Siyaram Q1 Profit Drops, Focuses on Retail

  Published 10 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.

You might like these

Infosys Narrows FY26 Growth Outlook

GOCL Shares Slip 3.3% After Large Sale

Apple WWDC25: New Features AI, and OS Updates

Welspun Q1 Revenue Jumps 24%

Trump Tariff Sparks India-U.S. Trade Row

India Hospital Stocks Up After Rate Hike

Navkar Q2 FY26 Revenue & EBITDA Growth

News that matters the most ⚡