RSWM’s Q3, FY25 net loss narrowed to Rs 9.23 crore as against a net loss of Rs. 34.07 crore loss in Q3, FY24. The company’s sales increased by 22.34 per cent to Rs 1195.62 crore during the quarter from Rs 977.32 crore in the corresponding quarter of the previous year.
RSWM’s revenue from the yarn segment increased to Rs 970.95 crore during the quarter as against Rs 844.12 crore in the corresponding quarter last year. Revenue from the fabric segment also increased Rs 299.68 crore from Rs 225.54 crore in the same period last year.
Flagship company of the LNJ Bhilwara Group, RSWM is a leading Indian textile manufacturer and exporter, operating for over 60 years. They produce a wide range of yarns, fabrics, and denim, exporting to over 70 countries.
Following a board meeting, the company appointed Rajeev Gupta as an Additional Director and Joint Managing Director for a three-year term, effective February 12, 2025, subject to shareholder approval. He will also serve as Key Managerial Personnel.
