Sai Silks (Kalamandir) Limited — Important, 02-07-2025: General Updates

Kalamandir reported a 42% jump in Q1 turnover to ₹379 Cr from ₹267 Cr year-on-year. The company opened its 69th store, a 10,300 sqft Kanchipuram Varamahalakshmi Silks outlet in Davanagere, Karnataka. Expansion continues with new stores underway in Tirupati (AP), Vellore (TN), Mysore (KA), and a Kalamandir outlet in Nizampet, Hyderabad (TS). Strong revenue growth coupled with accelerated store openings signals robust demand and aggressive market penetration.