Profit After Tax Increases 3.9 Times to ₹25 Crore as Improved Efficiencies and Product Mix Support Performance
RSWM Limited has reported a strong financial performance for the second quarter of FY27, with revenue increasing 15% year-on-year to ₹1,322 crore and EBITDA rising 47.1% to ₹116 crore. Profit After Tax (PAT) increased 3.9 times to ₹25 crore compared with ₹6 crore in the corresponding quarter of the previous financial year.
The company, one of India’s leading manufacturers of synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, announced its unaudited financial results for the quarter and half year ended 30 September 2026.
The Q2 FY27 performance was supported by improved operational efficiencies, a favourable product mix and disciplined cost management. Despite challenges such as geopolitical tensions, supply-chain disruptions, elevated energy and ocean freight costs, and rising polyester prices, RSWM recorded growth in revenue and profitability.
Q2 FY27 Financial Performance
RSWM’s sales increased to ₹1,322.3 crore, compared with ₹1,150 crore in Q2 FY26, representing 15% year-on-year growth. Total income rose 14.9% to ₹1,331.8 crore from ₹1,159.1 crore in the corresponding quarter.
EBITDA reached ₹115.9 crore, up 47.1% from ₹78.8 crore in Q2 FY26. The EBITDA margin improved to 8.7%, compared with 6.8% a year earlier, representing an expansion of 191 basis points.
PAT stood at ₹24.5 crore against ₹6.3 crore in Q2 FY26, marking a 3.9-fold increase. The PAT margin improved to 1.8% from 0.5%.
On a sequential basis, revenue increased 13.9%, EBITDA grew 23.2%, and PAT rose 46.6% compared with Q1 FY27.
H1 FY27 Revenue Reaches ₹2,502 Crore
For the first half of FY27, RSWM reported total income of ₹2,501.9 crore, registering 6.9% growth compared with ₹2,339.8 crore in H1 FY26.
EBITDA increased 31.4% year-on-year to ₹210 crore, while the EBITDA margin expanded by 156 basis points to 8.4%. PAT rose 3.1 times to ₹41.3 crore from ₹13.2 crore in the corresponding period last year.
Management Highlights Operational Improvements and Strategic Expansion
Commenting on the results, Mr. Riju Jhunjhunwala, Chairman and Managing Director, RSWM Limited, said the Q2 FY27 performance reflected the impact of initiatives aimed at improving business performance.
He noted that topline growth, improved profitability and stronger margins demonstrated the contribution of measures introduced under the company’s RSWM 2.0 initiative. Going forward, RSWM plans to strengthen its capabilities, improve productivity and expand its presence in value-added segments to address changing customer expectations.
He also highlighted the company’s sustainability priorities, including energy efficiency, water conservation, emission reduction and greater use of recycled and sustainable materials. Employee well-being, community development, ethical conduct and responsible resource management remain part of its business approach.
RSWM received an ICRA ESG Impact Rating of 70, classified as ‘Good’.
Mr. Rajeev Gupta, Joint Managing Director, RSWM Limited, said the first half of FY27 was shaped by geopolitical developments, supply-chain realignments, volatile input costs and uncertain export conditions.
He highlighted that the company’s diversified business operations and organisational efforts contributed to its H1 FY27 performance, which included total income of ₹2,502 crore, EBITDA of ₹210 crore, an EBITDA margin of 8.4% and PAT of ₹41 crore.
RSWM Expands Denim Business into Finished Garments
An important strategic development during the period was RSWM’s partnership with Spain-based NDS9 through LNJ NDS9 Global Private Limited.
The joint venture marks an extension of the company’s denim business into finished garments, combining RSWM’s manufacturing infrastructure with NDS9’s design and marketing capabilities. The initiative is expected to broaden the company’s product portfolio and help it address emerging opportunities in the textile and apparel market.
RSWM is also pursuing sustainability-led growth through its subsidiary, LNJ GreenPet Private Limited, which forms an important part of its longer-term business strategy.
The company’s next phase of growth will focus on strengthening its position across the textile value chain, expanding value-added offerings and adapting to changing market requirements.
About RSWM Limited
RSWM Limited (BSE: 500350; NSE: RSWM), the flagship company of the LNJ Bhilwara Group, is a manufacturer and exporter of synthetic, cotton and blended yarns, mélange yarns, knitted fabrics and denim fabrics. Under the leadership of Chairman and Managing Director Mr. Riju Jhunjhunwala, the company exports its products to more than 70 countries.
RSWM operates 11 manufacturing plants with 5.47 lakh spindles, 178 looms and 96 circular and flat knitting machines. Its annual production capacities include 21,501 MT of mélange yarn, 1,11,124 MT of synthetic yarn, 21,600 MT of cotton yarn, 32.4 million metres of denim fabric, 9,360 MT of knitted fabric and 49,000 MT of green fibre.
Its sustainability initiatives have helped save 2.05 million kilolitres of water annually, reduce Scope 1 and Scope 2 greenhouse gas emissions by 21.27% year-on-year and recycle approximately 6.5 million PET bottles per day.
For more information, visit www.rswm.in.
About LNJ Bhilwara Group
LNJ Bhilwara Group is an Indian conglomerate with a legacy spanning more than six decades and an annual revenue of USD 1.2 billion. Initially established in the textile sector, the group has diversified into graphite electrodes, power generation, IT-enabled services, power engineering consultancy, energy storage solutions and skill development.
The group comprises 22 companies, including five listed on Indian stock exchanges, with production facilities and corporate offices across 41 locations.