Sai Silks (Kalamandir) reports strong Q2, half-year financials

Sai Silks (Kalamandir) Limited reported a significant increase in revenue from operations for Q2 FY226, reaching INR 444.33 Crores, up from INR 347.31 Crores in Q2 FY25. For the first half of FY26, revenue from operations stood at INR 823.35 Crores, compared to INR 614.61 Crores in H1 FY25. Net profit after tax also saw a healthy rise, reaching INR 40.08 Crores for Q2 FY26 and INR 70.14 Crores for H1 FY26. The company’s EBITDA for Q2 FY26 was INR 72.01 Crores, with a margin of 16.21%, and for H1 FY26, it was INR 129.14 Crores, with a margin of 15.68%.

The company’s board of directors approved these unaudited financial results at a meeting on October 27, 2025, along with the statement of assets and liabilities and cash flow statement for the half-year ended September 2025. As of September 30, 2025, Sai Silks (Kalamandir) operated 74 stores across 22 cities, covering a combined store area of approximately 7,50,064 sq. ft. Its brands, including Kalamandir, Mandir, Vara Mahalakshmi, KLM Fashion Mall, and Valli Silks, cater to diverse market segments in South India, supported by an omnichannel strategy with 7,570 daily website visits.

Key financial highlights for September 30, 2025, include total assets of INR 1,802.18 Crores, with non-current assets at INR 554.76 Crores and current assets at INR 1,247.41 Crores, which comprise INR 919.81 Crores in inventories. The company's total equity and liabilities stood at INR 1,802.18 Crores. Sai Silks (Kalamandir) continues its cluster-based expansion model, with a significant presence in Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Pondicherry.