Rushil Decor Limited has reported total income of Rs. 214.23 crores during the period ended March 31, 2023 as compared to Rs. 210.7430 crores during the period ended December 31, 2022. The company has posted net profit of Rs. 13.55 crores for the period ended March 31, 2023 as against Rs. 10.2312 crores for the period ended December 31, 2022.
The company has reported total income of Rs.839.77 crores during the Financial Year ended March 31, 2023 as compared to Rs.625.58 crores during the FY ended March 31, 2022. They have posted net profit) of Rs.77.67 crores for the FY ended March 31, 2023 as against Rs.22.80 crores for the FY ended March 31, 2022.
Rushil Décor Ltd., plans to establish a new Laminate Sheet manufacturing plant in Gujarat. This plant will manufacture decorative laminates having an aggregate installed capacity of 1.2 million sheets per annum. The Company believes that this new plant, having an approximate outlay of Rs. 60 crores, will be helpful to cater to Indian and the foreign markets where there is a huge demand for Bigger size(Jumbo-size) laminates. The company has HPL manufacturing capacity of 34.92 lakh sheets per annum at their plants located in Gujarat.
Currently, the Company has five manufacturing facilities in India out of which three manufacturing units are located in Gujarat and one each in Karnataka and Andhra Pradesh. Rushil Décor, which markets its products under the flagship brand “VIR”, is engaged in manufacturing Laminated Sheets, MDF boards and PVC Foam boards using facilities strategically located at Gujarat, Karnataka and Andhra Pradesh.