Sportking India Limited — Updates, 25-01-2025: Press Release

Revenue from operations for the quarter was Rs. 609.7 Cr, reflecting a year-on-year growth of 1.8%, with exports constituting approximately 57% and growing by 18.7% annually. EBITDA increased by 17.2% YoY to Rs. 57.0 Cr, resulting in an improved margin of 9.4%. The profit after tax (PAT) reached Rs. 16.3 Cr, up 18.0% YoY, with a PAT margin expansion to 2.7%.

For the nine months, total revenue rose to Rs. 1,895.4 Cr, up 7.3% YoY. EBITDA for the period was Rs. 188.6 Cr, representing a 36.6% increase, and the PAT grew 54.0% to Rs. 73.1 Cr. Key operational metrics indicated a total production volume of 20,336 MT and yarn sales of 21,214 MT.

The Chairman noted resilient performance amid mixed market conditions, attributing strength to robust export demand, particularly in Bangladesh, and suggesting a positive outlook with stable cotton prices and the opportunity for improved spreads. Investors may view this as a sign of stable growth and adaptability in varying market environments.