Sportking India Ltd reported a significant increase in second-quarter financial performance for FY27, with net profit rising to ₹96.4 crore from ₹28.3 crore in the corresponding period last year.
The company’s top line also witnessed robust growth, clocking revenue of ₹781.1 crore compared to ₹627.4 crore in the year-ago quarter. This expansion in topline figures was accompanied by improved operational efficiency and accounting adjustments, as evidenced by the widening margins. Pursuant to SEBI regulations, the company has disclosed a link for the audio recording of its earnings call held on October 30, 2026, to discuss these operational and financial results.
EBITDA for the quarter stood at ₹154.9 crore, a substantial jump from ₹65.4 crore recorded in the same quarter last year, representing a 136.8% YoY increase. Consequently, the EBITDA margin expanded notably to 19.8%, up from 10.4% in the previous year’s comparable period. The company noted that it reassessed the useful life of certain plant and machinery categories, revising the estimate from 7.50 years to 10 years effective July 1, 2026. This change resulted in a lower depreciation charge of ₹8.02 crore for the quarter.
Key operational highlights for Q2FY27 include total production volume of 21,296 MT, nearly flat against 21,294 MT in Q2FY26. Yarn sales volume rose slightly to 21,172 MT from 20,949 MT in the year-ago period. Gross profit increased 64.7% YoY to ₹249.2 crore, supported by improved realizations and enhanced spreads.
