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.

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.

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.

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.

Sai Silks (Kalamandir) Limited has officially launched its 79th retail store in Kakinada, Andhra Pradesh, under the Valli Silks brand format. The company informed stock exchanges about this expansion through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Store Launch Details

The new outlet commenced operations on December 19, 2025, marking another milestone in the company's retail expansion strategy. The following table summarizes the key details of this store opening:

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about the store launch. The communication was signed by M.K. Bhaskara Teja, Company Secretary and Compliance Officer, ensuring proper regulatory compliance for this business expansion.

Strategic Market Expansion

The Kakinada store opening demonstrates Sai Silks (Kalamandir) Limited's commitment to strengthening its presence in Andhra Pradesh. Kakinada, being a significant commercial center in the state, aligns with the company's strategy of establishing stores in key urban markets across South India.

Brand Portfolio Growth

The new outlet operates under the Valli Silks brand, which forms part of the company's diversified retail brand portfolio. This brand positioning allows the company to cater to specific market segments and customer preferences in different geographical regions, supporting its overall retail expansion strategy.