Investor Presentaiton

From CMD's Desk September 2023 6380 RSWM Limited an LNJ Bhilwara Group Company Commenting on the results, Mr. Riju Jhunjhunwala, Chairman & Managing Director and CEO of RSWM Limited said, "In the Q2FY24, we've noticed a resurgence in demand in anticipation of the upcoming holiday and festive season, even as we grapple with significant challenges brought on by various factors. While major global economies saw a moderation in growth during the second quarter, despite ongoing banking crises and rate hikes, it's worth noting that elevated inflation has affected consumer purchasing power. We're keeping a close eye on the ever-fluctuating cotton prices in the post-COVID landscape. The global economic environment remains volatile, with the recent Israel-Palestine conflict potentially impacting global sentiments, though our direct exposure is minimal. Despite persistent concerns about the global economic slowdown, our outlook for FY'24 remains cautiously optimistic. In the midst of these challenges, we draw upon our internal strengths to bolster our operations and maintain our commitment to investing in our facilities and processes. Our dedication remains unwavering as we diligently work towards achieving our long-term objectives." www.rswm.in 04

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