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Sai Silks (Kalamandir) Ltd Q1FY24; 41% fall in Profits

Incorporated in 2005, Sai Silks (Kalamandir) Limited provides ethnic apparel and value-fashion products through its four store formats – ‘Kalamandir‘, ‘VaraMahalakshmi Silks‘, ‘Mandir‘ and ‘KLM Fashion Mall”.

Financial Results:

Sai Silks (Kalamandir) Ltd reported Revenues for Q1FY24 of ₹304.62 Crores down from ₹340.18 Crore year on year, a fall of 10.45%.

Total Expenses for Q1FY24 of ₹285.14 Crores down from ₹303.21 Crores year on year, a fall of 5.96%.

Consolidated Net Profit of ₹16.79 Crores down 41.21% from ₹28.56 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.33, down 41.15% from ₹2.26 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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