Latest news about Saraswati Saree Depot
Saraswati Saree Depot
56.83
+1.85(+3.36%)
Company Performance:
View Company Insights1D+3.36%
1M-6.94%
6M-29.67%
1Y-43.95%
5Y-72.10%
More news about Saraswati Saree Depot
19Feb 26
Saraswati Saree Depot Releases Q3FY26 Investor Presentation with Detailed Results
Saraswati Saree Depot Limited has released its comprehensive investor presentation for Q3FY26 under SEBI Regulation 30, detailing quarterly revenue of ₹144.47 crore and nine-month performance showing 4.3% growth. The presentation includes management commentary on seasonal softness, margin pressures, and expectations for Q4FY26 recovery driven by wedding season demand.
14Feb 26
Saraswati Saree Depot Limited Submits Q3FY26 Monitoring Agency Report Under SEBI Regulations
Saraswati Saree Depot Limited has submitted its Q3FY26 monitoring agency report showing 99.59% utilization of IPO proceeds. Out of ₹1,039.97 million gross proceeds from the August 2024 IPO, ₹1,035.74 million has been utilized for working capital and issue expenses, with only ₹4.23 million remaining unutilized. The CRISIL report confirms full compliance with SEBI regulations and proper fund deployment according to offer document objectives.
20Jan 26
Saraswati Saree Depot Limited Schedules Board Meeting for February 14, 2026 to Approve Q3FY26 Financial Results
Saraswati Saree Depot Limited has scheduled a board meeting for February 14, 2026, at 4:00 PM to approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The announcement, made on January 20, 2026, complies with SEBI regulations and the Companies Act 2013. The trading window remains closed since December 26, 2025, and will continue until 48 hours after the financial results declaration.
03Jan 26
Saraswati Saree Depot Secures 99.95% Shareholder Approval for Real Estate Expansion
Saraswati Saree Depot Limited achieved overwhelming shareholder support with 99.95% votes in favor for its strategic expansion into real estate development. The postal ballot process, conducted through remote e-voting from December 2, 2025 to January 1, 2026, received 22,978,212 favorable votes against only 12,543 opposing votes, enabling the company to diversify beyond its traditional textile business.
17Nov 25
Saraswati Saree Depot Reports 26.5% Revenue Growth in Q2FY26
Saraswati Saree Depot Limited announced strong Q2 FY26 results with revenue from operations increasing 26.5% YoY to Rs. 208.39 crore. EBITDA grew 14.1% to Rs. 14.06 crore, while PAT rose 9.9% to Rs. 10.51 crore. The company maintained its debt-free status with cash reserves of Rs 31.32 crore. Growth was attributed to strong Utsav segment sales and early festive season demand. The company also expanded operations with a new 25,000 sq ft purchase office in Surat.
15Nov 25
Saraswati Saree Depot Reports Strong Q2 Performance, Approves Real Estate Business Expansion
Saraswati Saree Depot Limited (SSDL) reported robust Q2 FY2026 results with revenue up 26.49% to ₹2,083.91 million and profit after tax increasing 9.85% to ₹105.09 million. The company announced plans to diversify into real estate development, with the Board approving changes to its Memorandum of Association. SSDL has fully utilized its IPO proceeds of ₹1,039.97 million for working capital and corporate purposes. The company's total assets grew by 30.88% to ₹3,794.64 million in the six months since the previous fiscal year end.
18Aug 25
Saraswati Saree Depot Reports 11.1% Revenue Growth in Q1 FY26, Expands into Retail and Men's Ethnic Wear
Saraswati Saree Depot Limited (SSDL) reported robust Q1 FY26 results with revenue growth of 11.1% YoY to ₹144.77 crore and EBITDA increase of 14.4% to ₹8.98 crore. The company launched its first retail outlet in Kolhapur, introduced a WhatsApp store for digital engagement, and initiated a pilot for men's ethnic wear. SSDL's strategic initiatives aim to drive growth while maintaining focus on its core B2B wholesale business in traditional women's apparel.
16Aug 25
Saraswati Saree Depot Reports 11.1% Revenue Growth in Q1, Expands into Retail
Saraswati Saree Depot Limited (SSDL) reported strong Q1 results with revenue up 11.1% to Rs. 144.77 crore. EBITDA increased by 14.4% to Rs. 8.98 crore, while PAT grew 4.1% to Rs. 6.35 crore. The company launched its first retail outlet in Kolhapur, introduced a WhatsApp store, and initiated a pilot sale in men's ethnic wear. SSDL's product catalog now includes over 300,000 SKUs. Management remains confident about capitalizing on upcoming festive and wedding seasons.
14Aug 25
SSDL Reports 11% Revenue Growth in Q1, Appoints New Independent Director
Saraswati Saree Depot Limited (SSDL) announced Q1 financial results with revenue from operations at ₹1,447.71 crore, up 11% year-on-year. Net profit increased by 4.13% to ₹63.52 crore. The company declared an interim dividend of ₹1.515 per equity share. SSDL appointed Mrs. Pallavi Korgaonkar as an Independent Director and scheduled its 5th Annual General Meeting for September 25. The company operates in the apparel business and holds a 50% share in a partnership firm, 'Saraswati Saree Depot' in Ahmednagar.
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