Ludhiana, October 30: Textile major Sportking India has reported a strong financial performance for the quarter ended September 30, 2026, with the company registering a 240% rise in profit after tax (PAT) to Rs.96.4 crore, driven by favorable realizations and strong market demand. This has come despite production volumes remaining largely flat at 21,296 MT for the quarter.
Besides this, the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) have grown 136.8% to Rs.156.9 crore while its EBITDA margin has reached 19.8% for Q2 FY27 an improvement of 940 bps.This was made possible by the company’s improved product realisation and strong cost management across its spinning and yarn manufacturing operations, as it aimed to gain higher values from its existing production capacity.
“Healthy realisations, favourable spreads and disciplined execution supported the improvement in profitability, strengthening the Company’s foundation forits next phase of growth. Demand remained encouraging across domestic and international markets, with sustained traction across key export geographies around the world. India’s growing position as a preferred sourcing destination, together with the India-UK Free Trade Agreement and progress on the India-EU Free Trade Agreement, is expected to improve market access and create meaningful opportunities for the textile industry.
Looking ahead, we remain positive about demand prospects, supported by healthy domestic consumption,festive and wedding-season demand, improving export enquiries and the continued diversification of global supply chains. Sportking’s diversified portfolio and established customer relationships position us well to capitalize on these opportunities,” Mr. Munish Avasthi, Chairman & Managing Director, said in a press release.
