FilingReader Intelligence
Sportking India profit jumps 10% despite revenue decline
August 2, 2025 at 05:59 PM UTC•By FilingReader AI
Sportking India Limited reported Q1 FY26 revenue of INR 585.8 crores, down 7.6% year-over-year, but profit after tax grew 10.4% to INR 35.2 crores with margins expanding to 6.0%.
The company announced a greenfield expansion in Odisha to increase spinning capacity by 40% with 1.50 lakh spindles. The INR 1000 crores project will be funded through term loans and internal accruals, with completion expected in 12-15 months.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:SPORTKING•Bombay Stock Exchange
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