Sportking India Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following the board meeting held on February 07, 2026. The company has now published these results in newspapers on February 09, 2026, in compliance with SEBI regulations.

Regulatory Compliance and Publication

Pursuant to Regulation 47 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its financial results in Business Standard (English) and Desh Sewak (Punjabi) newspapers. The publication was communicated to both BSE Limited and National Stock Exchange of India Limited on February 09, 2026.

Q3FY26 Financial Performance

The company's quarterly results demonstrate consistent growth momentum with improved profitability metrics compared to the previous year.

Nine Months Performance Overview

For the nine months ended December 31, 2025, the company maintained strong financial performance across key parameters.

Corporate Governance and Transparency

The board meeting was conducted on February 07, 2026, from 12:15 PM IST to 03:00 PM IST, where directors approved the unaudited financial results. Company Secretary Lovlesh Verma (ACS: 34171) signed the regulatory filing, ensuring compliance with listing obligations. The company continues to maintain transparency through timely disclosures and regulatory compliance.

Operational Highlights

The company reported a fire accident at its Bathinda plant during the quarter, resulting in a loss of ₹3,171.29 lakhs, which was netted off with insurance claim recoveries with no material impact. The company also voluntarily changed its accounting policy for raw material valuation from FIFO to weighted average basis during the quarter ended September 30, 2025, with retrospective effect.

Sportking India Limited, recognized as a Four Star Export House by the government, continues to operate as a single segment company engaged in the textile business with its registered office in Village Kanech, Near Sahnewal, GT Road, Ludhiana-141120, Punjab.

Sportking India , a prominent player in the textile industry, has released its financial results for the second quarter of fiscal year 2026, revealing a mixed performance marked by volume growth but overall revenue decline.

Key Financial Highlights

Revenue and Profitability

Despite a 12% increase in volume, Sportking India experienced a 4% year-on-year decline in overall revenue, which stood at ₹627.40 crores for Q2 FY26. The company attributed this decline to lower yarn spreads, highlighting the challenges faced in the current market environment.

However, it's not all gloomy for the textile manufacturer. The company reported an expansion in its gross profit margin, which reached 24.10% during the quarter. This improvement in profitability metrics suggests that Sportking India has been able to manage its costs effectively, even in the face of revenue pressures.

Operational Performance

Sportking India maintained a robust operational performance during the quarter, with capacity utilization remaining high at 96%. This indicates that the company is efficiently using its production capabilities to meet market demand.

Export Growth

A bright spot in the company's performance was its export business. Sportking India reported an 11% growth in exports, with revenue from international sales reaching ₹334.20 crores. This growth in exports demonstrates the company's ability to tap into global markets and partially offset domestic challenges.

Expansion Plans

Looking ahead, Sportking India is progressing with its expansion project in Odisha. The company expects to break ground on this new facility within the next 30-40 days. This expansion could potentially enhance the company's production capacity and market reach in the coming quarters.

Conclusion

Sportking India's Q2 FY26 results present a nuanced picture of the company's performance. While facing headwinds in terms of overall revenue, the company has shown resilience through improved gross margins, strong export growth, and high capacity utilization. The upcoming Odisha expansion project may provide additional growth opportunities as the company navigates the dynamic textile market landscape.

Investors and market watchers will likely keep a close eye on how Sportking India leverages its operational efficiencies and expansion plans to address the challenges posed by market conditions in the coming quarters.