Siyaram Silk Mills Limited — Updates, 29-07-2025: Press Release

Siyaram Silk Mills (SIYSIL) announced financial results for the latest quarter, with Total Income up 21.1% YoY to ₹400 Cr. However, EBITDA declined 4.5% to ₹33 Cr, and PAT dropped 61.7% to ₹5 Cr, partly due to lower government grants. The company continues its retail expansion, opening 7 new ZECODE and DEVO stores, with a target of 35 new stores for the current fiscal year, funded by internal accruals. Management expects a demand rebound in upcoming festive seasons.