Sai Silks (Kalamandir) Limited — Important, 02-04-2025: General Updates

Sai Silks (Kalamandir) Limited has announced a board meeting to discuss the business update for Q4 FY25 and FY25. The company reported a turnover of approximately ₹399 Cr for Q4 FY25, an 11% QoQ increase, with FY25 turnover at ₹1,462 Cr, showing 6.43% YoY growth. During the quarter, two new stores were opened, increasing the total store count to 68. Additionally, tax demand notices amounting to ₹20.87 Cr were received for prior fiscal years, though no significant operational impact is anticipated, as the company does not expect material effects on cash flows. Investor sentiment may reflect a positive outlook due to operational growth, tempered by the tax liabilities.