Sportking India Q1 FY27: Revenue up 20.1%, PAT surges 122.8%

Sportking India Ltd reported strong Unaudited Financial Results for Q1 FY27, with revenue from operations reaching ₹703.7 Crs, a 20.1% year-on-year increase. Profit After Tax (PAT) surged by 122.8% YoY to ₹76.0 Crs. EBITDA grew by 90.3% YoY to ₹132.2 Crs, with EBITDA margin improving to 18.8%. The company's greenfield expansion project in Odisha is on track, with the first phase expected to commence in Q3 FY27. A solar power project was also commissioned, aiming for 12-13% annual power cost savings. The company highlighted stable demand in key export markets and positive impacts from the India-UK FTA and temporary removal of import duty on cotton.