Indian textile company RSWM Ltd. reports a modest sales increase and a twofold rise in net profit for FY27’s first quarter, driven by better product mix and cost control amidst challenging export conditions.
RSWM Ltd. has started FY27 with a modest rise in sales and a sharper improvement in earnings, as the Indian textile maker benefited from a better product mix, tighter cost control and steady domestic demand even as export markets remained weak. The company reported revenue of ₹1,161 crore for the quarter ended June 30, up 1.7% from the previous quarter but down 0.7% from a year earlier, according to its unaudited results. Gross profit climbed to ₹466 crore and the gross margin widened to 39.8%, helping offset pressure from softer overseas demand, geopolitical uncertainty and volatile raw material prices.
The stronger margin performance flowed through to operating profit. EBITDA rose to ₹94 crore, up 16.1% from the same quarter a year earlier and 10.1% from the previous quarter, lifting the EBITDA margin to 8%. Profit after tax increased to ₹17 crore from ₹7 crore a year earlier, a 2.4-fold rise, while the PAT margin improved to 1.4%. RSWM said the quarter reflected disciplined execution, manufacturing efficiency and a focus on value-added and sustainable products.
The latest figures also extend a gradual recovery that has been visible over the past year. Business Standard reported that RSWM ended the previous quarter with revenue of ₹1,141.96 crore and profit before tax of ₹17.20 crore, while data from ETMoney shows FY26 revenue of ₹4,554 crore, down 5.63% from the prior year, alongside an improvement in operating profit margin to 6.15%. Taken together, the numbers suggest a business that has been rebuilding profitability even as top-line growth has remained subdued.
Chairman and Managing Director Riju Jhunjhunwala said the company was entering the new financial year on a positive footing and would continue to prioritise profitable growth, operational efficiency and expansion in higher-value segments. Joint Managing Director Rajeev Gupta said the business remained focused on agility, innovation and sustainability as it invested in capabilities for future growth. RSWM said it expects those priorities to support stakeholder value and strengthen its position as an integrated textile manufacturer.
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