Sai Silks (Kalamandir) shares surged over 10% after the company posted an impressive set of numbers for the second quarter of FY26. The retailer reported a sharp 27.93% year-on-year jump in revenue from operations to ₹444.33 crore, while profit after tax rose 68.59% to ₹40.08 crore, reflecting robust demand and efficient operations.
For the first half of FY26, revenue stood at ₹823.35 crore, up nearly 34% year-on-year, and net profit soared 171% to ₹70.14 crore, highlighting the brand’s strong growth momentum. The company maintained healthy margins, with a gross margin of around 42% and an EBITDA margin of 16.2% for the quarter.
Sai Silks currently operates 74 stores across 22 cities, covering a total retail area of 7.5 lakh square feet, and continues to strengthen its presence in both offline and online markets. Its e-commerce platform now caters to customers across 25 states and six union territories. The company’s strong brand reputation was further cemented by several recent accolades, including the Retail Icon Award from The Times of India and the Pride of Telangana Award.
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