Sai Silks (Kalamandir) Limited witnessed a sharp fall in its stock price on Friday, dropping over 4% despite reporting robust earnings for the first quarter of FY26. As of 1:45 PM, the stock hit an intraday low of ₹171.56, slipping from its previous close of ₹181.93 on the NSE.
The company reported a stellar financial performance for the quarter ended June 30, 2025. Total income surged to ₹384.71 crore in Q1 FY26, marking a solid 40% year-on-year jump compared to ₹274.03 crore in the same period last year. The net profit also saw a dramatic turnaround, rising to ₹30.06 crore from just ₹2.09 crore in Q1 FY25. On a sequential basis, profit more than doubled from ₹13.51 crore reported in Q4 FY25.
Sai Silks’ profit before tax came in at ₹40.24 crore, significantly higher than ₹2.81 crore a year ago. This strong bottom-line growth was aided by better inventory management, reflected in a positive inventory change of ₹50.29 crore, and stable other income.
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