RSWM Returns to Profit in Q4 FY25, Revenue Up 7.2% YoY
RSWM Ltd. (BSE: 500350 | NSE: RSWM), a leading player in India's textile industry, reported a consolidated net profit of ₹1.6 Cr for Q4 FY25, driven by improved realizations and operational efficiency. The company's revenue for the quarter rose by 7.2% year-on-year to ₹1,256 Cr, while EBITDA surged 44.8% YoY to ₹79 Cr, supported by cost optimization and a rebound in demand.
For the full fiscal year (FY25), RSWM posted ₹4,825 Cr in revenue, marking an 18.9% YoY increase, though it reported a net loss of ₹41 Cr due to earlier headwinds. EBITDA rose 76.8% YoY to ₹233 Cr, with margins expanding 158 basis points to 4.8%, reflecting a turnaround in operational performance.
Strategic Business Highlights:
Panchtatva Innovation Program:
RSWM launched Panchtatva, an innovation initiative rooted in India's elemental philosophy (Fire, Earth, Water, Air, Space) aligned with the Mission LiFE sustainability movement. The program aims to fuse ancient wisdom with cutting-edge textile technologies.
Graphene Textile Collaboration:
A Joint Development Agreement was signed with Birla Cellulose (Grasim Industries) and TACC Ltd. to develop graphene-infused functional textiles —enhancing durability, breathability, and conductivity.
Clean Energy Investment:
RSWM entered a Share Subscription and Shareholders Agreement (SSSHA) with Bhilwara Energy Ltd. (BEL) and Singularity Fund, involving a ₹250 Cr investment to expand into sustainable energy and green infrastructure.
Management Commentary:
CMD Riju Jhunjhunwala stated:
'FY25 marks a transformational phase for RSWM. Despite earlier challenges, we are now aligned for sustainable, profitable growth. Our 'RSWM 2.0' strategy focuses on export expansion, innovation, and ESG integration. We see strong opportunity through the India–UK FTA, which could unlock $1B+ in exports. We remain committed to long-term value creation and industry leadership.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Goldman Sachs, Morgan Stanley, others buy 1.45% stake in Suzlon Energy for Rs 1,309 crore
New Delhi, Goldman Sachs , Morgan Stanley , Motilal Oswal Mutual Fund (MF), Societe Generale and others bought a total of 19.81 crore equity shares, representing 1.45 per cent stake, of Suzlon Energy for Rs 1,309 crore from promoter entities through open market deals on Monday. Aditya Birla Sun Life MF, Edelweiss MF, Bandhan MF, Sundaram MF, Invesco MF, ICICI Prudential Life Insurance and Bajaj Allianz Life Insurance, were also among the buyers, according to block deal data on the NSE. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Don't Miss The Top Packaging Trends Of 2024, Enhnace Your Brand With The Latest Insights Packaging Machines | Search Ads Search Now Undo These entities purchased more than 19.81 crore equity shares, representing a 1.45 per cent stake in Pune-based renewable energy company Suzlon Energy at an average price of Rs 66.05 apiece, as per the data. This took the combined deal value to Rs 1,308.87 crore. Meanwhile, Suzlon Energy's promoter entities Tanti Holdings Pvt Ltd, Vinod Ranchhodhbhai Tanti (Chairperson-MD of Suzlon Energy), Tanti Ranchhodbhai Ramjibhai and Rambhaben Ukabhai Tanti offloaded an equal number of shares at the same price, as per the NSE data. Live Events After the stake sale, the combined holding of Suzlon Energy's promoters dipped to 11.8 per cent from 13.25 per cent. Shares of Suzlon Energy went up 0.76 per cent to settle at Rs 67.22 apiece on the NSE. In a separate block deal on the BSE, Shankara Building Products ' promoter and MD Sukumar Srinivas divested a 7.8 per cent stake in the company for Rs 176 crore through open market transactions. Following the stake sale, the promoters' holding in Shankara Building Products dipped to 41.41 per cent from 49.25 per cent. As per the data, Srinivas offloaded 19 lakh shares of Shankara Building Products at an average price of Rs 926.1 apiece, taking the combined value to Rs 175.95 crore. Meanwhile, Chartered Finance and Leasi NG, Singularity Equity Fund I, Ace Infracity Developers, Sageone Investment Managers LLP, Riti Foundation, RR Foundation, S R Foundation and Swati Foundation purchased these shares. The scrip of Shankara Building Products jumped 6.62 per cent to close at Rs 997.35 apiece on the BSE. PTI
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
Protean eGov Tech bags order worth ₹100 cr from Bima Sugam Marketplace
Protean eGov Technologies has secured a work order worth approximately ₹100 crore from the Bima Sugam India Federation (BSIF) through the request for proposal (RFP) process. As per the terms outlined in the work order, Protean will act as the Technology Solution Provider for the complete development, implementation, support, and maintenance of the Bima Sugam Marketplace. The scope also includes platform integrations and adherence to marketplace protocols. Protean is a public technology firm known for its role in designing, implementing, and managing large-scale digital infrastructure projects for various government entities. 'This engagement further strengthens Protean's role as a trusted technology partner in India's Digital Public Infrastructure (DPI) journey, building on our legacy of enabling critical citizen-centric digital systems at national scale,' the company said in an exchange filing. Q4 financial results In the fourth quarter of FY25, the company reported a consolidated net profit of ₹20 crore, marking a 6 per cent year-on-year increase. Revenue from operations remained steady at ₹222 crore during the same period. For the full financial year, Protean posted consolidated revenue from operations of ₹841 crore, reflecting a 5 per cent decline year-on-year. EBITDA for FY25 stood at ₹149 crore, down from ₹157 crore in FY24. The EBITDA margin was recorded at 16.3 per cent. Promoter divestments and stake sales In November, NSE Investments, classified as a non-promoter, proposed to sell 4,117,303 shares through an offer-for-sale (OFS), representing a 10.16 per cent base offer stake. The OFS was scheduled for 22–25 November, with the floor price set at ₹1,550 per share. On 8 August 2024, Standard Chartered Bank exited its 3.09 per cent stake in Protean through an open market transaction. According to BSE bulk deal data, it sold 1.2 million shares at an average price of ₹1,799.79 per share, totalling ₹224.97 crore. Earlier, on 21 May 2024, HDFC Bank sold its entire 3.20 per cent holding in Protean. The bank offloaded 1,294,326 shares at an average price of ₹1,160.15 per share, generating a transaction value of ₹150.16 crore.
News18
3 hours ago
- News18
Wipro promoter entities swap 1.93 pc stake worth Rs 5,057 cr
Last Updated: New Delhi, Jun 9 (PTI) About 20.23 crore shares of Wipro, amounting to a 1.93 per cent stake, were exchanged among promoter group entities through open market transactions on Monday, according to exchange data. Wipro shares rose by 1.09 per cent to close at Rs 251.30 on BSE. The stock closed 1.26 per cent higher at Rs 251.72 apiece on the National Stock Exchange (NSE). According to the block deal data available with the NSE, promoter entity Azim Premji Trust offloaded 20.23 crore equity shares or 1.93 per cent stake in Wipro. The transaction, valued at around Rs 5,057 crore, was executed at an average price of Rs 250 per share. Meanwhile, Premji Invest through its arm Prazim Trading and Investment Company Pvt Ltd, Hasham Traders and Prazim Traders bought these shares at the same price. Prazim, Zash and Hasham Traders are part of Wipro's promoter group. In November last year, Premji Invest through Prazim Trading and Investment Company purchased 8.49 crore shares or 1.6 per cent stake in Wipro for Rs 4,757 crore, while Prazim and Zash Traders offloaded an equal number of shares in the IT company. PTI HG MR
