Textiles company RSWM declares Q3FY22 result:
- RSWM Ltd posted revenue of INR 1,001 Cr up 39% YoY, EBITDA at INR 122 Cr, PAT stands at INR 50 Cr
- Total sales recorded for the 9 months stands at INR 2,696 crores
- Export recorded sales of 9 months INR 1,006 crores up 111% YoY
- EBITDA for 9 months grows from INR 80 crores to INR 322 crores
- PAT for 9 months stands at INR 130 crores, turned positive YoY
“Commenting on the results, Mr. Riju Jhunjhunwala, Chairman & Managing Director of RSWM Ltd. said, we are pleased with our operating performance for Q3FY22 driven by strong performance in both segment and better realization. We are confident of continuing with the growth momentum for rest of the year and we remain focussed on improving all the key metrics at all levels across our manufacturing facilities and enhance market share. Our consolidation efforts towards new investment allocation and focus on core business capabilities building remains critical for sustainable business growth. We are confident that the company would continue to build on the momentum while executing our blueprint with disciplined determination.”