Siyaram Q1 Profit Drops, Focuses on Retail

  Published 8 months ago

Siyaram Silk Mills’ Q1 FY26 PBT fell 58.2% YoY to Rs 6.41 crore despite steady retail expansion efforts.

  • EBITDA declined 4.5% YoY to Rs 33 crore, with margin slipping to 8.2% from 10.3% last year.
  • 7 new stores opened in Q1; the target of 35 stores for FY26 across ZECODE and DEVO remains unchanged.
  • Q1 revenue rose to Rs 400 crore; retail demand flat due to early monsoon, festive rebound expected ahead.

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