Sai Silks Ltd reports 6 percent rise in revenue for FY 2024/25

Ethnic apparel retailer Sai Silks Kalamandir Ltd reported a 6 percent increase in revenue to Rs 1,462 crore ($170.5 million) for the financial year 2024-25, as against Rs 1,374 crore in the previous fiscal year.

The company’s revenue for the fourth quarter rose by 11 percent to Rs 399 crore, as against Rs 359 crore in the corresponding quarter of the previous fiscal year.

During the quarter, the company opened two new stores under the brand of ‘Kanchipuram Varamahalakshmi Silks’ at Trichy and Tumakuru.

The total store count stood at 68 with a total of 7,00,928 sq ft as on 31st March 2025.

SSKL operates through four different format stores, namely Kalamandir, Mandir, Varamahalakshmi Silks, and KLM Fashion Mall.

It retails through e-commerce channels that includes their online stores and multi-brand e-commerce marketplaces.