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Sportking India Ltd Q1FY24; 78% fall in Profits

Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments.

Financial Results:

Sportking India Ltd reported Revenues for Q1FY24 of ₹539.00 Crores down from ₹606.00 Crore year on year, a fall of 11.06%.

Total Expenses for Q1FY24 of ₹519.00 Crores up from ₹491.00 Crores year on year, a rise of 5.7%.

Consolidated Net Profit of ₹18.00 Crores down 78.31% from ₹83.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.68, down 78.12% from ₹62.53 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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