Latest news with #RijuJhunjhunwala
Fashion Network
15-05-2025
- Business
- Fashion Network
RSWM Limited reports 18.9% revenue increase in FY25
RSWM Limited, one of India's largest producers of blended spun yarns, denim, knitted fabrics, value-added synthetics, and green polyester fibres, has reported an 18.9% year-on-year rise in revenue for the 2025 financial year, fuelled by demand recovery and operational ameliorations. The business' total revenue for the 2025 fiscal year reached $565 million, helped by a broader product portfolio, Apparel Resources India reported. Earnings before interest, tax, depreciation, and amortisation rose by 76.8% year-on-year to $27.3 million, with operating margins improving by 158 basis points to 4.8%. Despite reporting a net loss of $4.8 million for the year, the company showed improved operational performance over its 2024 financial year net profit of $4.1 million. For the fourth quarter, RSWM Limited's revenue totalled $147 million, marking a 7.2% increase year-on-year and a 5% rise quarter-on-quarter. EBITDA for the quarter increased by 44.8% year-on-year to $9.25 million, aided by stronger cost controls and operational efficiencies. RSWM also recorded a positive profit after tax of $187,000 for the quarter. Commenting on the performance, RSWM Limited's chairman and managing director Riju Jhunjhunwala said the 2025 financial year was a turning point for the business. Jhunjhunwala noted that the India-UK free trade agreement could unlock over $1 billion in new export opportunities for Indian textiles, while the business continues to focus on product innovation and expansion into markets across the Middle East, Africa, and Europe.
Fashion Value Chain
14-05-2025
- Business
- Fashion Value Chain
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.'
