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''. 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