" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectorsRemunerationExpense" xlink:to="ifrs-full_DirectorsRemunerationExpense_lbl_f44f2d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DirectorsRemunerationExpense_lbl_f44f2d" xml:lang="en-US">Fee and remunerations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalServicesRelatedPartyTransactions" xlink:to="cresud_LegalServicesRelatedPartyTransactions_lbl_4566d9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_LegalServicesRelatedPartyTransactions_lbl_4566d9" xml:lang="en-US">Legal services</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LegalServicesRelatedPartyTransactions" xlink:label="cresud_LegalServicesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LegalServicesRelatedPartyTransactions" xlink:to="cresud_LegalServicesRelatedPartyTransactions_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LegalServicesRelatedPartyTransactions_lbl_12" xml:lang="en-US">[Legal services]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense_lbl_0fb31f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DonationsAndSubsidiesExpense_lbl_0fb31f" xml:lang="en-US">Donations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions" xlink:to="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions_lbl_a6ff3a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions_lbl_a6ff3a" xml:lang="en-US">Income from sales and services from agricultural business</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions" xlink:label="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions" xlink:to="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions_lbl_14" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IncomeFromSalesAndServicesFromAgriculturalBusinessRelatedPartyTransactions_lbl_14" xml:lang="en-US">[Income from sales and services from agricultural business]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CompensationOfDirectorsAndSeniorManagementRelatedPartyTransactions" xlink:label="cresud_CompensationOfDirectorsAndSeniorManagementRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CompensationOfDirectorsAndSeniorManagementRelatedPartyTransactions" xlink:to="cresud_CompensationOfDirectorsAndSeniorManagementRelatedPartyTransactions_lbl_5a1520" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CompensationOfDirectorsAndSeniorManagementRelatedPartyTransactions_lbl_5a1520" xml:lang="en-US">Compensation of Directors and senior management</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ManagementFeeRelatedPartyTransactions" xlink:label="cresud_ManagementFeeRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ManagementFeeRelatedPartyTransactions" xlink:to="cresud_ManagementFeeRelatedPartyTransactions_lbl_cf1821" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ManagementFeeRelatedPartyTransactions_lbl_cf1821" xml:lang="en-US">Management fee</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NuevoPuertoSantaFeSAsMember" xlink:label="cresud_NuevoPuertoSantaFeSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NuevoPuertoSantaFeSAsMember" xlink:to="cresud_NuevoPuertoSantaFeSAsMember_lbl_8185ea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NuevoPuertoSantaFeSAsMember_lbl_8185ea" xml:lang="en-US">Nuevo Puerto Santa Fe S.A.s [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaRuralsSAMember" xlink:label="cresud_LaRuralsSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaRuralsSAMember" xlink:to="cresud_LaRuralsSAMember_lbl_eb09c7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaRuralsSAMember_lbl_eb09c7" xml:lang="en-US">La Rurals S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UrangaTradingsSAMember" xlink:label="cresud_UrangaTradingsSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UrangaTradingsSAMember" xlink:to="cresud_UrangaTradingsSAMember_lbl_72a6b8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UrangaTradingsSAMember_lbl_72a6b8" xml:lang="en-US">Uranga Tradings S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BHSAsMember" xlink:label="cresud_BHSAsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BHSAsMember" xlink:to="cresud_BHSAsMember_lbl_8c69ae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BHSAsMember_lbl_8c69ae" xml:lang="en-US">BHSAs [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CyrsasSAMember" xlink:label="cresud_CyrsasSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CyrsasSAMember" xlink:to="cresud_CyrsasSAMember_lbl_e6242d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CyrsasSAMember_lbl_e6242d" xml:lang="en-US">Cyrsas S.A. [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PuertoRetirosMember" xlink:label="cresud_PuertoRetirosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PuertoRetirosMember" xlink:to="cresud_PuertoRetirosMember_lbl_2af3f6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PuertoRetirosMember_lbl_2af3f6" xml:lang="en-US">Puerto Retiros [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ViflorsMember" xlink:label="cresud_ViflorsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ViflorsMember" xlink:to="cresud_ViflorsMember_lbl_382f07" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ViflorsMember_lbl_382f07" xml:lang="en-US">Viflors [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsReceivedRelatedPartyTransactions" xlink:label="cresud_DividendsReceivedRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsReceivedRelatedPartyTransactions" xlink:to="cresud_DividendsReceivedRelatedPartyTransactions_lbl_e94e1f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsReceivedRelatedPartyTransactions_lbl_e94e1f" xml:lang="en-US">Total dividends received</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalIrrevocableContributionsRelatedPartyTransactions" xlink:label="cresud_TotalIrrevocableContributionsRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalIrrevocableContributionsRelatedPartyTransactions" xlink:to="cresud_TotalIrrevocableContributionsRelatedPartyTransactions_lbl_f90ec7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalIrrevocableContributionsRelatedPartyTransactions_lbl_f90ec7" xml:lang="en-US">Total irrevocable contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_IrrevocableContributionsRelatedPartyTransactions" xlink:label="cresud_IrrevocableContributionsRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_IrrevocableContributionsRelatedPartyTransactions" xlink:to="cresud_IrrevocableContributionsRelatedPartyTransactions_lbl_df2f46" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_IrrevocableContributionsRelatedPartyTransactions_lbl_df2f46" xml:lang="en-US">Irrevocable contributions</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceived" xlink:label="ifrs-full_DividendsReceived" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceived" xlink:to="ifrs-full_DividendsReceived_lbl_7f1a02" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsReceived_lbl_7f1a02" xml:lang="en-US">Dividends received</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OfficesAndShoppingMallsSpacesLeasesDescription" xlink:label="cresud_OfficesAndShoppingMallsSpacesLeasesDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OfficesAndShoppingMallsSpacesLeasesDescription" xlink:to="cresud_OfficesAndShoppingMallsSpacesLeasesDescription_lbl_4764e6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OfficesAndShoppingMallsSpacesLeasesDescription_lbl_4764e6" xml:lang="en-US">Offices and Shopping malls spaces leases, description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SanBernardoLeaseDescription" xlink:label="cresud_SanBernardoLeaseDescription" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SanBernardoLeaseDescription" xlink:to="cresud_SanBernardoLeaseDescription_lbl_7cddae" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SanBernardoLeaseDescription_lbl_7cddae" xml:lang="en-US">San Bernardo lease, description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_OwnershipInterestPercentage" xlink:label="cresud_OwnershipInterestPercentage" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_OwnershipInterestPercentage" xlink:to="cresud_OwnershipInterestPercentage_lbl_19fed9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_OwnershipInterestPercentage_lbl_19fed9" xml:lang="en-US">Ownership interest percentage, description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FeeServicesRelatedPartyTransactions" xlink:label="cresud_FeeServicesRelatedPartyTransactions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FeeServicesRelatedPartyTransactions" xlink:to="cresud_FeeServicesRelatedPartyTransactions_lbl_e3a336" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FeeServicesRelatedPartyTransactions_lbl_e3a336" xml:lang="en-US">Fee services</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BiologicalAssetsAxis" xlink:label="ifrs-full_BiologicalAssetsAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BiologicalAssetsAxis" xlink:to="ifrs-full_BiologicalAssetsAxis_lbl_30db24" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BiologicalAssetsAxis_lbl_30db24" xml:lang="en-US">Biological assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfSalesAndServicesFromAgriculturalBusinessMember" xlink:label="cresud_CostOfSalesAndServicesFromAgriculturalBusinessMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfSalesAndServicesFromAgriculturalBusinessMember" xlink:to="cresud_CostOfSalesAndServicesFromAgriculturalBusinessMember_lbl_5ed8bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfSalesAndServicesFromAgriculturalBusinessMember_lbl_5ed8bc" xml:lang="en-US">Cost of sales and services from agricultural business [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesCostOfGoodsSoldAndServices" xlink:to="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_c499dd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_c499dd" xml:lang="en-US">Inventories at the beginning of the period</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InventoriesCostOfGoodsSoldAndServices" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServices" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesCostOfGoodsSoldAndServices" xlink:to="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_2" xml:lang="en-US">[Inventories at the beginning of the period]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts" xlink:to="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts_lbl_f7a2ea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts_lbl_f7a2ea" xml:lang="en-US">Initial recognition and changes in the fair value of biological assets and agricultural products at the point of harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts" xlink:to="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts_lbl_3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InitialRecognitionAndChangesInFairValueOfBiologicalAssetsAgriculturalProducts_lbl_3" xml:lang="en-US">[Initial recognition and changes in the fair value of biological assets and agricultural products at the point of harvest]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_2923c8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_2923c8" xml:lang="en-US">Changes in net realizable value of agricultural products after harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:label="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ChangesInNetRealizableValueOfAgriculturalProductsAfterHarvest_lbl_4" xml:lang="en-US">[Changes in net realizable value of agricultural products after harvest]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CurrencyTranslationAdjustment" xlink:to="cresud_CurrencyTranslationAdjustment_lbl_7d490a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="cresud_CurrencyTranslationAdjustment_lbl_7d490a" xml:lang="en-US">Currency translation adjustment</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersOfTradingProperties" xlink:to="cresud_TransfersOfTradingProperties_lbl_1e1a67" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_TransfersOfTradingProperties_lbl_1e1a67" xml:lang="en-US">Transfers</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TransfersOfTradingProperties" xlink:label="cresud_TransfersOfTradingProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TransfersOfTradingProperties" xlink:to="cresud_TransfersOfTradingProperties_lbl_6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TransfersOfTradingProperties_lbl_6" xml:lang="en-US">[Transfers 2]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Impairment" xlink:to="cresud_Impairment_lbl_7c54fc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_Impairment_lbl_7c54fc" xml:lang="en-US">Impairment</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_Impairment" xlink:label="cresud_Impairment" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_Impairment" xlink:to="cresud_Impairment_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_Impairment_lbl_7" xml:lang="en-US">[Impairment 1]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DecreaseDueToHarvestBiologicalAssets1" xlink:label="cresud_DecreaseDueToHarvestBiologicalAssets1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DecreaseDueToHarvestBiologicalAssets1" xlink:to="cresud_DecreaseDueToHarvestBiologicalAssets1_lbl_c6e5bb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DecreaseDueToHarvestBiologicalAssets1_lbl_c6e5bb" xml:lang="en-US">Harvest</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AcquisitionsAndClassifications" xlink:label="cresud_AcquisitionsAndClassifications" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AcquisitionsAndClassifications" xlink:to="cresud_AcquisitionsAndClassifications_lbl_a69c56" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AcquisitionsAndClassifications_lbl_a69c56" xml:lang="en-US">Acquisitions and classifications</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ConsumableBiologicalAssets" xlink:label="cresud_ConsumableBiologicalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ConsumableBiologicalAssets" xlink:to="cresud_ConsumableBiologicalAssets_lbl_80e789" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ConsumableBiologicalAssets_lbl_80e789" xml:lang="en-US">Consume</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesIncorporationByBusinessCombination" xlink:to="cresud_InventoriesIncorporationByBusinessCombination_lbl_fb4e5d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_InventoriesIncorporationByBusinessCombination_lbl_fb4e5d" xml:lang="en-US">Incorporation by business combination</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InventoriesIncorporationByBusinessCombination" xlink:label="cresud_InventoriesIncorporationByBusinessCombination" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesIncorporationByBusinessCombination" xlink:to="cresud_InventoriesIncorporationByBusinessCombination_lbl_11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InventoriesIncorporationByBusinessCombination_lbl_11" xml:lang="en-US">[Incorporation by business combination 2]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesCostOfGoodsSoldAndServicesProvided" xlink:to="cresud_InventoriesCostOfGoodsSoldAndServicesProvided_lbl_3b3d4c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServicesProvided_lbl_3b3d4c" xml:lang="en-US">Inventories at the end of the year</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InventoriesCostOfGoodsSoldAndServicesProvided" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServicesProvided" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesCostOfGoodsSoldAndServicesProvided" xlink:to="cresud_InventoriesCostOfGoodsSoldAndServicesProvided_lbl_12" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServicesProvided_lbl_12" xml:lang="en-US">[Inventories at the end of the year]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfGoodsSoldAndServicesProvided1" xlink:label="cresud_CostOfGoodsSoldAndServicesProvided1" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfGoodsSoldAndServicesProvided1" xlink:to="cresud_CostOfGoodsSoldAndServicesProvided1_lbl_18903a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfGoodsSoldAndServicesProvided1_lbl_18903a" xml:lang="en-US">Costs as of one</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfGoodsSoldAndServicesProvided" xlink:label="cresud_CostOfGoodsSoldAndServicesProvided" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfGoodsSoldAndServicesProvided" xlink:to="cresud_CostOfGoodsSoldAndServicesProvided_lbl_627a74" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfGoodsSoldAndServicesProvided_lbl_627a74" xml:lang="en-US">Costs as of two</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfGoodsSoldAndServicesProvidedTwo" xlink:label="cresud_CostOfGoodsSoldAndServicesProvidedTwo" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfGoodsSoldAndServicesProvidedTwo" xlink:to="cresud_CostOfGoodsSoldAndServicesProvidedTwo_lbl_ae8c11" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfGoodsSoldAndServicesProvidedTwo_lbl_ae8c11" xml:lang="en-US">Costs as of three</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InventoriesCostOfGoodsSoldAndServices" xlink:to="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_338056" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="cresud_InventoriesCostOfGoodsSoldAndServices_lbl_338056" xml:lang="en-US">Inventories at the end of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfGoodsSoldAndServicesProvidedThree" xlink:to="cresud_CostOfGoodsSoldAndServicesProvidedThree_lbl_02437e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_CostOfGoodsSoldAndServicesProvidedThree_lbl_02437e" xml:lang="en-US">Costs as of three</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CostOfGoodsSoldAndServicesProvidedThree" xlink:label="cresud_CostOfGoodsSoldAndServicesProvidedThree" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CostOfGoodsSoldAndServicesProvidedThree" xlink:to="cresud_CostOfGoodsSoldAndServicesProvidedThree_lbl_17" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CostOfGoodsSoldAndServicesProvidedThree_lbl_17" xml:lang="en-US">[Costs as of three]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherPayablesRelatedPartiesMember" xlink:label="cresud_TradeAndOtherPayablesRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayablesRelatedPartiesMember" xlink:to="cresud_TradeAndOtherPayablesRelatedPartiesMember_lbl_e4021b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherPayablesRelatedPartiesMember_lbl_e4021b" xml:lang="en-US">Trade And Other Payables Related Parties [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_USDollarMember" xlink:label="cresud_USDollarMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_USDollarMember" xlink:to="cresud_USDollarMember_lbl_deda08" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_USDollarMember_lbl_deda08" xml:lang="en-US">US Dollar [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashAndCashEquivalentsMember" xlink:label="cresud_CashAndCashEquivalentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashAndCashEquivalentsMember" xlink:to="cresud_CashAndCashEquivalentsMember_lbl_076be8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashAndCashEquivalentsMember_lbl_076be8" xml:lang="en-US">Cash and cash equivalents [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GuaraniesMember" xlink:label="cresud_GuaraniesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GuaraniesMember" xlink:to="cresud_GuaraniesMember_lbl_2a7c92" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GuaraniesMember_lbl_2a7c92" xml:lang="en-US">Guaranies [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ProvisionsMember" xlink:label="cresud_ProvisionsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ProvisionsMember" xlink:to="cresud_ProvisionsMember_lbl_5ebdf8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ProvisionsMember_lbl_5ebdf8" xml:lang="en-US">Provisions [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NewIsraelShekelMember" xlink:label="cresud_NewIsraelShekelMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NewIsraelShekelMember" xlink:to="cresud_NewIsraelShekelMember_lbl_d417b8" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NewIsraelShekelMember_lbl_d417b8" xml:lang="en-US">New Israel Shekel [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentInFinancialAssetsRelatedPartiesMember" xlink:label="cresud_InvestmentInFinancialAssetsRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentInFinancialAssetsRelatedPartiesMember" xlink:to="cresud_InvestmentInFinancialAssetsRelatedPartiesMember_lbl_f94070" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentInFinancialAssetsRelatedPartiesMember_lbl_f94070" xml:lang="en-US">Investment in financial assets related parties [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PoundsMember" xlink:label="cresud_PoundsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PoundsMember" xlink:to="cresud_PoundsMember_lbl_946cda" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PoundsMember_lbl_946cda" xml:lang="en-US">Pounds [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl_728c58" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl_728c58" xml:lang="en-US">Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BolivianPesosMember" xlink:label="cresud_BolivianPesosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BolivianPesosMember" xlink:to="cresud_BolivianPesosMember_lbl_9475cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BolivianPesosMember_lbl_9475cb" xml:lang="en-US">Bolivian pesos [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherPayableRelatedPartiesMember" xlink:label="cresud_TradeAndOtherPayableRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayableRelatedPartiesMember" xlink:to="cresud_TradeAndOtherPayableRelatedPartiesMember_lbl_2cc0cb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherPayableRelatedPartiesMember_lbl_2cc0cb" xml:lang="en-US">Trade and other payable related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_UruguayanPesosMember" xlink:label="cresud_UruguayanPesosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_UruguayanPesosMember" xlink:to="cresud_UruguayanPesosMember_lbl_744cea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_UruguayanPesosMember_lbl_744cea" xml:lang="en-US">Uruguayan pesos [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherPayableMember" xlink:label="cresud_TradeAndOtherPayableMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherPayableMember" xlink:to="cresud_TradeAndOtherPayableMember_lbl_83c0f9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherPayableMember_lbl_83c0f9" xml:lang="en-US">Trade and other payable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_EurosMember" xlink:label="cresud_EurosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_EurosMember" xlink:to="cresud_EurosMember_lbl_17867d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_EurosMember_lbl_17867d" xml:lang="en-US">Euros [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivableMember" xlink:label="cresud_TradeAndOtherReceivableMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivableMember" xlink:to="cresud_TradeAndOtherReceivableMember_lbl_757760" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivableMember_lbl_757760" xml:lang="en-US">Trade And Other Receivable</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TradeAndOtherReceivablesRelatedPartiesMember" xlink:label="cresud_TradeAndOtherReceivablesRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TradeAndOtherReceivablesRelatedPartiesMember" xlink:to="cresud_TradeAndOtherReceivablesRelatedPartiesMember_lbl_a555a0" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TradeAndOtherReceivablesRelatedPartiesMember_lbl_a555a0" xml:lang="en-US">Trade and other receivables related parties [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentInFinancialAssetsMember" xlink:label="cresud_InvestmentInFinancialAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentInFinancialAssetsMember" xlink:to="cresud_InvestmentInFinancialAssetsMember_lbl_44708a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentInFinancialAssetsMember_lbl_44708a" xml:lang="en-US">Investment in financial assets [member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsMember" xlink:to="cresud_DerivativeFinancialInstrumentsMember_lbl_8ecceb" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_DerivativeFinancialInstrumentsMember_lbl_8ecceb" xml:lang="en-US">Derivative Financial Instruments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstrumentsMember" xlink:label="cresud_DerivativeFinancialInstrumentsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsMember" xlink:to="cresud_DerivativeFinancialInstrumentsMember_lbl_79" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstrumentsMember_lbl_79" xml:lang="en-US">[Derivative Financial Instruments [Member]]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_BorrowingsWithRelatedPartiesMember" xlink:label="cresud_BorrowingsWithRelatedPartiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_BorrowingsWithRelatedPartiesMember" xlink:to="cresud_BorrowingsWithRelatedPartiesMember_lbl_9b3ef6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_BorrowingsWithRelatedPartiesMember_lbl_9b3ef6" xml:lang="en-US">Borrowings with related parties [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:label="cresud_DerivativeFinancialInstrumentsLiabilitiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:to="cresud_DerivativeFinancialInstrumentsLiabilitiesMember_lbl_50b002" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DerivativeFinancialInstrumentsLiabilitiesMember_lbl_50b002" xml:lang="en-US">Derivative financial liabilities [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyAssetsMember" xlink:label="cresud_ForeignCurrencyAssetsMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyAssetsMember" xlink:to="cresud_ForeignCurrencyAssetsMember_lbl_62b110" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyAssetsMember_lbl_62b110" xml:lang="en-US">Foreign currency Assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyLiabilitiesMember" xlink:label="cresud_ForeignCurrencyLiabilitiesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyLiabilitiesMember" xlink:to="cresud_ForeignCurrencyLiabilitiesMember_lbl_0b698e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyLiabilitiesMember_lbl_0b698e" xml:lang="en-US">Foreign currency Liabilities [member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CashAndCashEquivalentMember" xlink:label="cresud_CashAndCashEquivalentMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CashAndCashEquivalentMember" xlink:to="cresud_CashAndCashEquivalentMember_lbl_81d6f9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CashAndCashEquivalentMember_lbl_81d6f9" xml:lang="en-US">Cash And Cash Equivalent [Member] Urguayan Pesos [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ChileneanPesosMember" xlink:label="cresud_ChileneanPesosMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ChileneanPesosMember" xlink:to="cresud_ChileneanPesosMember_lbl_92d26f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ChileneanPesosMember_lbl_92d26f" xml:lang="en-US">Chilenean pesos [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AmountOfForeignCurrency" xlink:label="cresud_AmountOfForeignCurrency" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AmountOfForeignCurrency" xlink:to="cresud_AmountOfForeignCurrency_lbl_767576" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AmountOfForeignCurrency_lbl_767576" xml:lang="en-US">Amount of foreign currency</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_PrevailingExchangeRate" xlink:label="cresud_PrevailingExchangeRate" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_PrevailingExchangeRate" xlink:to="cresud_PrevailingExchangeRate_lbl_6b2f63" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_PrevailingExchangeRate_lbl_6b2f63" xml:lang="en-US">Prevailing exchange rate</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyCashAndCashEquivalents" xlink:to="cresud_ForeignCurrencyCashAndCashEquivalents_lbl_fcb933" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ForeignCurrencyCashAndCashEquivalents_lbl_fcb933" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyCashAndCashEquivalents" xlink:label="cresud_ForeignCurrencyCashAndCashEquivalents" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyCashAndCashEquivalents" xlink:to="cresud_ForeignCurrencyCashAndCashEquivalents_lbl_4" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyCashAndCashEquivalents_lbl_4" xml:lang="en-US">[Cash and cash equivalents]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_lbl_20d376" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl_20d376" xml:lang="en-US">Trade and other receivables</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl_273fb3" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeReceivables_lbl_273fb3" xml:lang="en-US">Trade and other receivables related parties</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinancialAssets" xlink:to="ifrs-full_OtherFinancialAssets_lbl_4d0e5e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherFinancialAssets_lbl_4d0e5e" xml:lang="en-US">Investment in financial assets</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinancialAssets" xlink:label="ifrs-full_OtherFinancialAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinancialAssets" xlink:to="ifrs-full_OtherFinancialAssets_lbl_7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinancialAssets_lbl_7" xml:lang="en-US">[Other financial assets]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl_78539b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl_78539b" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyProvisions" xlink:to="cresud_ForeignCurrencyProvisions_lbl_d4685b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_ForeignCurrencyProvisions_lbl_d4685b" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ForeignCurrencyProvisions" xlink:label="cresud_ForeignCurrencyProvisions" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ForeignCurrencyProvisions" xlink:to="cresud_ForeignCurrencyProvisions_lbl_9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ForeignCurrencyProvisions_lbl_9" xml:lang="en-US">[Provisions 1]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl_0450b9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashAndCashEquivalents_lbl_0450b9" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_lbl_ad1167" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherBorrowings_lbl_ad1167" xml:lang="en-US">Borrowings with related parties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalAssets" xlink:label="cresud_TotalAssets" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalAssets" xlink:to="cresud_TotalAssets_lbl_48faf9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalAssets_lbl_48faf9" xml:lang="en-US">Total Assets</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalLeaseLiabilities" xlink:label="cresud_TotalLeaseLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalLeaseLiabilities" xlink:to="cresud_TotalLeaseLiabilities_lbl_352712" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalLeaseLiabilities_lbl_352712" xml:lang="en-US">Total lease liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl_d85717" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Provisions_lbl_d85717" xml:lang="en-US">Total provisions</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_TotalLiabilities" xlink:label="cresud_TotalLiabilities" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_TotalLiabilities" xlink:to="cresud_TotalLiabilities_lbl_d19f20" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_TotalLiabilities_lbl_d19f20" xml:lang="en-US">Total Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl_67eb77" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl_67eb77" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_LaRuralSAIRSAMember" xlink:label="cresud_LaRuralSAIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_LaRuralSAIRSAMember" xlink:to="cresud_LaRuralSAIRSAMember_lbl_92c2f9" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_LaRuralSAIRSAMember_lbl_92c2f9" xml:lang="en-US">La Rural S.A. - IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_NuevoPuertoSantaFeSAIRSAMember" xlink:label="cresud_NuevoPuertoSantaFeSAIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_NuevoPuertoSantaFeSAIRSAMember" xlink:to="cresud_NuevoPuertoSantaFeSAIRSAMember_lbl_44745d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_NuevoPuertoSantaFeSAIRSAMember_lbl_44745d" xml:lang="en-US">Nuevo Puerto Santa Fe S.A.- IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_WarrantsExerciseMember" xlink:label="cresud_WarrantsExerciseMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_WarrantsExerciseMember" xlink:to="cresud_WarrantsExerciseMember_lbl_968062" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_WarrantsExerciseMember_lbl_968062" xml:lang="en-US">Warrants exercise</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingMember" xlink:label="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingMember" xlink:to="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingMember_lbl_c12374" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingMember_lbl_c12374" xml:lang="en-US">General Ordinary and Extraordinary Shareholders' Meeting [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingOneMember" xlink:label="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingOneMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingOneMember" xlink:to="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingOneMember_lbl_c95b3a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralOrdinaryAndExtraordinaryShareholdersMeetingOneMember_lbl_c95b3a" xml:lang="en-US">General Ordinary and Extraordinary Shareholders' Meeting One [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SharesBuybackProgramNewprogramIRSAMember" xlink:label="cresud_SharesBuybackProgramNewprogramIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SharesBuybackProgramNewprogramIRSAMember" xlink:to="cresud_SharesBuybackProgramNewprogramIRSAMember_lbl_b360d7" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SharesBuybackProgramNewprogramIRSAMember_lbl_b360d7" xml:lang="en-US">Shares Buyback Program New program IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_CommonSharesPerValue" xlink:label="cresud_CommonSharesPerValue" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_CommonSharesPerValue" xlink:to="cresud_CommonSharesPerValue_lbl_84475a" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_CommonSharesPerValue_lbl_84475a" xml:lang="en-US">Common stock per shares</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ReceivedCommonShares" xlink:label="cresud_ReceivedCommonShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ReceivedCommonShares" xlink:to="cresud_ReceivedCommonShares_lbl_4eb5c6" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ReceivedCommonShares_lbl_4eb5c6" xml:lang="en-US">Receive common shares from IRSA</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:label="ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:to="ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_lbl_5f3f21" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_lbl_5f3f21" xml:lang="en-US">Converted warrants</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WarrantReserve" xlink:label="ifrs-full_WarrantReserve" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WarrantReserve" xlink:to="ifrs-full_WarrantReserve_lbl_429fa2" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WarrantReserve_lbl_429fa2" xml:lang="en-US">Common stock per shares Receive common shares from IRSA</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl_9bbaea" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl_9bbaea" xml:lang="en-US">Options remained unexercised</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_ShareBasedPaymentArrangementNumberOfOptionsExpired" xlink:label="cresud_ShareBasedPaymentArrangementNumberOfOptionsExpired" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_ShareBasedPaymentArrangementNumberOfOptionsExpired" xlink:to="cresud_ShareBasedPaymentArrangementNumberOfOptionsExpired_lbl_eb6313" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_ShareBasedPaymentArrangementNumberOfOptionsExpired_lbl_eb6313" xml:lang="en-US">Options expired</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsRecognisedAsDistributionsToOwners" xlink:label="cresud_DividendsRecognisedAsDistributionsToOwners" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsRecognisedAsDistributionsToOwners" xlink:to="cresud_DividendsRecognisedAsDistributionsToOwners_lbl_e8d19f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsRecognisedAsDistributionsToOwners_lbl_e8d19f" xml:lang="en-US">Dividend attributable to the Group</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DividendsRecognisedAsDistributionToOwners" xlink:label="cresud_DividendsRecognisedAsDistributionToOwners" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DividendsRecognisedAsDistributionToOwners" xlink:to="cresud_DividendsRecognisedAsDistributionToOwners_lbl_08d716" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DividendsRecognisedAsDistributionToOwners_lbl_08d716" xml:lang="en-US">Dividend amount</link:label>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid" xlink:label="ifrs-full_DividendsPaid" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_lbl_94fc08" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaid_lbl_94fc08" xml:lang="en-US">Payment of dividend in cash</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl_8fe666" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InterestPayable_lbl_8fe666" xml:lang="en-US">Payable in cash</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionpartialCapitalizationOfTheIssuePremiumAccount" xlink:label="cresud_DescriptionpartialCapitalizationOfTheIssuePremiumAccount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionpartialCapitalizationOfTheIssuePremiumAccount" xlink:to="cresud_DescriptionpartialCapitalizationOfTheIssuePremiumAccount_lbl_9a79bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionpartialCapitalizationOfTheIssuePremiumAccount_lbl_9a79bc" xml:lang="en-US">Partial capitalization of the issue premium account description</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralOrdinaryandExtraordinaryShareholdersIRSAMember" xlink:label="cresud_GeneralOrdinaryandExtraordinaryShareholdersIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralOrdinaryandExtraordinaryShareholdersIRSAMember" xlink:to="cresud_GeneralOrdinaryandExtraordinaryShareholdersIRSAMember_lbl_ce56b1" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralOrdinaryandExtraordinaryShareholdersIRSAMember_lbl_ce56b1" xml:lang="en-US">General Ordinary and Extraordinary Shareholders IRSA[Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_GeneralOrdinaryandExtraordinaryShareholdersCRESUDMember" xlink:label="cresud_GeneralOrdinaryandExtraordinaryShareholdersCRESUDMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_GeneralOrdinaryandExtraordinaryShareholdersCRESUDMember" xlink:to="cresud_GeneralOrdinaryandExtraordinaryShareholdersCRESUDMember_lbl_28ff2b" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_GeneralOrdinaryandExtraordinaryShareholdersCRESUDMember_lbl_28ff2b" xml:lang="en-US">General Ordinary and Extraordinary Shareholders CRESUD[Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AfterReportingPeriodMember" xlink:label="cresud_AfterReportingPeriodMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AfterReportingPeriodMember" xlink:to="cresud_AfterReportingPeriodMember_lbl_6d0f69" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AfterReportingPeriodMember_lbl_6d0f69" xml:lang="en-US">After Reporting Period [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesXLIXNotesMember" xlink:label="cresud_SeriesXLIXNotesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesXLIXNotesMember" xlink:to="cresud_SeriesXLIXNotesMember_lbl_c5e033" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesXLIXNotesMember_lbl_c5e033" xml:lang="en-US">Series XLIX Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_SeriesXLIVNotesMember" xlink:label="cresud_SeriesXLIVNotesMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesXLIVNotesMember" xlink:to="cresud_SeriesXLIVNotesMember_lbl_d31a99" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_SeriesXLIVNotesMember_lbl_d31a99" xml:lang="en-US">Series XLIV Notes [Member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_SeriesLIIINotesMember" xlink:to="cresud_SeriesLIIINotesMember_lbl_04af5c" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_SeriesLIIINotesMember_lbl_04af5c" xml:lang="en-US">Series LIII Notes [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_RelatedPartyTransactionIRSAMember" xlink:label="cresud_RelatedPartyTransactionIRSAMember" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_RelatedPartyTransactionIRSAMember" xlink:to="cresud_RelatedPartyTransactionIRSAMember_lbl_08b25d" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_RelatedPartyTransactionIRSAMember_lbl_08b25d" xml:lang="en-US">Related Party Transaction - IRSA [Member]</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfInterestPayable" xlink:label="cresud_DescriptionOfInterestPayable" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfInterestPayable" xlink:to="cresud_DescriptionOfInterestPayable_lbl_b78f6f" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfInterestPayable_lbl_b78f6f" xml:lang="en-US">Description of interest payable</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AggregatePrincipalAmount" xlink:to="cresud_AggregatePrincipalAmount_lbl_c73133" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="cresud_AggregatePrincipalAmount_lbl_c73133" xml:lang="en-US">Aggregate principal amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_FixedInterestRateOfPrincipalAmount" xlink:label="cresud_FixedInterestRateOfPrincipalAmount" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_FixedInterestRateOfPrincipalAmount" xlink:to="cresud_FixedInterestRateOfPrincipalAmount_lbl_7b0759" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_FixedInterestRateOfPrincipalAmount_lbl_7b0759" xml:lang="en-US">Bearing fixed interest rate of principal amount</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfExchangeAgreement" xlink:label="cresud_DescriptionOfExchangeAgreement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfExchangeAgreement" xlink:to="cresud_DescriptionOfExchangeAgreement_lbl_dc224e" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfExchangeAgreement_lbl_dc224e" xml:lang="en-US">Description of exchange agreement</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_AdvancePaymentsForTheAcquisitionOfRealEstateProperties" xlink:label="cresud_AdvancePaymentsForTheAcquisitionOfRealEstateProperties" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_AdvancePaymentsForTheAcquisitionOfRealEstateProperties" xlink:to="cresud_AdvancePaymentsForTheAcquisitionOfRealEstateProperties_lbl_d15645" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_AdvancePaymentsForTheAcquisitionOfRealEstateProperties_lbl_d15645" xml:lang="en-US">Advance payments for the acquisition of real estate properties</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DescriptionOfBarterAgreement" xlink:label="cresud_DescriptionOfBarterAgreement" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DescriptionOfBarterAgreement" xlink:to="cresud_DescriptionOfBarterAgreement_lbl_3731bc" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DescriptionOfBarterAgreement_lbl_3731bc" xml:lang="en-US">Description of barter agreement</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_InvestmentApprovedByIRSAInCashOrKind" xlink:label="cresud_InvestmentApprovedByIRSAInCashOrKind" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_InvestmentApprovedByIRSAInCashOrKind" xlink:to="cresud_InvestmentApprovedByIRSAInCashOrKind_lbl_6d2373" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_InvestmentApprovedByIRSAInCashOrKind_lbl_6d2373" xml:lang="en-US">Investment approved in cash</link:label>
    <link:loc xlink:type="locator" xlink:href="cresud-20260630.xsd#cresud_DistributionOfFutureDividend" xlink:label="cresud_DistributionOfFutureDividend" />
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cresud_DistributionOfFutureDividend" xlink:to="cresud_DistributionOfFutureDividend_lbl_7d61fd" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="cresud_DistributionOfFutureDividend_lbl_7d61fd" xml:lang="en-US">Distribution of future dividend</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_ShareholdersEquityAccordingToCorrespondingStatement" xlink:to="cresud_ShareholdersEquityAccordingToCorrespondingStatement_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_ShareholdersEquityAccordingToCorrespondingStatement_d">The amount refers to shareholders equity according to corresponding statement.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_PayrollAndSocialSecurityCurrentLiabilities" xlink:to="cresud_PayrollAndSocialSecurityCurrentLiabilities_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_PayrollAndSocialSecurityCurrentLiabilities_d">Represent amount of payroll and social security current liabilities.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest" xlink:to="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_ChangesInTheNetRealizableValueOfAgriculturalProductsAfterHarvest_d">The amount represents of changes in the net realizable value of agricultural products after harvest.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_InflationAdjustment" xlink:to="cresud_InflationAdjustment_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_InflationAdjustment_d">Inflation adjustment.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_FinancialResultsNet" xlink:to="cresud_FinancialResultsNet_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_FinancialResultsNet_d">Represents the information of disclosure of financial results, net.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_IncorporationByBusinessCombination" xlink:to="cresud_IncorporationByBusinessCombination_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_IncorporationByBusinessCombination_d">Incorporation by business combination.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_CurrencyTranslationAdjustment" xlink:to="cresud_CurrencyTranslationAdjustment_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_CurrencyTranslationAdjustment_d">The amount represents currency translation adjustment.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_DescriptionOfEquityInterest" xlink:to="cresud_DescriptionOfEquityInterest_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_DescriptionOfEquityInterest_d">It represents about the equity interest.</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:type="arc" xlink:from="cresud_BookValue" xlink:to="cresud_BookValue_d" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" xlink:label="cresud_BookValue_d">The disclosure of changes in book value of financial instruments recognized.</link:label>
  </link:labelLink>
</link:linkbase>
