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- Important
- Financial Update
- Fund Raise
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RSWM has announced a board meeting approving the financial results for the quarter. Consolidated revenue stood at ₹1,170.31 Cr, with a net profit of ₹10.96 Cr. Key operational shifts include closing the loss-making spinning unit at Chhata (FY25 turnover ₹329 Cr, WDV ₹27 Cr) to optimize costs, while keeping knitting operations. The company also approved a ₹92 Cr capex for knitting modernization at Mardi & Chhata, expecting a 20% capacity boost and ₹220 Cr annual revenue increase. Further, a ₹50 Cr investment for 50 MW renewable energy capacity aims to enhance sustainability and meet power needs.