Sai Silks (Kalamandir) reported Q1 FY27 revenue from operations at ₹375.08 Cr, a slight dip of 1.04% year-over-year (YoY) and a 10.50% quarter-over-quarter (QoQ) decline.
Profit after tax (PAT) stood at ₹25.64 Cr, decreasing 14.69% YoY and 21.45% QoQ.
The company maintains a strong South India presence, with sarees as a key revenue driver.
The company's strategy involves a cluster-based expansion for market reach and a seamless omnichannel experience via 83 physical stores and online platforms across 25 states.
Technology, including in-house ERP and AI/ML, optimizes its supply chain and inventory management.
Sai Silks also expanded its brand portfolio with the 2025 launch of 'VALLI'. Key Q1 FY27 financials: Revenue ₹375.08 Cr, PAT ₹25.64 Cr.
Margins were robust with Gross Margin at 41.93%, EBITDA Margin at 13.83%, and PAT Margin at 6.84%. The outlook is underpinned by strategic expansion, tech-driven efficiencies, and favorable industry trends like a growing female population and the shift towards organized retail in the wedding and festive saree market.
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