Sai Silks (Kalamandir) Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting

The Board of Directors has approved the unaudited financial results for the quarter ended December 31, 2024, detailing significant revenue growth. Total income reached ₹448.56 Cr, with a profit before tax of ₹61.53 Cr. The company plans to utilize IPO funds to establish new showrooms in various states and Union Territories, reflecting a strategic expansion approach. Additionally, a certified Limited Review Report by statutory auditors was presented at the meeting, confirming compliance with financial reporting standards. Overall, the outcomes suggest a positive trajectory for growth and operational developments.