Investor Presentaiton
From JMD's Desk
Commenting on the results, Mr. B. M. Sharma, Joint Managing Director of RSWM Limited
said,
"The Q2FY24 financial report highlights a positive trend in revenue after a challenging nine
months. However, PAT for the quarter showed a decrease in profit, attributed to sluggish
demand, depreciation against expansion and mounting inflationary pressures. Nonetheless,
there has been a sequential upturn in both revenue and profitability. The company foresees a
gradual revival in demand as operational efficiency gains traction. Looking ahead to the latter
half of FY24, there is a sense of optimism regarding improved demand visibility among global
& domestic markets.
Our resolve remains steadfast as we pursue our enduring objectives which encompasses
expanding our product range, improving our financial stability, and discovering more efficient
methods to enhance our earnings. We appreciate the dedication and hard work of our team
and believe that our positive outlook and commitment will lead us to even greater success in
the future. We will keep working hard and aiming for the best as we pursue our goals together.
We are also thankful to our shareholders for their continued support and commitment to our
shared vision."
September 2023
www.rswm.in
RSWM Limited
an LNJ Bhilwara Group Company
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