<?xml version="1.0" encoding="UTF-8" standalone="no"?><!--IFFIndAs--><xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2025-01-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2025-01-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2025-01-31/in-capmkt-roles" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2025-01-31/in-capmkt-types" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink"><link:schemaRef 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unitRef="INRPerShare">10</in-capmkt:FaceValueOfEquityShareCapital><in-capmkt:BasicEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">1.61</in-capmkt:BasicEarningsLossPerShareFromContinuingOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">1.61</in-capmkt:DilutedEarningsLossPerShareFromContinuingOperations><in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0</in-capmkt:BasicEarningsLossPerShareFromDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">0</in-capmkt:DilutedEarningsLossPerShareFromDiscontinuedOperations><in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">1.61</in-capmkt:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" decimals="INF" unitRef="INRPerShare">1.61</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes				 &lt;BR&gt; 
1. The above financial results have been reviewed and approved by the Audit Committee and the Board of Directors in the meeting held on 14.08.2025.				 &lt;BR&gt; 
2. The Statutory Auditors have carried out Limited Review of the Financial Results of the Company for the quarter ended 30th June 2025.				 &lt;BR&gt; 
3. The Company is in the business of  Apparels having similar characteristics and reviewed by the Chief Operating Decision Maker for assessment of Company's performance and resource allocation. Accordingly, the Company has only one reportable operating segment as per Ind AS 108  Operating Segments.				 &lt;BR&gt; 
4. The company has invested in a partnership firm Saraswati Saree Depot in Ahmednagar with 50% share in the profits of the firm. The income from the said firm is considered in the Sr. No. VI. Income from Associates in the Standalone Financial Statements. The statements are not consolidated financial statements in accordance with Ind AS 110 due to reasons as under &lt;BR&gt; 
i. It is not a subsidiary. &lt;BR&gt; 
ii. Its securities are not listed or are not in the process of listing on any stock exchange in India or outside India. &lt;BR&gt; 
5. The unaudited figures of previous comparative year and quarter ended 30th June, 2024 have been re grouped recasted rearranged wherever considered necessary to make them comparable with those of the current quarter.				 &lt;BR&gt; 
6. The results for the quarter ended March 31 2025 are extracted as balancing figures between the audited annual financial statements for the year ended March 31 2025 and the unaudited interim financial statements for the three months ended June 30 2025.				 &lt;BR&gt; 
7. The results for the quarter ended on June 30, 2025 are available on the website of BSE Limited www.bseindia.com, The National Stock Exchange of India Limited www.nseindia.com and on the website of the Company www.saraswatisareedepot.com				 &lt;BR&gt; 
8. The Company had declared an interim dividend during the quarter on the equity shares of the Company at the Board Meeting held on April 4, 2025 of Rs 1.515 15.15% per equity of Rs 10 each.	 &lt;BR&gt; 
9. Since th IPO was post june 2024 Quarter, the number of shares considered are pre IPO for EPS for quarterended 30 June 2024 &lt;BR&gt; 
			 &lt;BR&gt; 
Saraswati Saree Depot Ltd.				 &lt;BR&gt; 
					 &lt;BR&gt; 
					 &lt;BR&gt; 
Vinod Dulani				 &lt;BR&gt; 
Managing Director				 &lt;BR&gt; 
DIN 09105157	 &lt;BR&gt; 
			 &lt;BR&gt; 
Place   Kolhapur				 &lt;BR&gt; 
Date    August 14 2025	 &lt;BR&gt; 
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