One of India’s largest manufacturers of denim, knitted, blended spun yarns, value-added synthetic, and green polyester fibres, RSWM Ltd., has released its unaudited financial figures for the first quarter of FY ’26, ending 30th June 2025
RSWM Ltd. reported a notable improvement in its standalone financial performance for Q1 FY ’26, driven by better operational efficiency and a rebound in profitability. The company posted sales of Rs. 1,169.2 crore (US $ 133 million) during the quarter, down 6.9% sequentially and 3.2% year-on-year. Despite the dip in topline, gross profit rose to Rs. 440 crore (US $ 50.18 million), reflecting a 1.8% QoQ and 1.3% YoY increase. This was supported by a robust improvement in gross margin, which expanded by 307 basis points QoQ and 152 basis points YoY to 37.3%.
EBITDA for the quarter stood at Rs. 81 crore (US $ 9.23 million), up 2.9% sequentially and 50.6% YoY, with the EBITDA margin improving to 6.9%, marking an increase of 63 bps QoQ and 243 bps YoY. The most significant turnaround came in the bottom line, as RSWM reported PAT of Rs. 7 crore (US $ 798,000) in Q1 FY ’26, a sharp recovery from a loss of Rs. 13.7 crore (US $ 1.56 million) in the same quarter last year and a substantial jump from Rs. 1.6 crore (US $ 182,000) in the previous quarter. PAT margin improved to 0.6%, up by 46 basis points quarter-on-quarter.
This performance signals a positive momentum for the company after a challenging FY ’25, where it had posted an annual net loss of Rs. 41.3 crore (US $ 4.71 million).
Riju Jhunjhunwala, Chairman and Managing Director of RSWM Limited, stated that FY26 is set to be a pivotal year for the Indian textile industry as global dynamics continue to shift. He highlighted the India–UK Free Trade Agreement (FTA) as a significant milestone, placing India on equal footing with global competitors in the UK apparel market. Jhunjhunwala also pointed to the ongoing India–EU FTA as a major opportunity, particularly given the EU’s growing emphasis on ESG-aligned sourcing. Looking ahead, he said the company remains focused on enhancing operational agility, advancing its ESG goals, and expanding its global footprint. Backed by supportive policies, progressive trade agreements, and strong customer engagement, RSWM aims to become a leading player in the global textile value chain, with a steadfast commitment to innovation, sustainability, and long-term stakeholder value.
