Sai Silks (Kalamandir) Expects Q3 Revenue Decline to ₹4.10 Billion

Sai Silks (Kalamandir) has announced its revenue expectations for the third quarter, projecting a decline compared to the same period last year. The retail company anticipates generating ₹4.10 billion in revenue during Q3, down from ₹4.50 billion achieved in the corresponding quarter of the previous year.

Financial Performance Overview

The projected revenue figures indicate a challenging quarter for the company, with expectations pointing to a significant year-on-year decline. The anticipated decrease represents a substantial shift in the company's financial trajectory.

Metric:	Q3 Current Year	Q3 Previous Year	Change
Revenue:	₹4.10 billion	₹4.50 billion	-₹0.40 billion
YoY Change:	-	-	-8.89%

Revenue Analysis

The expected revenue of ₹4.10 billion marks a decrease of ₹0.40 billion from the previous year's Q3 performance. This translates to an 8.89% year-on-year decline, suggesting potential headwinds in the retail sector or company-specific challenges affecting sales performance.

The company's revenue projection provides insight into the current market dynamics and operational environment facing the textile and retail industry. The anticipated decline may reflect broader market conditions or strategic adjustments within the company's business operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.29%	-0.67%	-4.91%	-0.26%	-9.91%	-37.77%

Sai Silks (Kalamandir) Limited has announced its business update for Q3FY26, reporting mixed quarterly performance while maintaining its expansion momentum through strategic store additions across multiple retail formats.

Financial Performance Overview

The company's quarterly financial performance showed a decline compared to the previous year, while nine-month results demonstrated growth trajectory.

Period	FY26	FY25	Change
Q3 Turnover	₹411 crores	₹449 crores	-8.46%
9-Month Turnover	₹1,235 crores	₹1,063 crores	+16.18%

Despite the quarterly decline, the nine-month performance indicates strong year-to-date growth, with turnover increasing by ₹172 crores compared to the corresponding period in FY25.

Store Expansion During Q3FY26

The company maintained its expansion strategy during the quarter by opening five new retail outlets across two key formats. The expansion included strategic additions to both premium and accessible retail segments.

Store Format	Number of Stores	Total Area (sq. ft.)
Kanchipuram Varamahalakshmi Silks	1	7,040
Valli Silks	4	13,506
Total Q3FY26	5	20,546

Nine-Month Expansion Summary

For the nine-month period ended December 2025, Sai Silks (Kalamandir) demonstrated significant expansion across both retail formats, adding substantial retail space to its network.

Store Format	Stores Added	Total Area (sq. ft.)
Kanchipuram Varamahalakshmi Silks	3	26,600
Valli Silks	8	27,922
Total 9-Month Period	11	54,522

The expansion strategy reflects the company's focus on strengthening its presence across different market segments, with the Kanchipuram Varamahalakshmi Silks format targeting premium customers and Valli Silks catering to broader market segments.

Regulatory Compliance

The business update was shared in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has made this information available on its official website for stakeholder access and transparency.