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.