Siyaram Silk Mills Ltd reported a modest 4 per cent rise in net profit for the quarter ending 31st March 2025 , reaching Rs. 72 crore (US $ 8.5 million), up from Rs. 69 crore (US $ 8.08 million) a year earlier. The company also saw a strong 14 per cent jump in revenue, which grew to Rs. 736 crore (US $ 86.2 million) from Rs. 648 crore (US $ 75.9 million) in the same period last year.
For the entire financial year, Siyaram posted a net profit of Rs. 197 crore (US $ 23.1 million) based on revenue of Rs. 2,222 crore (US $260 million)
Executive Director Gaurav Poddar credited the company’s performance to better consumer sentiment in urban and rural India. He said in a statement that increased disposable incomes, softening inflation, and a positive economic climate were driving firmer demand. Poddar added that with private consumption growing, the sector is poised to keep pace with changing consumer expectations.
In the future, Poddar was bullish on growth prospects, pointing to a positive market environment and solid inventory strategies.
As part of its retail expansion, Siyaram opened 12 Zecode and 7 Devo stores in the fiscal year and will open 35 more outlets under both brands in FY ’26.
