R&B Denims Capacity Expansion: ₹25 Cr Investment
R&B Denims Ltd is diversifying into polyester yarn and garment manufacturing as a forward integration strategy. The company has allocated ₹25 Crore for this business expansion.
- Value
- ₹25.00 Cr
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R&B Denims Ltd is diversifying into polyester yarn and garment manufacturing as a forward integration strategy. The company has allocated ₹25 Crore for this business expansion.
R&B Denims Limited will commence commercial production at its new polyester yarn manufacturing division on September 30, 2026.
R & B Denims Ltd's subsidiary, Ricon Industries, will commence commercial production of polyester yarn on September 30, 2026. The project involved an initial investment of ₹25 Crore.
R&B Denims has entered a loan agreement to provide a Rs. 10 Crore unsecured loan to Ganpati Energy Private Limited.
R&B Denims Ltd reported revenue from operations of ₹119.3 Cr (+16.3% YoY) and net profit of ₹4.4 Cr (-46.3% YoY) for Q1 FY27.