RSWM Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- RSWM Ltd reported a 2.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.3%.
- Its expenses for the quarter were up by 1.1% QoQ and 18.3% YoY.
- The net profit decreased 47.3% QoQ and decreased 72.9% YoY.
- The earnings per share (EPS) of RSWM Ltd declined at 2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1202.93 | 1175.57 | 983.40 | 2.3% | 22.3% |
Total Expenses | 1217.93 | 1204.58 | 1029.16 | 1.1% | 18.3% |
Profit Before Tax | -15.00 | -29.01 | -45.76 | -48.3% | -67.2% |
Tax | -5.04 | -10.90 | -10.60 | -53.8% | -52.5% |
Profit After Tax | -9.23 | -17.53 | -34.07 | -47.3% | -72.9% |
Earnings Per Share | -2.00 | -3.70 | -7.20 | -45.9% | -72.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
RSWM Ltd is a company primarily engaged in the textile industry. It focuses on manufacturing and marketing a wide range of yarns, fabrics, and garments. The company serves both domestic and international markets, providing products that include synthetic, blended, and cotton yarns, as well as denim fabric. As a leading player in the textile sector, RSWM Ltd has established itself as a significant contributor to the industry's growth. Recent developments within the company or the industry have not been specified in the provided data, and any further details on such developments are unavailable at this moment.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), RSWM Ltd reported a total income of ₹ 1202.93 crores. This represents a quarter-over-quarter (QoQ) growth of 2.3% compared to ₹ 1175.57 crores in the second quarter of the fiscal year 2025 (Q2FY25). On a year-over-year (YoY) basis, total income increased by 22.3% from ₹ 983.40 crores in the third quarter of the fiscal year 2024 (Q3FY24). This significant YoY growth reflects a positive trajectory in revenue generation across the considered periods.
Profitability
RSWM Ltd's profitability metrics show an improvement over both the previous quarter and the same quarter last year. The company reported a profit before tax (PBT) of ₹ -15.00 crores in Q3FY25, which is an improvement from ₹ -29.01 crores in Q2FY25, representing a 48.3% reduction in negative earnings. Compared to Q3FY24, where the PBT was ₹ -45.76 crores, there is a notable 67.2% improvement. The profit after tax (PAT) also followed a similar pattern, improving from ₹ -17.53 crores in Q2FY25 to ₹ -9.23 crores in Q3FY25, a 47.3% QoQ improvement. Year-over-year, the PAT improved by 72.9% from ₹ -34.07 crores in Q3FY24. Earnings per share (EPS) also showed an upward trend, improving from ₹ -7.20 in Q3FY24 to ₹ -2.00 in Q3FY25, marking a 72.2% YoY improvement.
Operating Metrics
For RSWM Ltd, total expenses in Q3FY25 amounted to ₹ 1217.93 crores, which is a 1.1% increase from ₹ 1204.58 crores in Q2FY25. Compared to Q3FY24, where total expenses were ₹ 1029.16 crores, there is an 18.3% increase. These changes in expenses, along with the revenue growth, have contributed to the reduction in the negative earnings before tax and after tax as noted. The tax expenses for Q3FY25 were reduced to ₹ -5.04 crores from ₹ -10.90 crores in Q2FY25, a 53.8% decrease, and from ₹ -10.60 crores in Q3FY24, marking a 52.5% YoY reduction. This decrease in tax expenses aligns with the overall improvement in profitability metrics observed during the quarter.
