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

Sportking India Limited's Board approved its unaudited financial results for the half-year ending September 30, 2024, reporting revenue of ₹1285.69 Cr and profit after tax of ₹25.02 Cr. The Board also granted in-principle approval for a merger with Marvel Dyers and Sobhagia Sales, and for investing ₹12.09 Cr in Evincea Renewable Two Private Limited, which aims to supply solar power, potentially reducing costs by 10-12%.