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Saraswati Saree Depot Limited ( (IN:SSDL) ) has issued an announcement.
Saraswati Saree Depot Limited reported its unaudited financial results for the first quarter of FY26, showing a revenue increase of 11.1% to Rs. 144.77 crore compared to the previous year, driven by volume growth and increased wallet share from existing customers. EBITDA rose by 14.4% to Rs. 8.98 crore, while PAT grew by 4.1% to Rs. 6.35 crore, despite a slight decline in PAT margin due to higher depreciation and interest expenses from operating leases. The company’s strategic digital expansion and entry into men’s ethnic wear are expected to bolster its market position.
More about Saraswati Saree Depot Limited
Saraswati Saree Depot Limited is a prominent organized saree wholesaler in India, with a rich history dating back to 1966. The company focuses on sarees and has recently expanded its market presence by entering the men’s ethnic wear segment and enhancing its digital footprint through a WhatsApp store.
Average Trading Volume: 7,015
Technical Sentiment Signal: Strong Sell
Current Market Cap: 3.69B INR
Find detailed analytics on SSDL stock on TipRanks’ Stock Analysis page.