Sai Silks (Kalamandir) shares jumped 8% following a robust business update for the quarter ended June 2025. As of 13:50 PM, the shares were trading 8.23% higher at Rs 165.37.
The company reported a turnover of ₹379.02 crore in Q1 FY26, marking an impressive 42% rise from ₹267.29 crore in the same quarter last year. This growth reflects the brand’s continued momentum and expanding retail footprint.
In June 2025, Sai Silks opened its 69th store under the “Kanchipuram Varamahalakshmi Silks” brand in Davanagere, Karnataka. The store spans 10,300 square feet, reinforcing the company’s strategy of strengthening its presence in South India.
Additionally, multiple new store projects are in the pipeline, including upcoming outlets in Tirupati, Vellore, Mysore, and Hyderabad. These expansions are expected to further boost revenue and market reach. Investors responded positively, pushing the stock higher amid optimism around the company’s retail growth and financial performance.
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