Sportking India Issues Corrigendum Correcting Board Meeting Date in Q3 FY26 Results

2 min read     Updated on 10 Feb 2026, 12:09 AM
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Reviewed by
Naman SScanX News Team
Overview

Sportking India Limited corrected a typographical error in its Q3 FY26 financial results publication, changing the board meeting date from February 7, 2025 to February 7, 2026. The corrigendum was communicated to BSE and NSE, emphasizing no changes to the actual financial performance data.

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*this image is generated using AI for illustrative purposes only.

Sportking India Limited has delivered strong financial results for the third quarter of FY26, showcasing robust growth across key performance metrics. The textile manufacturer reported significant improvements in profitability and operational efficiency during the quarter ended December 31, 2025.

Corrigendum for Financial Results Publication

Sportking India Limited issued a corrigendum regarding its financial results published on February 9, 2026. The company clarified that the board meeting date was incorrectly mentioned in the published results:

Parameter Incorrect Date Correct Date
Board Meeting Date Saturday, February 7, 2025 Saturday, February 7, 2026
Publication Date February 9, 2026 February 9, 2026
Error Type Typographical No change in financial data

The corrigendum was communicated to BSE Limited and National Stock Exchange of India Limited, emphasizing that this was purely a typographical error with no changes to the financial results or any other published information.

Q3 FY26 Financial Performance

The company demonstrated strong financial performance with notable growth in key metrics:

Metric Q3 FY26 Q3 FY25 Growth
Revenue from Operations Rs. 645.9 crores Rs. 609.7 crores +5.9%
EBITDA Rs. 65.6 crores Rs. 59.2 crores +10.8%
EBITDA Margin 10.2% 9.7% +45 bps
Profit After Tax Rs. 24.6 crores Rs. 18.5 crores +33.0%
PAT Margin 3.8% 3.0% +77 bps

The company's gross profit reached Rs. 151.1 crores with a margin of 23.4%, while EBIT stood at Rs. 44 crores representing a 7% margin. The strong performance was driven by improved operational efficiency and better margin management.

Nine-Month FY26 Results

For the nine-month period ended December 31, 2025, Sportking India maintained steady performance:

Parameter 9M FY26 9M FY25 Change
Revenue from Operations Rs. 1,859.1 crores Rs. 1,895.4 crores -1.9%
EBITDA Rs. 200.5 crores Rs. 193.2 crores +3.8%
EBITDA Margin 10.8% 10.2% +59 bps
Profit After Tax Rs. 87.0 crores Rs. 77.8 crores +11.8%
PAT Margin 4.7% 4.1% +57 bps

Despite a marginal decline in revenue, the company improved its profitability metrics, demonstrating effective cost management and operational optimization.

Corporate Governance and Compliance

The corrigendum was signed by Lovlesh Verma, Company Secretary (ACS: 34171), and published in multiple newspapers including Business Standard and Desh Sewak. The company maintains transparency in its communications with stock exchanges and ensures accurate disclosure of information to stakeholders.

Historical Stock Returns for Sportking

1 Day5 Days1 Month6 Months1 Year5 Years
-0.92%+7.96%+45.19%+4.21%+54.08%+14.74%

Sportking India Publishes Q3FY26 Results in Newspapers Following SEBI Compliance

2 min read     Updated on 02 Feb 2026, 03:59 PM
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Reviewed by
Ashish TScanX News Team
Overview

Sportking India Limited has published its Q3FY26 quarterly results in newspapers as per SEBI regulations, showing revenue of ₹64,588.82 lakhs and net profit growth of 33% to ₹2,459.76 lakhs. The company communicated this publication to stock exchanges on February 9, 2026, maintaining regulatory compliance and transparency.

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*this image is generated using AI for illustrative purposes only.

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.

Publication Details: Information
Publication Date: February 09, 2026
English Newspaper: Business Standard
Regional Newspaper: Desh Sewak (Punjabi)
BSE Script Code: 539221
NSE Symbol: SPORTKING

Q3FY26 Financial Performance

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

Financial Metrics: Q3FY26 Q3FY25 Change (%)
Revenue from Operations: ₹64,588.82 lakhs ₹60,972.95 lakhs +5.93%
Total Income: ₹64,842.43 lakhs ₹61,291.21 lakhs +5.79%
Net Profit: ₹2,459.76 lakhs ₹1,849.54 lakhs +33.00%
Basic & Diluted EPS: ₹1.94 ₹1.45 +33.79%

Nine Months Performance Overview

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

Nine Months Metrics: FY26 FY25 Change (%)
Revenue from Operations: ₹185,908.02 lakhs ₹189,542.23 lakhs -1.92%
Total Income: ₹188,162.31 lakhs ₹191,323.45 lakhs -1.65%
Net Profit: ₹8,696.16 lakhs ₹7,780.85 lakhs +11.77%
Basic & Diluted EPS: ₹6.84 ₹6.12 +11.76%

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.

Historical Stock Returns for Sportking

1 Day5 Days1 Month6 Months1 Year5 Years
-0.92%+7.96%+45.19%+4.21%+54.08%+14.74%

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1 Year Returns:+54.08%