Sportking India Posts Mixed Q4 Results: Revenue Rises but Profit Declines
Updated: May 01, 2025 18:05
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Sportking India Limited has announced its financial results for the quarter ended March 2025, reporting revenue from operations of ₹6.29 billion. This marks a healthy year-on-year growth in sales, reflecting continued demand in the textile sector. However, the company’s net profit for the quarter stood at ₹361.2 million, signaling a decline compared to the same period last year.
The latest figures reveal a nuanced performance. While revenue climbed 14.5% to ₹6.11 billion in the March 2024 quarter compared to ₹5.33 billion a year ago, net profit dropped by 25.9% to ₹228.6 million from ₹308.6 million in the previous year’s quarter. The operating profit margin improved to 10.98%, the highest in the last five quarters, indicating better operational efficiency. Yet, rising interest costs-up 155% over the past nine months-have weighed on the bottom line.
For the full year, Sportking India’s net profit declined 46.7% to ₹703.5 million, even as annual sales rose 7.8% to ₹23.77 billion. The company’s performance highlights both resilience in revenue growth and challenges in maintaining profitability amid higher borrowing costs.