Sai Silks (Kalamandir) Q2 FY27: revenue down 2.3% to ₹434 Cr, net profit down 22.5% to ₹31 Cr
Results · Finvezto · 4 Nov 2026 · Sai Silks (Kalamandir) (KALAMANDIR)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 434 | - | -2.3% |
| Operating profit | 62 | - | -14.5% |
| Net profit | 31 | - | -22.5% |
| Operating margin | 14.2% | - | -2.0 pp |
| Net margin | 7.2% | - | -1.9 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Q2 FY27 revenue declined 2.3% year-on-year to INR 434 crore with PAT at INR 31 crore, while gross margin improved by 20 basis points to 42%. Earnings call
- Subdued discretionary demand and the calendar shift of Dussehra into October impacted same-store sales growth, which declined 10.6% in Q2 FY27. Earnings call
- Management maintained its full-year FY27 revenue guidance of INR 1,850 crore to INR 1,900 crore, expecting a strong recovery in the second half. Earnings call
What to watch
- Management on full year revenue target: See, last time when we mentioned that somewhere between INR 1,850 crore and INR 1,900 crore is where we should end up at, and we're sticking to that.
- Management on h2 projections: So, we can confidently say that we will stick to our original projections that we have given at the beginning despite the small setback in H1.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.