Siyaram Silk Mills revenue rises 21% despite profit drop

Siyaram Silk Mills Limited reported revenue of ₹400 crores for Q1 FY26, up 21.1% from ₹331 crores the previous year, driven by its textile business.

However, profit after tax fell to ₹5 crores from ₹12 crores in Q1 FY25, with the profit margin dropping to 1.1%. EBITDA also declined to ₹33 crores from ₹34 crores, despite the revenue increase.

The company opened 7 new stores during the quarter, bringing its total to 26 stores.