Sportking India Limited — Important, 26-10-2024: General Updates

Sportking India Limited's Board approved unaudited financial results for Q2 and the first half of FY 2024. Key highlights include total revenue of approximately ₹65.95 crore and a profit of about ₹25.02 crore. The Board also gave in-principle approval for a merger with Marvel Dyers and Sobhagia Sales, alongside an investment of ₹12.09 crore (26% stake) in Evincea Renewable Two Private Limited, to establish a solar power project, expected to reduce power costs by 10-12%.