Sportking India Limited — Investor Meet, 08-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
08-08-2026 | 12:34 pm
08-08-2026 | 12:34 pm
Sportking India's Q1 FY27 results show healthy revenue growth and significant profit improvement, driven by better yarn realizations, strong export demand, and disciplined raw material procurement. Spreads improved to INR 133/kg from INR 107/kg. Management is optimistic about demand, expecting Q2 to be similar or better. The solar power project is now operational, anticipating ~INR 15 Cr in annual savings. The Odisha expansion's first phase begins production in Q3 FY27, targeting 90% utilization by March end with 300-400 bps higher margins. The company targets FY27 revenue of ~INR 3000 Cr, rising to over INR 4000 Cr in FY28, confident in India's role in global sourcing.
No comments yet. Be the first to comment!
