Shares of Siyaram Silk Mills tumbled nearly 5% in Wednesday’s trade following the release of its Q1FY26 earnings. The stock opened at ₹680.95 but fell sharply, hitting an intraday low of ₹628.60. As of 9:41 AM, the shares were trading 5.09% lower at Rs 643.15.
While the company reported a solid 26.9% year-on-year increase in consolidated revenue to ₹389 crore (from ₹307 crore), the overall financial performance left investors concerned. EBITDA rose to ₹20.8 crore from ₹9.7 crore, improving margins to 5.3% versus 3.1% in the same quarter last year.
However, what weighed heavily on the stock was the steep 59.7% decline in net profit, which fell to ₹4.6 crore compared to ₹11.5 crore a year ago.
Over the past 52 weeks, Siyaram Silk’s stock has seen significant volatility — hitting a high of ₹1,175 and a low of ₹465.50.
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