RSWM Q3 EBITDA Jumps 42%, Margins Expand
RSWM Ltd., one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, reported its unaudited financial results for the quarter and nine months ended December 31, 2025, posting improved margins and sustained profitability despite moderated volumes.
For Q3 FY26, the company reported revenue of Rs 1,093 crore, compared with Rs 1,150 crore in the previous quarter and Rs 1,195.6 crore in Q3 FY25, reflecting softer demand conditions.
Gross profit for the quarter stood at Rs 434 crore, with gross margins improving to 39.2 per cent, supported by a favourable product mix and better operating efficiencies. EBITDA rose to Rs 82 crore, registering a 41.7 per cent year-on-year increase, while EBITDA margin improved to 7.4 per cent, up 260 basis points from the same quarter last year.
Profit after tax (PAT) for Q3 FY26 stood at Rs 4 crore, remaining positive despite a one-time exceptional labour-related service cost incurred during the quarter.
For the nine months ended FY26, revenue stood at Rs 3,412 crore, compared with Rs 3,569 crore in the corresponding period last year. Gross profit increased to Rs 1,319 crore, with margins expanding to 38.3 per cent. EBITDA rose significantly to Rs 242 crore from Rs 154 crore in 9M FY25, while PAT improved to Rs 17 crore, marking a turnaround from a loss in the same period last year.
Commenting on the results, Riju Jhunjhunwala, Chairman & Managing Director and CEO of RSWM Ltd., said the company’s performance reflects operational resilience and disciplined execution amid a challenging global textile environment marked by uneven demand, geopolitical pressures and cautious sourcing trends.
He noted that the proposed India–EU Free Trade Agreement could provide a structural boost to Indian textile exporters by improving tariff competitiveness, although stricter requirements related to sustainability, traceability and labour standards are expected to raise compliance thresholds, potentially favouring integrated and organised players.
The company also highlighted its continued focus on circularity, renewable energy adoption and responsible resource management as part of its long-term sustainability strategy, alongside efforts to strengthen customer engagement, financial prudence and the share of value-added products to support durable growth.
