Siyaram Silk Mills Limited announced a 21.1% year-on-year increase in total income to ₹400 crore for Q1 FY26. The company plans to open approximately 35 new stores across its brand portfolio by fiscal year-end, with 7 stores already launched in Q1. Despite revenue growth, EBITDA slightly declined by 4.5% to ₹33 crore, and PAT decreased by 61.7% to ₹5 crore. The company's revenue mix comprised 76% fabric, 13% garments, and 11% yarn & others. Management anticipates improved consumer demand in the upcoming festive season.
29Jul 25
Siyaram Silk Mills Reports 26.7% Revenue Growth in Q1
Siyaram Silk Mills Limited announced Q1 financial results with standalone revenue increasing 26.7% to ₹388.50 crore. However, profit declined 61.7% to ₹4.60 crore. Consolidated results showed similar trends with revenue up 27.0% but profit down 59.7%. The company faced cost pressures and inventory changes. Management is focusing on cost optimization to address profitability challenges while maintaining revenue growth.
Siyaram Silk Mills released Q4 results showing significant growth. Net profit increased 4.35% to ₹720.00 million, while revenue rose 14.37% to ₹7.40 billion. EBITDA grew 10% to ₹1.10 billion, though EBITDA margin slightly decreased to 14.86%. The company announced a dividend of ₹5.00 per share.