Sportking India Ltd Q4 net profit rises 58 percent to Rs 36 crore

Sportking India Limited, a leading textile company reported a 58 percent increase in net profit to Rs 36 crore ($4.3 million) for the fourth quarter ended March 31, as against Rs 23 crore in the year-ago quarter.

The company’s revenue for the quarter rose by 3 percent to Rs 629 crore, as against Rs 611 crore in the corresponding quarter of the previous fiscal year.

For the full financial year, the company reported a revenue of Rs 2,524 crore with a net profit of Rs 109 crore.

Commenting on the results, Munish Avasthi, chairman managing director in a statement said, “We are pleased to report robust growth across all key financial metrics for FY25. Our Q4 performance continued the strong trajectory established in the earlier quarters, with strong export revenue growth and margin expansion due to softer input costs contributing to a 58% year-on-year increase in profit after tax.”

“The domestic operating environment continues to be favourable, supported by healthy demand trends and stable input costs, which have helped maintain yarn spread levels. This combined with our strength in efficient manufacturing, prudent resource management, and a steadfast commitment to quality, we remain confident in sustaining our growth momentum into the next financial year,” he added.

Founded in 1989, Sportking owns 3 manufacturing facilities in India equipped that produces diversified range of textiles to cater to the demands of weaving and knitting industry.