RSWM Q1 PAT more than doubles; new denim garment JV announced
RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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RSWM Limited Q1FY27 standalone net profit jumped to Rs 16.74 cr from Rs 6.96 cr a year ago. Revenue from operations was nearly flat at Rs 1,161.24 cr vs Rs 1,169.19 cr. EPS rose to Rs 3.55 from Rs 1.48. Board also approved a Rs 186.30 cr denim garment JV with NDS9 Private Limited, funded 30 percent equity and 70 percent term loans.
Strong profit growth signals margin improvement; Rs 186 cr JV expands into garments. Promoter warrant allotment reflects confidence.