RSWM To Set Up ₹186 Crore Denim Garment JV With NDS9

Q1 FY27 Consolidated Results YoY: Revenue at 1161 Cr vs 1170 Cr, down 0.8%. EBITDA at 99 Cr vs 84 Cr, up 17.4%. EBITDA Margin at 8.5% vs 7.2%, expansion of 130bps. PAT at 19.7 Cr vs 8.4 Cr, up 134.8%. Yarn remained the key driver, with segment result rising to 63.4 Cr from 29.0 Cr, while Fabric turned to a 0.5 Cr loss from 15.9 Cr profit despite broadly stable revenue. Board approved setting up a denim garment facility through a proposed JV with NDS9 Private Limited at a project cost of 186.3 Cr, funded through 30% equity and 70% term loans, to move up the value chain and offer integrated denim-to-garment solutions.