Siyaram Silk Mills delivered a strong Q1 FY27! **Business Performance:** Total income grew 16.4% YoY to 466.3 Cr, while Profit After Tax (PAT) jumped 144.4% to 11.2 Cr.
EBITDA also rose 22.3% to 39.9 Cr.
Fabric sales led revenue (71%), followed by Garments (19%). **Growth Drivers:** The company is strategically expanding its retail footprint with new brands ZECODE (fast fashion) and DEVO (ethnic wear), adding 5 new stores this quarter.
They also continue to strengthen their legacy business. **Shareholder Update:** A scheme to issue bonus cumulative non-convertible redeemable preference shares worth 318 Cr to existing shareholders has been approved. **Outlook:** Management sees an encouraging future, focusing on disciplined growth, quality locations, and sustainable profitability despite cautious consumer spending.
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