Highlights
- Sai Silks reported Q1 FY27 turnover of Rs. 375 Cr, compared with Rs. 379 Cr a year ago.
- The company added around 30,000 sq. ft. of retail space during the quarter.
- Two new stores were opened in Karnataka as part of the expansion strategy.
Sai Silks (Kalamandir) Limited (NSE:KALAMANDIR) has shared its business update for the quarter ended June 30, 2026. The company stated that the financial and operational figures disclosed are subject to audit and limited review.
According to the filing, Sai Silks recorded a turnover of Rs. 375 Cr during the first quarter of FY 2026-27, compared with Rs. 379 Cr reported in the corresponding quarter of the previous financial year.
Quarterly Turnover Remains Near Prior-Year Level
The company reported turnover of Rs. 375 Cr for Q1 FY27 against Rs. 379 Cr in Q1 FY26. The business update reflects a marginal year-on-year decline in quarterly revenue.
The filing did not provide additional details regarding segment-wise performance or factors influencing turnover during the quarter.
Retail Network Expanded During the Quarter
As part of its ongoing expansion strategy, Sai Silks continued to increase its retail footprint during the quarter. The company added approximately 30,000 sq. ft. of retail space through the opening of two new stores in Karnataka.
According to the filing, the new outlets form part of the company's planned retail expansion initiatives.
Disclosure Made Under SEBI Regulations
The company submitted the business update to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sai Silks also stated that the business update is available on its investor relations website. The disclosure was signed by M. K. Bhaskara Teja, Company Secretary and Compliance Officer.
Key Risks
- Consumer spending trends may influence retail sales performance.
- Store expansion may require sustained demand to support new locations.
- Changes in input costs could affect operating performance.
- Regional economic conditions may influence retail footfall.
Summary
Sai Silks (Kalamandir) reported a turnover of Rs. 375 Cr for the quarter ended June 30, 2026, compared with Rs. 379 Cr in the corresponding quarter last year. During Q1 FY27, the company expanded its retail presence by opening two new stores in Karnataka, adding approximately 30,000 sq. ft. of retail space. The reported figures remain subject to audit and limited review.
FAQs
Q: What turnover did Sai Silks report for Q1 FY27?
A: Sai Silks reported a turnover of Rs. 375 Cr for the quarter ended June 30, 2026, subject to audit and limited review.
Q: How many new stores did Sai Silks open during the quarter?
A: The company opened two new stores in Karnataka during the first quarter of FY27.
Q: How much retail space was added during Q1 FY27?
A: Sai Silks added approximately 30,000 sq. ft. of retail space through its new store openings.