Sportking India Limited — Updates, 02-08-2025: Press Release

Sportking India announced its Q1 financial results. Revenue dipped 7.6% YoY to Rs. 585.8 Cr, but Profit After Tax jumped 10.4% to Rs. 35.2 Cr, with EBITDA margins expanding to 12.0%. Exports grew 18%. The company also unveiled a Rs. 1000 Cr Greenfield Capex in Odisha to add 1.50 lakh spindles, increasing spinning capacity by 40%. This expansion, completing in 12-15 months, aims to capitalize on 95% existing utilization and growing demand, enhancing pan-India presence and international market access.