Press Release

Date: August 18, 2026 To, To, National Stock Exchange of India Limited BSE Ltd Exchange Plaza, C-1, Block G, Phirozee Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East) Mumbai- 400051 BSE Scrip Code: 544230 NSE Scrip Code: SSDL Subject: Saraswati Saree Depot Ltd. announces the Un-audited financial results for Q1 & FY27 Dear Sir/ Madam, Please find attached Earnings Release regarding announcement of Un-audited financial results for Q1 & FY27. Thanking You, Yours Sincerely, For SARASWATI SAREE DEPOT LIMITED Vidhi Bharat Oswal Company Secretary & Compliance Officer Membership no.: A77054 Place: Kolhapur Date: August 18, 2026 Encl. As Above Q1 FY27 Earnings Release Saraswati Saree Depot Reports Q1 FY27 Revenue of ₹1,475.90 Million Revenue from Operations up 1.9% YoY to ₹1,475.90 Million, EBITDA down 13.1% to ₹78.03 Million, PAT increases by 4.0% to ₹66.05 Million Kolhapur, 14th August 2026: Saraswati Saree Depot Limited, one of India’s leading organized saree wholesalers with a rich history since 1966, announced its unaudited standalone financial results for the first quarter ended 30th June 2026. Key Standalone Financials: Particulars (₹ in Million) Q1 FY27 Q1 FY26 YoY % Q4 FY26 QoQ % Revenue from Operations 1,475.90 1,447.71 1.9% 1,335.33 10.5% EBITDA (Excluding Other Income) 78.03 89.83 (13.1%) 42.36 84.2% EBITDA Margin 5.29% 6.20% (92) Bps 3.17% 211 Bps PAT 66.05 63.52 4.0% 33.35 98.1% PAT Margin 4.48% 4.39% 9 Bps 2.50% 198 Bps EPS (₹) 1.70 1.61 5.6% 0.82 107.3% Performance Highlights for the Quarter Ended 30th June 2026: • Revenue from Operations stood at ₹1,475.90 Million, as against ₹1,447.71 Million in Q1 FY26 (up 1.9% YoY). • EBITDA (Excluding Other Income) stood at ₹78.03 Million compared to ₹89.83 Million in Q1 FY26, with EBITDA Margin at 5.29% ((92) Bps YoY). • Profit After Tax (PAT) stood at ₹66.05 Million compared to ₹63.52 Million in Q1 FY26, with PAT Margin at 4.48% (9 Bps YoY). • Earnings Per Share (EPS) stood at ₹1.70. • On a sequential basis, Revenue from Operations was up 10.5% over Q4 FY26 (₹1,335.33 Million). Management Comment: Commenting on the performance, Mr. Rajesh Dulhani, Chairman & Executive Director of Saraswati Saree Depot Ltd. said: "Saraswati Saree Depot began FY27 with a steady quarter. Revenue from Operations for Q1 FY27 stood at ₹1,475.90 million, growth of 1.9% over Q1 FY26, reflecting the strength of our wholesale network and the trust our customers continue to place in us. Our extensive wholesale network, diversified supplier base and strong market presence continue to underpin business momentum across our key markets. We remain focused on strengthening the foundations of the business. Our retail initiative marks an important strategic step as we build a direct consumer-facing presence alongside our leadership in the wholesale segment. Our Surat purchase office has served its purpose well in improving sourcing efficiency and deepening vendor engagement, and having derived optimum utilisation from it, we may, over time, look to gradually scale down this office as part of a natural evolution of our sourcing approach. Profit after tax for the quarter was ₹66.05 million, growth of 4.0% over Q1 FY26. Margins remained under pressure from elevated procurement costs, and restoring them is our foremost operating priority. Our debt-free balance sheet, healthy liquidity position and disciplined approach to working capital give us a firm platform from which to pursue growth. Looking ahead, we expect demand conditions to remain measured, reflecting continued caution in consumer spending. We would also like to draw attention to the fact that, on account of Diwali falling in a different month this year compared to last year, our Q2 and Q3 FY27 performance may not be strictly comparable on a year-on-year basis with the corresponding quarters of FY26, and we would encourage stakeholders to view these periods with this seasonal shift in mind. We are approaching the year with prudence and confidence, supported by the strength of our fundamentals, our extensive customer network and our market position. Our focus remains on operational efficiency, customer and supplier relationships, product portfolio expansion, efficient working capital management, optimum fund allocation and our retail presence. We believe these initiatives, combined with our robust balance sheet and disciplined execution, will enable us to navigate the current environment effectively and create sustainable long-term value for all stakeholders." Company Overview Saraswati Saree Depot Limited (SSDL) is one of India’s leading organized players in the wholesale (B2B) trade of sarees and women’s ethnic wear, with a heritage dating back to 1966 and a legacy now spanning three generations of family leadership from Kolhapur, Maharashtra. The Company’s product range extends beyond sarees into Kurtis, dress materials, blouse pieces, lehengas and other ready-made ethnic wear, sourced from thousands of weavers and manufacturers across textile hubs including Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata and Bengaluru, and supplied to an extensive, pan-India network of retailers. Building on its wholesale leadership, the Company has also taken measured steps into direct- to-consumer retail and digital channels, while continuing to strengthen its sourcing relationships, working capital efficiency and customer engagement. Saraswati Saree Depot Limited is listed on the BSE (Scrip Code: 544230) and the NSE (Symbol: SSDL). For more details, please visit: www.saraswatisareedepot.com Investor Relations Company Secretary & Compliance Officer — contact@saraswatisareedepotlimited.com Note: Certain statements in this document may be forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.