Siyaram Silk Mills (SIYSIL) reported Q3 FY26 total income of ₹638.9 Cr, a 9% rise year-on-year.

However, net profit after tax (PAT) saw a 9% decline to ₹41.9 Cr.

For the first nine months of FY26, total income grew 15.3% to ₹1782 Cr, with PAT up 5.7% to ₹133.5 Cr.

Fabric sales led the revenue mix at 78%. The company is strategically expanding its retail footprint with new brands ZECODE (fast fashion) and DEVO (ethnic wear), targeting urban youth and traditional wear markets.

In Q3 FY26, Siyaram added 2 ZECODE stores (total 25) and 5 DEVO stores (total 17). A key development is the proposed bonus issue of cumulative non-convertible redeemable preference shares (CNCRPS) to shareholders, totaling ₹318 Cr, with redemption in 3 and 5 years.

Management noted fluctuating consumer demand post-festive season but anticipates future demand to be supported by macroeconomic stability and controlled inflation, fueling consumption.

The company continues its focused, high-quality retail expansion.