Sai Silks (Kalamandir) Limited (SSKL), a South India-focused ethnic apparel retailer, reported a decline in revenue and profit for the third quarter ended Dec. 31, 2025, as weaker festive demand and higher operating costs weighed on performance.<\/p>\n\n\n\n
Versus Q3 2025:<\/p>\n\n\n\n
\u25cf Revenue from operations fell 8.3% to \u20b94.11 billion.<\/p>\n\n\n\n
\u25cf EBITDA declined to \u20b9702 million with margin narrowing to about 17.1%.<\/p>\n\n\n\n
\u25cf PAT fell 17.1% to \u20b9381 million.<\/p>\n\n\n\n
Quarterly decline was attributed to a high base effect, softer discretionary spending, and increased promotional activity during the festive season.<\/p>\n\n\n\n
Employee costs increased year-on-year due to store additions. Store operating expenses rose in line with network expansion. Promotional spending increased during the quarter. Inventory ageing improved compared with the prior year period.<\/p>\n\n\n\n
\u25cf Operates multiple ethnic retail formats with strong presence in South Indian saree market<\/p>\n\n\n\n
\u25cf Omni-channel sales model in operation<\/p>\n\n\n\n
\u25cf ERP-driven inventory management with centralized warehousing infrastructure<\/p>\n\n\n\n
As of Dec. 31, 2025, Sai Silks operated stores across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Puducherry with store count increasing steadily over the past 3 financial years.<\/p>\n\n\n\n
Expansion was concentrated in existing geographic markets and store formats remain unchanged. New stores were added primarily under the Kalamandir and KLM Fashion Mall formats.<\/p>\n\n\n\n
\u25cf Wedding and regional festival calendars remain key demand drivers.<\/p>\n\n\n\n
\u25cf Store productivity remains a core operating metric.<\/p>\n\n\n\n
\u25cf Inventory turnover and cost discipline remain focus areas.<\/p>\n\n\n\n
\u25cf Digital channels continue to support physical retail operations.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sai Silks (Kalamandir) Limited (SSKL), a South India-focused ethnic apparel retailer, reported a decline in revenue and profit for the third quarter ended Dec. 31, 2025, as weaker festive demand and higher operating costs weighed on performance. Results Versus Q3 2025: \u25cf Revenue from operations fell 8.3% to \u20b94.11 billion. \u25cf EBITDA declined to \u20b9702 […]<\/p>\n","protected":false},"author":2379,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[85,1941,5],"tags":[10169,14492,8145,12232,14561,14629],"class_list":["post-177196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail-stocks","category-stock-analysis","category-latest","tag-earnings","tag-financial-results","tag-retail","tag-retail-stores","tag-revenue-growth","tag-silks"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":164433,"url":"https:\/\/alphastreet.com\/india\/sai-silks-kalamandir-ltd-q1fy24-41-fall-in-profits\/","url_meta":{"origin":177196,"position":0},"title":"Sai Silks (Kalamandir) Ltd Q1FY24; 41% fall in Profits","author":"Chirag Gupta","date":"September 19, 2024","format":false,"excerpt":"Incorporated in 2005, Sai Silks (Kalamandir) Limited provides ethnic apparel and value-fashion products through its four store formats - \u2018Kalamandir\u2018, \u2018VaraMahalakshmi Silks\u2018, \u2018Mandir\u2018 and \u2018KLM Fashion Mall''. Financial Results: Sai Silks (Kalamandir) Ltd reported Revenues for Q1FY24 of \u20b9304.62 Crores down from \u20b9340.18 Crore year on year, a fall of\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-70.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":176221,"url":"https:\/\/alphastreet.com\/india\/sai-silks-kalamandir-limited-kalamandir-q2-2025-earnings-call-transcript\/","url_meta":{"origin":177196,"position":1},"title":"Sai Silks (Kalamandir) Limited (KALAMANDIR) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Sai Silks (Kalamandir) Limited (NSE: KALAMANDIR) Q2 2025 Earnings Call dated Nov. 05, 2024 Corporate Participants: Rachamadugu Balaji Bharadwaj \u2014 Senior Vice President K.V.L.N. Sarma \u2014 Chief Financial Officer Analysts: Jay Pankaj Gandhi \u2014 Analyst Ruchil \u2014 Analyst Dhairya Trivedi \u2014 Analyst Ashish \u2014 Analyst Manas \u2014 Analyst Akshat Bairathi\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176213,"url":"https:\/\/alphastreet.com\/india\/sai-silks-kalamandir-limited-kalamandir-q1-2026-earnings-call-transcript\/","url_meta":{"origin":177196,"position":2},"title":"Sai Silks (Kalamandir) Limited (KALAMANDIR) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Sai Silks (Kalamandir) Limited (NSE: KALAMANDIR) Q1 2026 Earnings Call dated Jul. 26, 2025 Corporate Participants: Unidentified Speaker Rachamadugu Balaji Bharadwaj \u2014 Senior Vice President, (IT & E-Commerce) K.V.L.N. Sarma \u2014 Chief Financial Officer Analysts: Unidentified Participant Bala Murali Krishnan \u2014 Analyst Raj \u2014 Analyst CA Garvit \u2014 Analyst Piyush\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180049,"url":"https:\/\/alphastreet.com\/india\/sula-vineyards-limited-posts-lower-q3-fy26-profit-as-tactical-destocking-hits-margins-wine-tourism-revenue-rises\/","url_meta":{"origin":177196,"position":3},"title":"Sula Vineyards Limited posts lower Q3 FY26 profit as tactical destocking hits margins; wine tourism revenue rises","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Sula Vineyards Limited (NSE: SULA, BSE: 543711) reported lower profit for the quarter ended Dec. 31, 2025, as one-time tactical destocking in Karnataka and an adverse market mix weighed on revenue and margins, while wine tourism delivered strong growth, according to the company\u2019s Q3 & 9M FY26 investor presentation. Q3\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178436,"url":"https:\/\/alphastreet.com\/india\/ufo-moviez-reports-lower-revenue-and-profit-in-q3-fy26-amid-decline-in-advertising-income\/","url_meta":{"origin":177196,"position":4},"title":"UFO Moviez reports lower revenue and profit in Q3 FY26 amid decline in advertising income","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"UFO Moviez India Limited (BSE: 539141 \/ NSE: UFO) reported a decline in revenue and profitability in the quarter ended December 2025, driven primarily by lower in-cinema advertising income, according to its Q3 FY26 disclosures. The company reported consolidated revenue of \u20b91,319 million in Q3 FY26, down 5% year-on-year. EBITDA\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180813,"url":"https:\/\/alphastreet.com\/india\/baazar-style-retail-shares-fall-after-q3-results-show-rise-in-revenue-and-drop-in-profit\/","url_meta":{"origin":177196,"position":5},"title":"BAAZAR STYLE RETAIL SHARES FALL AFTER Q3 RESULTS SHOW RISE IN REVENUE AND DROP IN PROFIT","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"Baazar Style Retail Ltd (NSE: STYLEBAAZA, BSE: 544243) shares closed at approximately \u20b9354 on Friday, down around 1.0 % from the prior session\u2019s close. The intraday range on the BSE was between \u20b9360.5 and \u20b9344.0. As of Friday\u2019s closing, Baazar Style Retail\u2019s market capitalization stood near \u20b92,640 crore. Latest Quarterly\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2379"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177196"}],"version-history":[{"count":7,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177196\/revisions"}],"predecessor-version":[{"id":177210,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177196\/revisions\/177210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}