Textiles company Siyaram Silk Mills announced Q1FY26 results Total Income for Q1FY26 amounted to Rs 400 crore, compared to Rs 331 crore in Q1FY25, reflecting a YoY growth of 21.1%. In Q1FY26, Other income includes Rs 1 crore towards government grants (Rs 13 crore in Q1FY25) contributing to the total income. EBITDA for Q1FY26 stood at Rs 33 crore as compared to Rs 34 crore in Q1FY25, with the EBITDA margin reaching to 8.2%. Profit After Tax (PAT) for Q1FY26 stood at Rs 5 crore, compared to Rs 12 crore in Q1FY25, with the PAT margin at 1.1%. In Q1FY26, we opened 4 ZECODE and 3 DEVO stores. Total stores opened as of Q1FY26 is 16 ZECODE and 10 DEVO stores. Target to open total ~ 35 stores under both brands during FY26 remains intact. Gaurav Poddar, Executive Director, Siyaram Silk Mills said: “In Q1FY26, demand in the Retail segment remained largely flat, influenced by the early onset of the monsoon which affected typical seasonal buying behaviour and spending patterns. We continue to make steady progress on our expansion strategy, opening 4 ZECODE and 3 DEVO stores in Q1FY26, taking the total to 16 ZECODE and 10 DEVO stores as of Q1FY26. Our target to open ~35 stores across both brands by FY26 remains on track. These stores will be funded through internal accruals. Our financial performance in Q1FY26 reflected total income at Rs 400 crore up from Rs 331 crore in Q1FY25. The revenue mix for Q1FY26 comprised Fabric at 76%, Garments at 13%, and Yarn & Others at 11%. We reported an EBITDA of Rs 33 crore, resulting in an EBITDA margin of 8.2%, while Profit After Tax (PAT) stood at Rs 5 crore with a PAT margin of 1.1%. We anticipate a rebound in consumer demand in the months ahead, driven by the upcoming festive season. As consumer sentiment improves, we remain confident in our ability to deliver stronger performance and create long-term value for all stakeholders.” Result PDF