Sportking India Q1 Results FY27: Profit up 123% YoY

Key takeaway from Sportking India’s June-quarter print

Sportking India Ltd reported a sharp year-on-year rise in profitability for the quarter ended June 30, 2026 (Q1 FY27), supported by higher revenue and improved operating leverage. Net profit after tax came in at ₹75.97 crore, up 122.81% from ₹34.10 crore in Q1 FY26. Revenue from operations increased 20.12% YoY to ₹703.68 crore, indicating stronger traction in its core textile business. The company attributed the margin improvement to better operational leverage and lower finance costs, even as other income fell sharply.

Q1 FY27 profit more than doubles

The Ludhiana-based textile manufacturer posted profit before tax (PBT) of ₹102.20 crore in Q1 FY27, compared with ₹46.49 crore a year ago, translating into a 119.85% jump. Net profit after tax (PAT) rose in line with the stronger pre-tax performance, reflecting a higher earnings base. Earnings per share (basic and diluted) increased to ₹5.98 from ₹2.68 in the same quarter last year. The company’s results indicate that the operating performance did most of the heavy lifting, rather than non-operating income.

Revenue growth outpaces expense growth

Revenue from operations rose to ₹703.68 crore in Q1 FY27 from ₹585.80 crore in Q1 FY26. Total expenses increased to ₹603.79 crore from ₹551.28 crore, a rise of 9.53%. With revenue growing faster than costs, the gap between income and expenditure widened, supporting the jump in profit before tax. The company’s commentary pointed to improved operational leverage and lower finance costs as key drivers behind margin expansion.

Other income fell, but operations compensated

Other income declined to ₹2.31 crore in Q1 FY27 from ₹11.96 crore in Q1 FY26, a drop of 80.67%. Despite this sharp fall in other income, profit before tax still more than doubled, underlining that the core business performance outweighed the non-operating drag. This also suggests that the quarter’s improvement was more closely linked to operating execution and cost control than to treasury or one-off inflows.

Tax details for the quarter

Tax expense for Q1 FY27 was ₹26.23 crore. This included current tax of ₹27.38 crore and a deferred tax benefit of ₹1.15 crore. After accounting for tax, net profit after tax stood at ₹75.97 crore.

Snapshot table: Q1 FY27 vs Q1 FY26

All figures are normalised to ₹ crore; EPS is in ₹ per share.

Stock and listing identifiers mentioned alongside results

Sportking India is listed as SPORTKING on NSE and 539221 on BSE, and the sector classification provided is Textile. The article text also cited multiple price snapshots: ₹185.92 with a change of ₹10.15 (5.77%) as on 24 Jun 2026 at 15:56, and ₹179.34 with a change of ₹2.95 (1.67%) on NSE as of 03 Jul at 4:00 PM. These are point-in-time quotes and should be read with their timestamps.

Earnings call scheduled for August 3, 2026

Sportking India said it will host an earnings call on August 3, 2026 to review operational and financial performance for the quarter ended June 30, 2026. The call is scheduled to begin at 3:00 PM IST. Such calls typically provide management’s perspective on demand conditions, cost trends, working capital, and near-term operational priorities.

Corporate action and results calendar cited

The text also included a corporate action and results timeline, highlighting recent result dates and a dividend event.

Company profile points included in the text

The provided context described Sportking India Limited as a textile manufacturer and apparel retailer in India, founded in 1992 and headquartered in Ludhiana, Punjab. It also stated that the company expanded into retail outlets with more than 100 stores across the country. Its product portfolio was described as covering cotton, polyester and blended fabrics, along with ready-made garments for men, women and kids.

Promoter holding disclosed

The promoters named in the text were Mr. Munish Jain, Mr. Ajay Jain, and Mr. Amit Jain. Their combined stake was stated at 60.43%. Promoter holding is commonly watched by investors as a governance and alignment indicator, although it should be evaluated alongside disclosures, capital allocation, and operating performance.

Why this quarter matters for investors

The quarter stands out because profit growth materially outpaced revenue growth, with total expenses rising at a slower rate than operating revenue. The steep drop in other income did not prevent earnings improvement, suggesting a stronger operational contribution in Q1 FY27 versus the prior year. With an earnings call scheduled for August 3, 2026, investors may look for additional clarity on the sustainability of demand in the core segment, finance cost trajectory, and any key operational drivers behind the margin expansion described.

Conclusion

Sportking India’s Q1 FY27 results showed a 123% YoY jump in net profit to ₹75.97 crore on a 20% increase in revenue to ₹703.68 crore, alongside a rise in EPS to ₹5.98. The company has scheduled an earnings call on August 3, 2026 at 3:00 PM IST to discuss performance for the quarter ended June 30, 2026.